18 Feb 2008 11:09
St. Modwen Properties PLC18 February 2008 18 February 2008 St. Modwen Properties PLC (the "Company") Director/PDMR sharedealing The Company announces that on 15 February 2008, Mike Herbert, a PersonDischarging Managerial Responsibility, exercised 2,648 SAYE share options in theCompany at a price of 125 pence per share. Following the exercise Mr Herberttransferred the shares as follows: ARW Herbert 882 sharesAVW Herbert 883 sharesCEW Herbert 883 shares Each of these individuals is over the age of 18 at the date of transfer and noneis a connected person. Following these transactions Mr. Herbert's beneficialshareholding in the Company remains unchanged at 104,483 shares, representing0.087% of the Company's issued share capital. Enquiries: St. Modwen Properties PLC Tel: 0121 222 9400Jon Messent, Company Secretary This information is provided by RNS The company news service from the London Stock Exchange