Director/PDMR Shareholding

RNS Number : 1827G

Land Securities Group PLC

03 August 2016

 

Land Securities Group PLC    

("Company")  

Notification of transactions by

Persons Discharging Managerial Responsibilities ("PDMRs")

Following receipt of notification from the below named PDMR, the Company provides onward notification of the following share dealing transaction effected on 1 August 2016 by the PDMR relating to their interest in the ordinary shares of nominal value 10p each in the capital of the Company ("Shares").

The transaction arises from the PDMR's acquisition (post exercise of option) and subsequent sale of Shares pursuant to an award granted on 1 August 2013 under the rules of the Company's Savings-Related Share Option Plan which matured on 1 August 2016.

Name (title)	Number of Shares acquired on exercise of option at 792.5p per Share¹	Shares voluntarily sold at 1096p per Share	Shares retained
Colette O'Shea (MD, London Portfolio)	1,135	1,135	-

¹ Satisfied through the allotment of new Shares.

As a result of and including the above transaction, the outstanding aggregate interest in Shares held by the PDMR is as follows:

Name	Interest in Shares under option²	Interest in Shares under long-term incentives³	Shares owned (including those held by connected persons)
Colette O'Shea	1,060	224,037	43,168

² Pursuant to the rules of the Company's Savings-Related Share Option Plan.

³ Pursuant to the rules of the Company's discretionary Long-Term Incentive Plan, Matching Share Plan and Deferred Share Bonus Plan (as applicable).

This notice is given in fulfilment of the Company's obligation under DTR 3.1.2R.  The Company further confirms that the PDMRs notification obligations under the Market Abuse Regulations have been satisfied. 

END

Land Securities contact:

Louise Miller [phone]

Senior Assistant Company Secretary

 

END

 

 

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