Director/PDMR Shareholding

British Land Co PLC

19 June 2026

 

Long-Term Incentive Plan ('LTIP') Grant

The British Land Company PLC (the 'Company') announces that on 18 June 2026, conditional awards of Ordinary Shares of 25p each in the Company were granted to the following Executive Director and other Persons Discharging Managerial Responsibilities ('PDMRs') under the LTIP (the 'Performance Shares').

	Performance Shares at nil consideration
Executive Director
David Walker	302,287
PDMRs
Emma Cariaga	140,348
Kelly Cleveland	172,735
David Lockyer	161,940
Brona McKeown	141,525
Michael Wiseman	119,489

The above Performance Shares conditionally vest on the third anniversary of grant, subject to performance conditions. Those conditions are based 50% on Total Accounting Return, 25% on Total Shareholder Return, and 25% on Environmental Measures. A two-year post-vesting holding period applies to any shares vesting for Executive Directors. A full description of the performance conditions attached to the awards is contained within the 2026 Directors' Remuneration Report.

These transactions took place outside of a trading venue.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	1.   Emma Cariaga 2.   Kelly Cleveland 3.   David Lockyer 4.   Brona McKeown 5.   Michael Wiseman 6.   David Walker
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 - 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	Grant of conditional Performance Share Award under the Long-Term Incentive Plan scheme
c)	Price(s) and volume(s)	Price(s) (pence) Volume(s) 1.   Nil 2.   Nil 3.   Nil 4.   Nil 5.   Nil 6.   Nil 1.   140,348 2.   172,735 3.   161,940 4.   141,525 5.   119,489 6.   302,287
d)	Aggregated information -      Aggregated volume -      Price	N/A (single transaction)
e)	Date of the transaction	2026-06-18
f)	Place of the transaction	Outside of a trading venue

This notification is made in accordance with the requirements of the UK Market Abuse Regulation.  The Identification Code for Ordinary Shares of 25 pence each in the Company is GB0001367019.

Enquiries
Company Secretariat	0207 486 4466

 

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