Director/PDMR Shareholding

RNS Number : 5609J

British Land Co PLC

29 June 2017

 

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 28 June 2017 under the LTIP, as outlined below.

	Performance Shares at nil consideration	Options at 617.167 pence per Share
Directors
Chris Grigg	340,264
Lucinda Bell	199,702
Charles Maudsley	180,765
Tim Roberts	180,765
PDMRs
Sally Jones	70,888
Roger Madelin	38,988	155,954
Darren Richards	38,988	155,954
Joff Sharpe	77,729
Nigel Webb	81,876

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 617.167 pence per share. No consideration was paid for the grant of these awards.

These transactions took place outside of a trading venue

This notification is made in accordance with the requirements of the EU Market Abuse Regulation.  The Company's Legal Entity Identifier Code is RV5B68J2GV3QGMRPW209. The Identification Code for ordinary shares of 25 pence each in the Company is GB0001367019.

Enquiries:
Bruce James
Company Secretariat, British Land	020 7486 4466

 

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