Director/PDMR Shareholding

RNS Number : 8804G

British Land Co PLC

26 July 2019

 

Long-Term Incentive Plan ('LTIP') Grant

The British Land Company PLC (the 'Company') announces that on 24 July 2019 conditional awards of the Company's ordinary shares of 25 pence each ('Performance Shares') under the LTIP were granted to Executive Directors and other Persons Discharging Managerial Responsibilities ('PDMRs') as outlined below.

Directors	Performance Shares at nil consideration
Chris Grigg	407,923
Simon Carter	233,383
PDMRs	Performance Shares at nil consideration
Emma Cariaga	40,842
Ann Henshaw	42,475
Sally Jones	62,845
David Lockyer	40,842
Brona McKeown	45,824
Roger Madelin	46,741
Darren Richards	62,845
Joff Sharpe	46,741
Nigel Webb	49,078

The above Performance Shares vest on the third anniversary of grant, subject to performance conditions.  Those conditions are based 40% on Total Property Return, 20% on Total Accounting Return and 40% on Total Shareholder Return (20% against a FTSE100 comparator group and 20% against a FTSE350 property comparator group).

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 Identification Code for ordinary shares of 25 pence each in the Company is GB0001367019.

Enquiries
Company Secretariat	0207 486 4466

 

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