Director/PDMR Shareholding

RNS Number : 3739D

British Land Co PLC

29 June 2021

 

The British Land Company plc (the 'Company')

Vesting of Restricted Share Award

On 25 June 2021 conditional awards of Ordinary Shares of 25 pence each in the Company, that were granted on 25 June 2018 under the Company's Restricted Share Plan, vested. Subsequent sales that were made by Persons Discharging Managerial Responsibilities ('PDMRs') upon the awards vesting are detailed below. The awards were not subject to performance conditions.

Name of PDMR	Number of shares that vested	Number of shares sold
Emma Cariaga	14,658	14,658
Kelly Cleveland	10,993	5,178
Ann Henshaw	16,032	7,551
David Lockyer	14,658	6,904
Roger Madelin	17,988	17,988
Brona McKeown	17,635	8,306
Darren Richards	17,988	8,472
David Walker	10,993	5,178
Nigel Webb	18,888	18,888

This disclosure is made in accordance with Article 19 of the Market Abuse Regulation (Regulation 596/2014).

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	1.  Emma Cariaga 2.  Kelly Cleveland 3.  Ann Henshaw 4.  David Lockyer 5.  Roger Madelin 6.  Brona McKeown 7.  Darren Richards 8.  David Walker 9.  Nigel Webb
2	Reason for the notification
a)	Position/status	1.  PDMR - Executive Committee member 2.  PDMR - Executive Committee member 3.  PDMR - Executive Committee member 4.  PDMR - Executive Committee member 5.  PDMR - Executive Committee member 6.  PDMR - Executive Committee member 7.  PDMR - Executive Committee member 8.  PDMR - Executive Committee member 9.  PDMR - Executive Committee member
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer; emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	The British Land Company PLC
b)	LEI	RV5B68J2GV3QGMRPW209
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of financial instrument, type of financial instrument Identification code	Ordinary shares of 25 pence each GB0001367019
b)	Nature of the transaction	Sale of ordinary shares 25 pence each upon the vesting of conditional share awards made under the Company's Restricted Share Plan.
c)	Price(s) and volume(s)	Price(s) (pence) Volume(s) 1.  511.916 2.  511.916 3.  511.916 4.  511.916 5.  511.916 6.  511.916 7.  511.916 8.  511.916 9.  511.916 1.  14,658 2.  5,178 3.  7,551 4.  6,904 5.  17,988 6.  8,306 7.  8,472 8.  5,178 9.  18,888
d)	Aggregated information -  Aggregated volume -  Price	N/A (single transaction)
e)	Date of the transaction	2021-06-25
f)	Place of the transaction	London Stock Exchange (XLON)

 

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