Director/PDMR Shareholding

RNS Number : 5030N

British Land Co PLC

18 February 2009

 



Notification of 'Dividend' Share Purchase in the British Land Share Incentive Plan ('SIP')

Equiniti Share Plan Trustees Limited (the 'Trustees'), Trustees of the British Land SIP, notified the Company on 17th February 2009 that they purchased on 16th February 2009 a total of 8687 ordinary 25p shares at a price of £4.674931 per share under the 'Dividend' element of the Company's SIP. Under the terms of the SIP net dividends paid on the 'Free', 'Partnership', 'Matching' and 'Dividend' shares held by the Trustees on behalf of eligible participating employees, are used to purchase further 'Dividend' shares for each eligible participating employee. The SIP has been approved by the Inland Revenue as a share incentive plan under Schedule 8 of the Finance Act 2000.

As participants in the SIP the executive directors and the persons discharging managerial responsibilities named below are deemed to have an interest in the shares held by the Trustees.

The Company also received notification from the Trustees, that of the above shares acquired by the Trustees, the shares purchased on behalf of the Company's executive directors and persons discharging managerial responsibilities were as follows:

	Number of Dividend Shares acquired under the SIP
Directors
G C Roberts	59
T A Roberts	59
A M Jones	40
Persons Discharging Managerial Responsibilities
A Braine	59
P Clarke	59
V Beresford	40
N Webb	59

 

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