Director/PDMR Shareholding

RNS Number : 2723N
British Land Co PLC
30 May 2022
 

The British Land Company PLC (the 'Company')

Annual Incentive Plan

In accordance with the Remuneration Policy approved by shareholders on 19 July 2019 ("the Policy") on 27 May 2022, one third of the cash bonus awarded to Executive Directors was used to purchase ordinary shares of 25 pence each in the Company at a price of 528.27p per share. These shares must be held for a minimum of three years in accordance with the Policy.

 

Details of the purchases referenced above are included below in accordance with the UK Market Abuse Regulation.

 

Enquiries:


Company Secretariat, British Land  

020 7486 4466

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 

1.    Simon Carter

2.    Bhavesh Mistry

 

2

Reason for the notification

a)

Position/status

 

1.    PDMR - Chief Executive Officer

2.    PDMR - Chief Financial Officer

 

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

 

Acquisition of Annual Incentive Shares under the Annual Incentive Plan.

c)

Price(s) and volume(s)

 

 

Price(s) (pence)

Volume(s)

1.    528.27p

2.    528.27p

1.    33,241

2.    15,204

 

d)

Aggregated information

-     Aggregated volume

-     Price

 

 

n/a

e)

Date of the transaction

 

27 May 2022

f)

Place of the transaction

 

London Stock Exchange (XLON)

 

 

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