Director/PDMR Shareholding

British Land Co PLC 31 May 2007 The Company announces that it received notification today from the Trustees of The British Land Share Ownership Plan (the 'Trust') that on 30th May 2007 the Trust purchased 482,677 Ordinary Shares of 25p each of the Company at an average price of £14.19 pence per share. The British Land Share Ownership Plan is a discretionary trust established for the benefit of employees, including executive Directors and Persons Discharging Managerial Responsibilities, of the Company, to facilitate the operation of its share incentive schemes. Directors of the Company and Persons Discharging Managerial Responsibilities, who are participants in these schemes, are consequently considered to be interested in the shares held by the Trust, as discretionary beneficiaries. Also, on 30th May 2007, Andrew Jones, was conditionally awarded a right to receive 83,584 Ordinary Shares of 25p each, at nil consideration, under the Company's Fund Managers Performance Plan. This award will conditionally vest, subject to any 'claw-back' and subject to continued employment, in three equal tranches on the first, second and third anniversaries of grant. In accordance with the rules of the Company's Fund Managers Performance Plan, rights awarded to Andrew Jones over 13,898 Performance Shares and options over 41,693 shares (awarded on 30th May 2006) at an exercise price of 1252p per share and 13,898 options over shares at an exercise price of 1316p per share (awarded on 14th July 2006), under the Company's Long Term Incentive Plan, lapse. 31st May 2007. This information is provided by RNS The company news service from the London Stock Exchange
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