Director/PDMR Shareholding

RNS Number : 4167Z

British Land Co PLC

21 September 2009

 

The British Land Company PLC

21 September 2009

 The Company announces that it received a notification on 18 September 2009 from the Trustees of The British Land Share Ownership Plan (the 'Trust') in respect of releases from the Fund Managers Performance Plan ("FMPP") and the Matching Share Plan ("MSP") to Executive Directors and Persons Discharging Managerial Responsibilities of the Company ('PDMR').

FMPP Vesting

On 18 September 2009 the Trust released 207,130 ordinary 25p shares of the Company to participants in the Company's Fund Managers' Performance Plan, pursuant to awards made on 14 July 2006 and 14 August 2008 as shown below:

.

	Grant Date	Shares Released	Number of shares sold	Number of Shares Retained	Date of Sale	Sale Price
DIRECTOR
Andrew Jones	14/07/2006	68,765	68,765	-	18/09/2009	£5.1276
Andrew Jones	14/08/2008	8,336	8,336	-	18/09/2009	£5.1276
PDMR
Valentine Beresford	14/07/2006	61,889	61,889	-	18/09/2009	£5.1276
Valentine Beresford	14/08/2008	2,083	2,083	-	18/09/2009	£5.1276
Mark Stirling	14/07/2006	61,889	61,889	-	18/09/2009	£5.1276
Mark Stirling	14/08/2008	4,168	4,168	-	18/09/2009	£5.1276
		207,130	207,130

MSP vesting

On 18 September 2009 the Trust released 60,310 ordinary 25p shares of the Company to participants in the Company's Matching Share Plan, pursuant to an award made on 14 July 2006 following the employees' purchases of shares as shown below:

		Grant Date	Shares Released	Number of shares sold	Number of Shares Retained	Date of Sale	Sale Price
DIRECTOR
Andrew Jones	Own shares	14/07/2006	4,238	4,238	-	18/09/2009	£5.1276
	Matching Shares	14/07/2006	14,584	14,584	-	18/09/2009	£5.1276
Graham Roberts	Own shares	14/07/2006	4,350	4,350	-	18/09/2009	£5.1276
	Matching Shares	14/07/2006	14,974	14,974	-	18/09/2009	£5.1276
Timothy Roberts	Own shares	14/07/2006	3,767	-	3,767	18/09/2009	£5.1276
	Matching Shares	14/07/2006	12,966	5,336	7,630	18/09/2009	£5.1276
PDMR
Peter Clarke	Own shares	14/07/2006	1,223	1,223	-	18/09/2009	£5.1276
Peter Clarke	Matching Shares	14/07/2006	4,208	4,208	-	18/09/2009	£5.1276
			60,310	48,913	11,397

Sale of shares

The British Land Company PLC announces that it received notification on 18 September 2009 of the following transaction by a director in the Company's ordinary shares of 25p.

Graham Roberts, on 18 September, sold 10,000 shares at a price of 506 pence per share. 

All sales took place in the United Kingdom.

 

END

 

 

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