Director/PDMR Shareholding

RNS Number : 7412J

British Land Co PLC

04 July 2011

 



SAYE Option Scheme Grant

The British Land Company PLC (the 'Company') announces the following grants of options over Ordinary Shares of 25p each, under its Save as you Earn Share Option Scheme ('SAYE'), to a Director and Person Discharging Managerial Responsibilities ('PDMR') of the Company, as detailed below.  

Name	Scheme Duration	Options at 473p each
C Grigg             (Director)	3 Year	1,908
J-M Vandevivere (PDMR)	5 Year	3,261

The SAYE scheme contracts start on 1 September 2011 with all options being granted on 01 July 2011, at an exercise price of 473p per share.

Permitted exercise periods are for a period of six months running from 1 September 2014 to 28 February 2015 for the 3 year scheme, and from 1 September 2016 to 28 February 2017 for the 5 year scheme.

 

END

 

 

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