Director/PDMR Shareholding

RNS Number : 6318J

Land Securities Group Plc

01 July 2011

 



Land Securities Group PLC (the "Company")

Directors' shareholdings

1 July 2011

Ordinary shares of 10p each ("Shares")

The Company announces the following awards to Directors on 29 June 2011 under the 2005 Long Term Incentive Plan and the 2009 Deferred Share Bonus Plan:

Director:                      LTIP Shares Awarded           Deferred Bonus Shares Awarded

Richard Akers                                     45,921                         10,271

Martin Greenslade                               51,359                           9,546

Francis Salway                                   79,154                         16,918

Robert Noel                                         49,305                           9,909

In addition, following the vesting of a conditional share award on 30 June 2011, the Company purchased 46,000 shares on behalf of Robert Noel at a price of 841.5 pence per share.  Of these shares, 23,920 were sold at this price to meet the PAYE tax and National Insurance liability and 22,080 were transferred to be beneficially held by Mr Noel.

Following the above transactions, the aforementioned Directors' beneficial holdings were as follows:

Richard Akers                                     599,960

Martin Greenslade                               590,222

Francis Salway                                1,018,488

Robert Noel                                         344,011

Phil Higgins, Deputy Secretary

0207 024 5219

 

END

 

 

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