British Land Co PLC
16 September 2005
Notification of monthly investment in the British Land Share Incentive Plan
('SIP')
Hill Samuel ESOP Trustees Limited (the 'Trustees'), Trustees of the British Land
SIP, have notified the Company that they purchased on 14th September 2005 a
total of 7,002 ordinary 25p shares at a price of £9.001674 per share under the
'Partnership' and 'Matching' element of the Company's SIP. Under the terms of
the SIP each eligible participating employee can contribute from monthly salary
to purchase 'Partnership Shares', and the Company matches this by awarding two
'Matching Shares' for every one 'Partnership Share' purchased by participating
employees. The SIP has been approved by the Inland Revenue as a share incentive
plan under Schedule 8 of the Finance Act 2000.
As participants in the SIP the executive directors and the persons discharging
managerial responsibilities named below are deemed to have an interest in the
shares held by the Trustees.
The Company also received notification from the Trustees, that of the above
shares acquired by the Trustees, the shares purchased on behalf of the Company's
executive directors and persons discharging managerial responsibilities were as
follows:
Number of Partnership Shares Number of Matching Shares
acquired under the SIP acquired under the SIP
Directors
J H Ritblat 14 28
J H Weston Smith 14 28
R E Bowden 14 28
G C Roberts 14 28
Persons Discharging Managerial Responsibilities
T A Roberts 14 28
A Braine 14 28
16th September 2005.
This information is provided by RNS
The company news service from the London Stock Exchange
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