Land Securities Group Plc
01 August 2007
Land Securities Group plc
Announcement to a Regulatory Information Service
Share Purchases
On 31 July 2007, the following executive directors of the Company purchased
through the London Stock Exchange ordinary shares of 10 pence each in the
Company as follows:
Executive Director Number of shares Purchase Price
purchased per share
Richard Akers 592 £ 16.947259
Francis Salway 1,629 £ 16.947259
Matching LTIP Awards
In connection with the above share purchases and the pledging of previously
acquired shares, on 31 July 2007 the following executive directors of the
Company were granted awards entitling them to acquire ordinary shares of 10
pence in the Company under the Land Securities 2005 Long Term Incentive Plan,
being Matching LTIP Awards as defined in the Plan as follows:
Executive Director Number of shares covered
by Matching LTIP Award
Richard Akers 19,004
Ian Ellis 20,652
Martin Greenslade 20,726
Michael Hussey 24,462
Francis Salway 30,960
The awards will normally vest on the third anniversary of the grant date,
subject to continued employment and, in the meeting of earnings per share growth
and total property return index performance conditions.
No consideration was paid for the grant of the Matching LTIP Awards and no
payment is due on the vesting and exercise of these awards.
Further information
The above notifications are made in accordance with DTR 3.1.4R(1)(a)
Name of contact and telephone number for queries: Christine Shaw, Assistant
Company Secretary 0207 024 5230
For and on behalf of Land Securities Group plc.
Date: 1st August 2007
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.