Director/PDMR Shareholding

RNS Number : 6790S

British Land Co PLC

21 May 2009

 



Director / PDMR Shareholding

On 21 May 2009 Chris Grigg, 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 391p per share (see table below), to be held subject to the rules of the Company's Matching Share Plan. 

Also, on that date, Nigel Webb  and Valentine Beresford, as persons discharging managerial responsibility ('PDMR'), purchased ordinary 25p shares in the Company at a price of 391p 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 21 May 2009, Chris Grigg, Graham Roberts, Andrew Jones, Tim Roberts, Nigel Webb and Valentine Beresford 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
C Grigg	8,998	29,266
G Roberts	12,079	39,286
A Jones	17,616	57,294
T Roberts	15,602	50,746
PDMR	Shares purchased	Conditional Award
N Webb	6,039	19,642
V Beresford	9,563	31,102

 

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