Director/PDMR Shareholding

RNS Number : 4313S

British Land Co PLC

08 July 2020

 

Save As You Earn ("SAYE") Option Scheme

The British Land Company PLC (the "Company") announces that Emma Cariaga, Stacey Clark, Ann Henshaw and David Lockyer (each a Person Discharging Managerial Responsibilities of the Company) were granted options over the Company's ordinary shares of 25 pence each under the Company's SAYE Option Scheme on 7 July 2020, as detailed in the table below:

	Options granted	Option price (pence)	SAYE contract commences	Option exercise period commences
Emma Cariaga	3,750	336	1 September 2020	1 September 2023
Stacey Clark	5,357	336	1 September 2020	1 September 2023
Ann Henshaw	5,357	336	1 September 2020	1 September 2023
David Lockyer	6,250	336	1 September 2020	1 September 2025

The permitted exercise period for SAYE options is six months, commencing on the dates listed above. No consideration was paid for the grant of these options.

These transactions took place outside a trading venue.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	1.  Emma Cariaga 2.  Stacey Clark 3.  Ann Henshaw 4.  David Lockyer
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
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	Grant of options under the Save As You Earn Option Scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.  Nil 2.  Nil 3.  Nil 4.  Nil 1.  3,750 2.  5,357 3.  5,357 4.  6,250
d)	Aggregated information -  Aggregated volume -  Price	N/A (single transaction)
e)	Date of the transaction	2020-07-07
f)	Place of the transaction	Outside 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, British Land	020 7486 4466

 

END

 

 

DSHLVLFBBDLZBBB