British Land Co PLC
15 November 2005
Notification of monthly investment in the British Land Share Incentive Plan
('SIP')
Hill Samuel ESOP Trustees Limited (the 'Trustees'), Trustees of the British Land
SIP, have notified the Company that they purchased on 14th November 2005 a total
of 6,234 ordinary 25p shares at a price of £9.80 per share under the
'Partnership' and 'Matching' element of the Company's SIP. Under the terms of
the SIP each eligible participating employee can contribute from monthly salary
to purchase 'Partnership Shares', and the Company matches this by awarding two
'Matching Shares' for every one 'Partnership Share' purchased by participating
employees. The SIP has been approved by the Inland Revenue as a share incentive
plan under Schedule 8 of the Finance Act 2000.
As participants in the SIP the executive directors and the persons discharging
managerial responsibilities named below are deemed to have an interest in the
shares held by the Trustees.
The Company also received notification from the Trustees, that of the above
shares acquired by the Trustees, the shares purchased on behalf of the Company's
executive directors and persons discharging managerial responsibilities were as
follows:
Number of Partnership Shares Number of Matching Shares
acquired under the SIP acquired under the SIP
Directors
J H Ritblat 12 24
J H Weston Smith 12 24
R E Bowden 12 24
G C Roberts 12 24
Persons Discharging Managerial Responsibilities
T A Roberts 12 24
A Braine 12 24
P Clarke 12 24
15th November 2005.
This information is provided by RNS
The company news service from the London Stock Exchange
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