Director/PDMR Shareholding

RNS Number : 7165R

British Land Co PLC

30 June 2015

 



Matching Share Plan ("MSP")

The British Land Company PLC (the "Company") announces that on 29 June 2015 it received notification from the Trustees of The British Land Employee Share Trust that, on 29 June 2015, it had purchased ordinary shares of 25 pence each in the Company ("Shares") on behalf of Chris Grigg, Lucinda Bell, Charles Maudsley and Tim Roberts (Directors of the Company) and Sally Jones, Joff Sharpe, Jean-Marc Vandevivere and Nigel Webb (Persons Discharging Managerial Responsibilities, "PDMRs") at a price of 806 pence per share, to be held subject to the rules of the Company's MSP, as shown in the table below.

Following this purchase, in accordance with the rules of the MSP, the above Directors and PDMRs were conditionally awarded a right to receive a number of Shares in the Company at nil consideration, as shown in the table below. These awards will conditionally vest on the third anniversary of grant, subject, inter alia, to achievement of the performance conditions and continued employment.

	Shares purchased at 806 pence	Shares awarded at nil consideration
Directors
Chris Grigg	25,124	94,348
Lucinda Bell	10,904	40,950
Charles Maudsley	11,777	44,226
Tim Roberts	12,431	46,682
PDMRs
Sally Jones	2,617	9,828
Jonathan Sharpe	5,452	20,474
Jean-Marc Vandevivere	4,798	18,018
Nigel Webb	5,888	22,112

The above purchase and grant took place in London.

This notification is made in accordance with the requirements of DTR 3.1.4 R

Enquiries:
Camilla Wiseman Company Secretariat, British Land	020 7486 4466

 

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