Director/PDMR Shareholding

RNS Number : 3739D
British Land Co PLC
29 June 2021
 

The British Land Company plc (the 'Company')

Vesting of Restricted Share Award

On 25 June 2021 conditional awards of Ordinary Shares of 25 pence each in the Company, that were granted on 25 June 2018 under the Company's Restricted Share Plan, vested. Subsequent sales that were made by Persons Discharging Managerial Responsibilities ('PDMRs') upon the awards vesting are detailed below. The awards were not subject to performance conditions.

Name of PDMR

Number of shares that vested

Number of shares sold

Emma Cariaga

14,658

14,658

Kelly Cleveland

10,993

5,178

Ann Henshaw

16,032

7,551

David Lockyer

14,658

6,904

Roger Madelin

17,988

17,988

Brona McKeown

17,635

8,306

Darren Richards

17,988

8,472

David Walker

10,993

5,178

Nigel Webb

18,888

18,888

 

This disclosure is made in accordance with Article 19 of the Market Abuse Regulation (Regulation 596/2014).

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 

1.  Emma Cariaga

2.  Kelly Cleveland

3.  Ann Henshaw

4.  David Lockyer

5.  Roger Madelin

6.  Brona McKeown

7.  Darren Richards

8.  David Walker

9.  Nigel Webb

 

2

Reason for the notification

a)

Position/status

 

1.  PDMR - Executive Committee member

2.  PDMR - Executive Committee member

3.  PDMR - Executive Committee member

4.  PDMR - Executive Committee member

5.  PDMR - Executive Committee member

6.  PDMR - Executive Committee member

7.  PDMR - Executive Committee member

8.  PDMR - Executive Committee member

9.  PDMR - Executive Committee member

 

b)

Initial notification/Amendment

 

Initial notification

3

Details of the issuer; emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 

The British Land Company PLC

b)

LEI

 

RV5B68J2GV3QGMRPW209

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of financial instrument, type of financial instrument

 

Identification code

 

Ordinary shares of 25 pence each

 

 

 

GB0001367019

 

b)

Nature of the transaction

 

Sale of ordinary shares 25 pence each upon the vesting of conditional share awards made under the Company's Restricted Share Plan.

 

c)

Price(s) and volume(s)

 

 

Price(s) (pence)

Volume(s)

1.  511.916

2.  511.916

3.  511.916

4.  511.916

5.  511.916

6.  511.916

7.  511.916

8.  511.916

9.  511.916

1.  14,658

2.  5,178

3.  7,551

4.  6,904

5.  17,988

6.  8,306

7.  8,472

8.  5,178

9.  18,888

 

d)

Aggregated information

-  Aggregated volume

-  Price

N/A (single transaction)

e)

Date of the transaction

 

2021-06-25

f)

Place of the transaction

 

London Stock Exchange (XLON)

 

 

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