Director/PDMR Shareholding

RNS Number : 0044V

British Land Co PLC

21 May 2008

 



British Land Co PLC

21 May 2008

Director / PDMR Shareholding

On 20 May 2008 Stephen Hester, Graham Roberts, Andrew Jones and Tim Roberts, Directors of The British Land Company PLC, purchased ordinary 25p shares in the Company at a price of 806p per share (see table below), to be held subject to the rules of the Company's Matching Share Plan. 

Also, on that date, Peter Clarke, Valentine Beresford, Nigel Webb and Tony Braine, as persons discharging managerial responsibility ("PDMR"), purchased ordinary 25p shares in the Company at a price of 806p per share (see table below), to be held subject to the rules of the Company's Matching Share Plan.

Consequently, in accordance with the rules of the Matching Share Plan, on 20 May 2008, Stephen Hester, Graham Roberts, Andrew Jones, Tim Roberts, Peter Clarke, Valentine Beresford, Nigel Webb and Tony Braine were conditionally awarded a right to receive a number of ordinary 25p shares in the Company at nil consideration, as shown in the following tables.

These awards will conditionally vest on the third anniversary of grant, subject, inter alia, to achievement of the performance conditions and continued employment.

Director	Shares purchased	Conditional Award
S Hester	24,011	77,676
G Roberts	5,856	18,944
A Jones	7,930	25,656
T Roberts	8,540	27,628

PDMR	Shares purchased	Conditional Award
P Clarke	2,928	9,472
N Webb	3,904	12,628
V Beresford	6,100	19,732
T Braine	1,537	4,972

21 May 2007.

 

END

 

 

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