Director/PDMR Shareholding

RNS Number : 3126T

British Land Co PLC

23 November 2021

 

Director/PDMR Shareholding

The British Land Company PLC (the "Company") announces that on 18 November 2021, David Lockyer, a Person Discharging Managerial Responsibilities of the Company, exercised 3,192 options at a price of 451 pence over the Company's ordinary shares of 25 pence each. David subsequently sold 2,943 shares at a price of 531.4 pence to settle tax and national insurance contributions and dealing fees arising from the exercise and retained the balance of 249 shares.  

The options were granted to David on 19 December 2011 under the Company's Long Term Incentive Plan scheme.  

This notification is made in accordance with the requirements of the UK Market Abuse Regulation.

Enquiries:
Company Secretariat			020 7486 4466
1		Details of the person discharging managerial responsibilities/person closely associated
a)		Name	David Lockyer
2		Reason for the notification
a)		Position/status	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	Exercise of options and subsequent sale
c)		Price(s) and volume(s)	Nature of transaction Price(s) (pence) Volume(s) Option Exercise Sale 451.000 531.404 3,192 2,943
d)		Aggregated information -  Aggregated volume -  Price	N/A (single transaction)
e)		Date of the transaction	2021-11-18
f)		Place of the transaction	Outside a trading venue

 

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