Director/PDMR Shareholding

RNS Number : 8591C

British Land Co PLC

30 June 2016

 

Matching Share Plan ("MSP")

The British Land Company PLC (the "Company") has been notified by the Trustees of The British Land Employee Share Ownership Plan that on 29 June 2016, it purchased ordinary shares of 25 pence each in the Company ("Shares"), at a price of 599.60 pence per share, on behalf of the Company's Executive Directors and Persons Discharging Managerial Responsibilities ('PDMRs'), to be held subject to the rules of the Company's MSP.

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

Details of the Shares purchased and awarded are outlined below:

	Shares purchased at 599.60 pence	Shares awarded at nil consideration
Directors
Chris Grigg	24,626	96,718
Lucinda Bell	12,020	47,206
Charles Maudsley	12,020	47,206
Tim Roberts	11,727	46,056
PDMRs
Sally Jones	5,570	21,876
Joff Sharpe	6,596	25,906
Nigel Webb	7,182	28,208
Elaine Williams	1,465	5,756

These transactions took place in London and the Company was notified on 29 June 2016.

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

Enquiries:
Company Secretariat Ndiana Ekpo, British Land	020 7486 4466

 

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