Land Securities Group PLC (the "Company")
Directors' shareholdings
2 July 2012
Ordinary shares of 10p each ("Shares")
The Company announces the vesting on 29 June 2012 of Long Term Incentive Plan Awards awarded on 29 June 2009. Following sales to meet PAYE tax and National Insurance liabilities, the following net number of shares were transferred to be beneficially held by the Directors:
Director Number of shares
Richard Akers 32,652
Martin Greenslade 36,257
The Company further announces that, following the vesting of a conditional share award on 29 June 2012, the Company purchased 80,000 shares on behalf of Robert Noel at a price of 743.67p. 41,600 shares were sold at this price to meet the PAYE tax and National Insurance liability. The balance, 38,400 shares, was transferred to be beneficially held by Mr Noel.
Following the above transactions, the aforementioned Directors' beneficial holdings were as follows:
Richard Akers 557,099
Martin Greenslade 540,635
Robert Noel 357,942
Phil Higgins, Deputy Secretary
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