Director/PDMR Shareholding

RNS Number : 5888R

Land Securities Group PLC

30 June 2020

 

Land Securities Group PLC 

Notification of transactions by

Person Discharging Managerial Responsibilities (PDMR)

On 29 June 2020, the PDMR listed below acquired an interest in Options over the Company's Shares following the grant of awards under the Company's 2012 Sharesave Plan (Sharesave). The number of Options were calculated by reference to a price of £5.19p, being the Company's middle market quotation for a Share between Monday 1 June 2020 to Wednesday 3 June 2020, discounted by 20%.

Awards normally vest on the third anniversary of grant.  Subject to continued employment with the Company, the PDMR will become entitled to exercise the Options arising from Sharesave between 1 August 2023 and 31 January 2024 (3 year contract).

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	Ordinary Shares
		GB00BYW0PQ60
b)	Nature of transaction	2020 Award of Sharesave Options over the Company's Shares under the 2012 Sharesave Plan.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£5.19p per share	1,734
d)	Aggregated information
	-  Aggregated volume
	-  Price	Total Price £8,999.46
e)	Date of the transaction	29/06/2020
f)	Place of the transaction	N/A

Enquiries:

Liz Miles

Deputy Company Secretary

Land Securities Group PLC

020 70245280

 

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