Director/PDMR Shareholding

RNS Number : 0909C

British Land Co PLC

23 June 2016

 

Long-Term Incentive Plan ("LTIP") Grant

The British Land Company PLC (the 'Company') announces that conditional awards of the Company's ordinary shares of 25 pence each ('Shares') and conditional awards of options over the Company's Shares were granted to Executive Directors and Persons Discharging Managerial Responsibilities ('PDMRs') on 22 June 2016 under the Company's LTIP, as outlined below.

	Performance shares at nil consideration	Options at 730.5 pence
Directors
Chris Grigg	229,979	-
Lucinda Bell	134,976	-
Charles Maudsley	122,176	-
Tim Roberts	61,088	244,353
PDMRs
Sally Jones	47,227	-
Roger Madelin	28,234	112,936
Darren Richards	47,227	-
Joff Sharpe	56,288	-
Nigel Webb	38,539	83,008
Elaine Williams	33,059	56,673

The above performance shares conditionally vest on the third anniversary of grant. The above options are conditionally exercisable from the third until the tenth anniversary of grant. The LTIP option exercise price is 730.5 pence per share. No consideration was paid for the grant of these awards.

The LTIP awards were granted in London. This notification is made in accordance with the requirements of DTR 3.1.4 R

Enquiries:
Company Secretariat, British Land	020 7486 4466

 

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