Director/PDMR Shareholding

RNS Number : 6274N

Land Securities Group PLC

10 August 2017

 

Land Securities Group PLC   

("Company")

Notification of transactions by

Persons Discharging Managerial Responsibilities ("PDMRs")

On 9 August 2017, the Company received a notice of exercise of nil cost options granted under the Company's 2015 and 2016 deferred share bonus plans and 2014 LTIP and LTIP Match Plan, by Scott Parsons, Managing Director, Retail Portfolio. Such notice of exercise related to options/awards over a total of 47,044 ordinary shares of 10p each in the Company. As a result of the exercise, 47,044 ordinary shares were issued to Scott Parsons on 9 August 2017, of which 24,888 have been retained.

1	Details of the person discharging managerial responsibilities
a)	Name	Scott Parsons
2	Reason for the notification
a)	Position/status	Managing Director, Retail Portfolio
b)	Initial notification/Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Land Securities Group PLC
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 the financial instrument, type of instrument Identification code	-     Ordinary Shares
		-     GB0031809436
b)	Nature of transaction	Exercise and retention of 2015 Deferred Share Bonus Options.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	3,784
d)	Aggregated information
	-      Aggregated volume
	-      Price	Nil	3,784
e)	Date of the transaction	09/08/2017
f)	Place of the transaction	N/A

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 the financial instrument, type of instrument Identification code	Ordinary Shares
		-     GB0031809436
b)	Nature of transaction	Exercise and sale of 2015 Deferred Share Bonus Options.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£10.17	3,370
d)	Aggregated information
	-      Aggregated volume		3,370
	-      Price	Total price £34,272.90
e)	Date of the transaction	09/08/2017
f)	Place of the transaction	London Stock Exchange
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 the financial instrument, type of instrument Identification code	Ordinary Shares
		-     GB0031809436
b)	Nature of transaction	Exercise and retention of 2016 Deferred Share Bonus Options.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	3,283
d)	Aggregated information
	-      Aggregated volume
	-      Price	Nil	3,283
e)	Date of the transaction	09/08/2017
f)	Place of the transaction	N/A
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 the financial instrument, type of instrument Identification code	Ordinary Shares
		-     GB0031809436
b)	Nature of transaction	Exercise and sale of 2016 Deferred Share Bonus Options.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£10.17	2,922
d)	Aggregated information
	-      Aggregated volume		2,922
	-      Price	Total price £29,716.74
e)	Date of the transaction	09/08/2017
f)	Place of the transaction	London Stock Exchange
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 the financial instrument, type of instrument Identification code	Ordinary Shares
		-     GB0031809436
b)	Nature of transaction	Exercise and retention of 2014 LTIP Award Options
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	11,138
d)	Aggregated information
	-      Aggregated volume		11,138
	-      Price	Nil
e)	Date of the transaction	09/08/2017
f)	Place of the transaction	N/A
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 the financial instrument, type of instrument Identification code	Ordinary Shares
		-     GB0031809436
b)	Nature of transaction	Exercise and sale of 2014 LTIP Award Options.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£10.17	9,915
d)	Aggregated information
	-      Aggregated volume		9,915
	-      Price	Total price £100,835.55
e)	Date of the transaction	09/08/2017
f)	Place of the transaction	London Stock Exchange
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 the financial instrument, type of instrument Identification code	Ordinary Shares
		-     GB0031809436
b)	Nature of transaction	Exercise and retention of 2014 LTIP Matching Award
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	6,683
d)	Aggregated information
	-      Aggregated volume		6,683
	-      Price	Nil
e)	Date of the transaction	09/08/2017
f)	Place of the transaction	N/A
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 the financial instrument, type of instrument Identification code	Ordinary Shares
		-     GB0031809436
b)	Nature of transaction	Exercise and sale of 2014 LTIP Matching Award
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£10.17	5,949
d)	Aggregated information
	-      Aggregated volume		5,949
	-      Price	Total price £60,501.33
e)	Date of the transaction	09/08/2017
f)	Place of the transaction	London Stock Exchange

On 1 August 2017, the Company received a notice of exercise of nil cost options granted under the Company's 2015 and 2016 deferred share bonus plans and 2014 LTIP and LTIP match plan, by Colette O'Shea, Managing Director, London Portfolio. Such notice of exercise related to options/awards over a total of 50,094 ordinary shares of 10p each in the Company. As a result of the exercise, 50,094 ordinary shares were issued to Colette O'Shea on 1 August 2017, of which 26,502 have been retained.

1	Details of the person discharging managerial responsibilities
a)	Name	Colette O'Shea
2	Reason for the notification
a)	Position/status	Managing Director, London Portfolio
b)	Initial notification/Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Land Securities Group PLC
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 the financial instrument, type of instrument Identification code	-     Ordinary Shares
		-     GB0031809436
b)	Nature of transaction	Exercise and retention of 2015 Deferred Share Bonus Options.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	4099
d)	Aggregated information
	-      Aggregated volume		4,099
	-      Price	Nil
e)	Date of the transaction	01/08/2017
f)	Place of the transaction	N/A
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 the financial instrument, type of instrument Identification code	Ordinary Shares
		-     GB0031809436
b)	Nature of transaction	Exercise and sale of 2015 Deferred Share Bonus Options.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£10.22	3,649
d)	Aggregated information
	-      Aggregated volume		3,649
	-      Price	Total price £37,292.78
e)	Date of the transaction	01/08/2017
f)	Place of the transaction	London Stock Exchange
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 the financial instrument, type of instrument Identification code	Ordinary Shares
		-     GB0031809436
b)	Nature of transaction	Exercise and retention of 2016 Deferred Share Bonus Options.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	4,582
d)	Aggregated information
	-      Aggregated volume		4,582
	-      Price	Nil
e)	Date of the transaction	01/08/2017
f)	Place of the transaction	N/A
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 the financial instrument, type of instrument Identification code	Ordinary Shares
		-     GB0031809436
b)	Nature of transaction	Exercise and sale of 2016 Deferred Share Bonus Options.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£10.22	4,079
d)	Aggregated information
	-      Aggregated volume		4,079
	-      Price	Total price £41,687.38
e)	Date of the transaction	01/08/2017
f)	Place of the transaction	London Stock Exchange
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 the financial instrument, type of instrument Identification code	Ordinary Shares
		-     GB0031809436
b)	Nature of transaction	Exercise and retention of 2014 LTIP Award Options
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	11,138
d)	Aggregated information
	-      Aggregated volume		11,138
	-      Price	Nil
e)	Date of the transaction	01/08/2017
f)	Place of the transaction	N/A
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 the financial instrument, type of instrument Identification code	Ordinary Shares
		-     GB0031809436
b)	Nature of transaction	Exercise and sale of 2014 LTIP Award Options.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£10.22	9,915
d)	Aggregated information
	-      Aggregated volume		9,915
	-      Price	Total price £101,331.30
e)	Date of the transaction	01/08/2017
f)	Place of the transaction	London Stock Exchange
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 the financial instrument, type of instrument Identification code	Ordinary Shares
		-     GB0031809436
b)	Nature of transaction	Exercise and retention of 2014 LTIP Matching Award
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	6,683
d)	Aggregated information
	-      Aggregated volume		6,683
	-      Price	Nil
e)	Date of the transaction	01/08/2017
f)	Place of the transaction	N/A
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 the financial instrument, type of instrument Identification code	Ordinary Shares
		-     GB0031809436
b)	Nature of transaction	Exercise and sale of 2014 LTIP Matching Award
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£10.22	5,949
d)	Aggregated information
	-      Aggregated volume		5,949
	-      Price	Total price £60,798.78
e)	Date of the transaction	01/08/2017
f)	Place of the transaction	London Stock Exchange

Enquiries to:
Liz Miles, Deputy Company Secretary
Land Securities Group PLC
Tel: [phone]

 

END

 

 

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