Long-Term Incentive Plan ('LTIP')
The British Land Company PLC (the 'Company') announces that on 24 March 2015 Chris Grigg and Lucinda Bell, Executive Directors of the Company, exercised options that had been awarded under the Company's LTIP:
Director |
Date of Grant |
Options Exercised |
Option Price (pence) |
Chris Grigg |
29/06/09 |
475,840 |
387.0 |
Lucinda Bell |
05/12/05 |
11,557 |
823.6 |
Lucinda Bell |
29/06/09 |
50,387 |
387.0 |
Lucinda Bell |
21/12/09 |
36,434 |
446.0 |
Following the exercises, Chris Grigg and Lucinda Bell sold the shares they had acquired at a price of 876.6635 pence per share.
Share Sale
The Company announces that Charles Maudsley, an Executive Director of the Company, transferred 4,000 ordinary shares to his spouse, Susan Maudsley, on 24 March 2015. Following the transfer, Susan Maudsley sold 4,000 ordinary shares at a price of 877.5 pence per share.
All of the transactions referred to above took place in London and the Company was notified on 24 March 2015.
This notification is made in accordance with the requirements of DTR 3.1.4 R.