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Land Sec. Group PLC (LAND)

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Tuesday 18 May, 2021

Land Sec. Group PLC

Director/PDMR Shareholding

RNS Number : 0180Z
Land Securities Group PLC
18 May 2021
 

 

 

Land Securities Group PLC 

(Company)

 

Notification of transactions by

Persons Discharging Managerial Responsibilities (PDMRs)

 

 

The Company announces that Vanessa Simms, Chief Financial Officer, has been granted four nil-cost share option awards in accordance with the Recruitment Award Agreement entered into between Vanessa Simms and the Company on 18 May 2021 (being the first day of Vanessa Simm's employment when the Company was not in a closed period).  As previously announced by the Company on 28 October 2020, these awards are to replace long term incentive awards from Vanessa Simm's former employer which were forfeited as a result of Vanessa Simms joining the Company. 

The awards are set out below. 

 

1

Details of the person discharging managerial responsibilities

 

a)

Name

Vanessa Simms

 

2

Reason for the notification

 

a)

Position/status

Chief Financial Officer

 
 
 

b)

Initial notification/Amendment

Initial

 

3

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

 

a)

Name

 Land Securities Group PLC

 

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 the financial instrument, type of instrument Identification code

Ordinary shares

 

 

 GB00BYW0PQ60

 

b)

Nature of transaction

Award of nil cost options over the Company's ordinary shares (vesting 12 December 2021)

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

 

Nil cost

  69,994

 
 

d)

Aggregated information

N/A (single transaction)

 

 

 

 

-  Aggregated volume

 

-  Price

 

e)

Date of the transaction

 18/05/2021

 

f)

Place of the transaction

 N/A

 

 

1

Details of the person discharging managerial responsibilities

 

a)

Name

Vanessa Simms

 

2

Reason for the notification

 

a)

Position/status

Chief Financial Officer

 
 
 

b)

Initial notification/Amendment

Initial

 

3

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

 

a)

Name

 Land Securities Group PLC

 

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 the financial instrument, type of instrument Identification code

Ordinary Shares

 

 

GB00BYW0PQ60

 

b)

Nature of transaction

Award of nil cost options over the Company's ordinary shares (vesting 25 June 2023 subject to performance conditions under the Company's long-term incentive plan but over 2-year performance period).

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

 

Nil cost

 

  110,160

 
 

d)

Aggregated information

N/A (single transaction)

 

 

 

 

 

 

 

Aggregate Volume

 

-  Price

 

e)

Date of the transaction

  18 /05/2021

 

f)

Place of the transaction

 N/A

 

 

 

 

 

 

 

 

1

Details of the person discharging managerial responsibilities

 

a)

Name

Vanessa Simms

 

2

Reason for the notification

 

a)

Position/status

Chief Financial Officer

 
 
 

b)

Initial notification/Amendment

Initial

 

3

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

 

a)

Name

 Land Securities Group PLC

 

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 the financial instrument, type of instrument Identification code

Ordinary Shares

 

 

GB00BYW0PQ60

 

b)

Nature of transaction

Award of Nil Cost Options over the Company's Shares under the Deferred Share Bonus Plan (vesting 12 December 2021).

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

 

 

Nil cost

 

 

19,219

 
 

d)

Aggregated information

 

 

N/A (single transaction)

 

 

 

 

 

-  Aggregated volume

 

-  Price

 

e)

Date of the transaction

 18/05/2021

 

f)

Place of the transaction

 N/A

 

 

 

 

 

 

 

 

1

Details of the person discharging managerial responsibilities

 

a)

Name

Vanessa Simms

 

2

Reason for the notification

 

a)

Position/status

Chief Financial Officer

 
 
 

b)

Initial notification/Amendment

Initial

 

3

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

 

a)

Name

 Land Securities Group PLC

 

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 the financial instrument, type of instrument Identification code

Ordinary Shares

 

 

GB00BYW0PQ60

 

b)

Nature of transaction

Award of Nil Cost Options over the Company's Shares under the Deferred Share Bonus Plan (vesting 12 December 2022).

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

 

 

Nil cost

 

 

5,431

 
 

d)

Aggregated information

 

 

N/A (single transaction)

 

 

 

 

 

-  Aggregated volume

 

-  Price

 

e)

Date of the transaction

 18/05/2021

 

f)

Place of the transaction

 N/A

 

 


 

For further information, please contact:

Land Securities Group PLC 

Liz Miles  

Company Secretary

Tel: 020 7024 5280

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