EBT Purchase of shares

RNS Number : 4985Z

Land Securities Group PLC

18 September 2015

 



Land Securities Group PLC

Market purchase of Company shares

by the Company's employee benefit trust

Land Securities Group PLC ("Company") today confirms that on 17 September 2015, ACS HR Solutions Share Plan Services (Guernsey) Limited, acting as Trustee of the Land Securities Deferred Bonus Plan Trust ("Trust"), purchased in the market 500,000 (five hundred thousand) Ordinary shares of nominal value 10 pence each in the capital of the Company ("Shares") at an average price of 1218.49 pence per share.

The Trust holds Shares for the benefit of the Company's employees, and in particular for satisfying the vesting of awards made under the Company's various employee share incentive plans. As such, Robert Noel and Martin Greenslade, as Executive Directors, and Colette O'Shea and Scott Parsons, as other PDMRs, are amongst the potential beneficiaries of the Trust.

Following the above transaction, the Trust holds 792,980 Shares for the above purpose, representing 0.1% of the Company's issued share capital with voting rights.

END

Land Securities contact:

Michael Arnaouti                      [phone]

Deputy Company Secretary

 

END

 

 

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