Director/PDMR Shareholding

RNS Number : 4801M

British Land Co PLC

16 August 2011

 



SIP Acquisition

Equiniti Share Plan Trustees Limited, Trustees of the British Land SIP, notified the Company on 16 August 2011 that on 15 August 2011 they acquired Partnership and Matching Shares on behalf of the Company's executive directors and persons discharging managerial responsibilities as outlined below.

	Number of Partnership Shares purchased under the SIP at 564.4778 pence per share each	Number of Matching Shares awarded under the SIP
Directors
C M Grigg	22	44
L M Bell	22	44
T A Roberts	22	44
S P Smith	22	44
Persons Discharging Managerial Responsibilities
A Braine	22	44
B T Grose	22	44
J-M Vandevivere	23	46
N M Webb	22	44

Fund Managers Performance Plan Release                             

The Company also announces that it received notification on 15 August 2011 from the Trustees of The British Land Share Ownership Plan (the 'Trust') that on 15 August 2011 the Trust released 2,501 ordinary 25p shares to Ben Grose, a Person Discharging Managerial Responsibilities. This was pursuant to an award made under the Company's Fund Managers Performance Plan (the 'Plan'), on 14 August 2008, which vested on 15 August 2011, in accordance with the Plan's rules.

The Trustees notified the Company that Ben Grose sold all the shares released by the Trust at a price of 561.61 pence per share on 15 August 2011.

Scrip Dividend Acquisition

In accordance with the terms and conditions of the Scrip Dividend Scheme, which was applied to the Company's Fourth Interim Dividend for 2010/11, Lord Turnbull, a director of the Company received 96 shares, at the Scrip Re-investment price of 600.2 pence per share, on 12 August 2011.

 

END

 

 

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