Director/PDMR Shareholding

RNS Number : 1116R

Land Securities Group PLC

25 June 2020

 

Land Securities Group PLC 

(Company)

Notification of transactions by

Persons Discharging Managerial Responsibilities (PDMRs)

On 25 June 2020, Land Securities Group PLC (Landsec or the Company) was notified of the following transactions in its ordinary shares of 10 2/3p each (Shares) by two PDMRs (who are both Executive Directors).

On 25 June 2020, Nil Cost Options (Options) granted under the Company's Deferred Share Bonus Plans (DSB) on 25 June 2019 to the PDMRs listed below vested and are exercisable between 25 June 2020 and 24 June 2024.  

This amount includes dividend equivalents accrued during the holding period.

The LTIP awards granted on 26 June 2017 did not meet the performance conditions and lapsed in full for all participants. 

1	Details of the person discharging managerial responsibilities
a)	Name	Martin Greenslade
2	Reason for the notification
a)	Position/status	Chief Financial Officer
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	-  Shares
		-  GB00BYW0PQ60
b)	Nature of transaction	Vest of Options granted under the Company's Deferred Share Bonus Plan on 25 June 2019.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		n/a	16,743
d)	Aggregated information
	-  Aggregated volume	- £ per share n/a
	-  Price	- Total Price £n/a
e)	Date of the transaction	25/06/2020
f)	Place of the transaction	n/a

1	Details of the person discharging managerial responsibilities
a)	Name	Colette O'Shea
2	Reason for the notification
a)	Position/status	Managing Director, 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	-  Shares
		-  GB00BYW0PQ60
b)	Nature of transaction	Vest of Options granted under the Company's Deferred Share Bonus Plan on 25 June 2019.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		n/a	15,193
d)	Aggregated information
	-  Aggregated volume	- £ per share n/a
	-  Price	- Total Price £n/a
e)	Date of the transaction	25/06/2020
f)	Place of the transaction	n/a

For further information, please contact:

Land Securities Group PLC 

Tim Ashby

Group General Counsel & Company Secretary

Tel: [phone]

 

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