28 March 2025
SEGRO plc (the Company)
Director/PDMR Shareholding
On 26 March 2025, shares granted to Executive Directors of the Company under the Long Term Incentive Plan (LTIP) on 26 March 2020 reached the end of the two-year holding period and were released as set out in the table below:
| Name | Number of shares released (gross)1 | Number of shares released (net) |
| David Sleath | 219,877 | 116,534 |
| Soumen Das | 155,815 | 82,581 |
1. LTIP awards are structured as conditional awards over ordinary shares in the Company. The 2020 LTIP reached the end of the three-year performance period on 26 March 2023, following which the Remuneration Committee assessed the extent to which the performance conditions of this award had been satisfied and determined that 100 per cent of the award should vest. The 2020 LTIP awards made to Executive Directors were subject to a further two-year compulsory holding period, which ended on 26 March 2025. Further details of the operation of the LTIP are available in the Company's 2024 Annual Report and Accounts.
The Notification of Dealing Forms provided in accordance with the requirements of the UK Market Abuse Regulation in relation to the transactions listed above are set out below:
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a)
| Name | David Sleath | ||||||
| 2. | Reason for the notification | |||||||
| a)
| Position/status
| Chief Executive | ||||||
| b)
| Initial notification /Amendment
| Initial | ||||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a)
| Name
| SEGRO plc | ||||||
| b)
| LEI | 213800XC35KGM9NFC641 | ||||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
| a)
| Description of the financial instrument, type of instrument
Identification code | Ordinary Shares of 10 pence each
ISIN: GB00B5ZN1N88
| ||||||
| b)
| Nature of the transaction | Ordinary shares acquired following the release of conditional share awards under the SEGRO plc Long Term Incentive Plan (LTIP).
| ||||||
| c)
| Price(s) and volume(s) |
| ||||||
| d)
| Aggregated information | N/A | ||||||
| e)
| Date of the transaction
| 26 March 2025 | ||||||
| f)
| Place of the transaction
| Outside of a trading venue | ||||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
| a)
| Description of the financial instrument, type of instrument
Identification Code | Ordinary Shares of 10 pence each
ISIN: GB00B5ZN1N88
| ||||||
| b)
| Nature of the transaction | Sale of Ordinary Shares to meet personal tax and national insurance obligations arising from the release of an LTIP Award. The Ordinary Shares sold to meet these obligations were sold in the main market of the London Stock Exchange on 26 March 2025.
| ||||||
| c)
| Price(s) and volume(s) |
| ||||||
| d)
| Aggregated information | N/A | ||||||
| e)
| Date of the transaction
| 26 March 2025 | ||||||
| f)
| Place of the transaction
| Main Market, London Stock Exchange (XLON) | ||||||
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a)
| Name | Soumen Das | ||||||
| 2. | Reason for the notification | |||||||
| a)
| Position/status
| Chief Financial Officer | ||||||
| b)
| Initial notification /Amendment
| Initial | ||||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a)
| Name
| SEGRO plc | ||||||
| b)
| LEI | 213800XC35KGM9NFC641 | ||||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
| a)
| Description of the financial instrument, type of instrument
Identification code | Ordinary Shares of 10 pence each
ISIN: GB00B5ZN1N88
| ||||||
| b)
| Nature of the transaction | Ordinary shares acquired following the release of conditional share awards under the SEGRO plc Long Term Incentive Plan (LTIP).
| ||||||
| c)
| Price(s) and volume(s) |
| ||||||
| d)
| Aggregated information | N/A | ||||||
| e)
| Date of the transaction
| 26 March 2025 | ||||||
| f)
| Place of the transaction
| Outside of a trading venue | ||||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
| a)
| Description of the financial instrument, type of instrument
Identification Code | Ordinary Shares of 10 pence each
ISIN: GB00B5ZN1N88
| ||||||
| b)
| Nature of the transaction | Sale of Ordinary Shares to meet personal tax and national insurance obligations arising from the release of an LTIP Award. The Ordinary Shares sold to meet these obligations were sold in the main market of the London Stock Exchange on 26 March 2025.
| ||||||
| c)
| Price(s) and volume(s) |
| ||||||
| d)
| Aggregated information | N/A | ||||||
| e)
| Date of the transaction
| 26 March 2025 | ||||||
| f)
| Place of the transaction
| Main Market, London Stock Exchange (XLON) | ||||||
Emma Jackman
Deputy Company Secretary
+44 1753 213 533
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