Great Portland Estates plc R.E.I.T. (GB:GPE) has released an update.
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Great Portland Estates plc has announced that two top executives exercised nil-cost options and sold shares to cover tax liabilities. Chief Executive Toby Courtauld and CFO Nick Sanderson exercised options granted in 2019, subsequently selling portions of their shares at a price of 347.522p to meet tax obligations. The transactions occurred on the London Stock Exchange and are part of the company’s Long Term Incentive Plan.
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