Director/PDMR Shareholding- SAYE option grant

RNS Number : 9597B

British Land Co PLC

22 June 2016

Save As You Earn ("SAYE") Option Scheme

The British Land Company PLC (the "Company") announces that Sally Jones and Elaine Williams (each a Person Discharging Managerial Responsibilities of the Company) were granted options over the Company's ordinary shares of 25 pence each ("Shares") under the Company's SAYE Option Scheme on 21 June 2016, as detailed in the table below:

	Options granted	Option price (pence)	SAYE contract commences	Option exercise period commences
Sally Jones	2,960	608	1 September 2016	1 September 2019
Elaine Williams	1,480	608	1 September 2016	1 September 2019
Elaine Williams	2,467	608	1 September 2016	1 September 2021

The permitted exercise period for SAYE options is six months, commencing on the dates listed above. No consideration was paid for the grant of these options.

The SAYE options were granted in London and this notification is made in accordance with the requirements of DTR 3.1.4 R