Director/PDMR Shareholding

RNS Number : 5590B

British Land Co PLC

18 August 2008

 



Notification of 'Dividend' Share Purchase in the British Land Share Incentive Plan ('SIP')

Equiniti Share Plan Trustees Limited (the 'Trustees'), Trustees of the British Land SIP, notified the Company on 18th August 2008 that they purchased on 15th August 2008 a total of 5,203 ordinary 25p shares at a price of £7.405 per share under the 'Dividend' element of the Company's SIP. Under the terms of the SIP net dividends paid on the 'Free', 'Partnership', 'Matching' and 'Dividend' shares held by the Trustees on behalf of eligible participating employees, are used to purchase further 'Dividend' shares for each eligible participating employee. 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 Dividend Shares acquired under the SIP
Directors
S A M Hester	14
G C Roberts	45
T A Roberts	45
A M Jones	17
Persons Discharging Managerial Responsibilities
A Braine	45
P Clarke	45
V Beresford	17
N Webb	45

 

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