The British Land Company PLC announces that conditional awards of the Company's Ordinary Shares of 25p each ("Shares"), under the Company's Long-Term Incentive Plan ("the Plan"), were made to Executive Directors and Persons Discharging Managerial Responsibilities ("PDMRs") on 14 September 2012 as outlined below, pursuant to a recommendation of the Company's Remuneration Committee.
|
Performance Shares at nil consideration |
Options at 538p |
Directors |
||
Chris Grigg |
185,873 |
743,494 |
Lucinda Bell |
138,289 |
138,289 |
Charles Maudsley |
157,992 |
- |
Tim Roberts |
157,992 |
- |
Stephen Smith |
78,996 |
315,985 |
PDMRs |
||
Anthony Braine |
61,742 |
- |
Simon Carter |
34,042 |
70,148 |
Ben Grose |
27,881 |
111,524 |
Jean-Marc Vandevivere |
62,174 |
5,576 |
Nigel Webb |
70,539 |
- |
The above Performance Shares conditionally vest on the third anniversary of grant. The options are conditionally exercisable from the third until the tenth anniversary of grant.
The Company also announces that on 14 September 2012 Tim Roberts, an Executive Director, sold 30,000 shares at a price of 547.1p per share.