Director/PDMR Shareholding

RNS Number : 1360S

British Land Co PLC

27 November 2012

 



The Company announces that on 26 November 2012 it received notification from the Trustees of The British Land Share Ownership Plan (the "Trust") that, on 26 November 2012, 4,342 Performance Shares and 17,368 options at 475p per share, under the Long-Term Incentive Plan ("LTIP"), granted to Simon Carter, a Person Discharging Managerial Responsibilities, on 25 November 2009, vested on full satisfaction of the LTIP Performance Condition. The Performance Shares conditionally vest on the third anniversary of grant. The options are conditionally exercisable from the third until the tenth anniversary of grant.

Following the vesting, on 26 November 2012, Simon Carter sold 2,007 shares, all at a price of 536.5p per share.

 

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