Director/PDMR Shareholding

RNS Number : 0401F

British Land Co PLC

15 April 2011

 



Notification of monthly investment 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 15 April 2011 that they purchased on 14 April 2011 a total of 22,692 ordinary 25p shares at a price of £5.549843 per share under the 'Partnership' and 'Matching' element of the Company's SIP.

Under the terms of the SIP each eligible participating employee can contribute from monthly salary to purchase 'Partnership Shares', and the Company matches this by awarding two 'Matching Shares' for every one 'Partnership Share' purchased by participating employees.

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 Partnership Shares acquired under the SIP	Number of Matching Shares acquired under the SIP
Directors
L M Bell	22	44
C M Grigg	270	540
G C Roberts	22	44
T A Roberts	22	44
Persons Discharging Managerial Responsibilities
A Braine	22	44
B T Grose	22	44
J-M Vandevivere	202	404
N M Webb	22	44

15 April 2011

 

END

 

 

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