Director/PDMR Shareholding

RNS Number : 6535J

British Land Co PLC

01 April 2010

 



The British Land Company PLC ("the Company") announces that on 31 March 2010, it made a conditional Award of 85,328 ordinary shares of 25p to Stephen Smith, under the Company's Stephen Smith 2010 Co-Investment Share Plan ("the Plan"). 

The Award of shares will vest, without payment, on 4 January 2013 (the third anniversary of the commencement of Mr. Smith's employment with the Company), subject to satisfying the conditions of the Plan.  These include achievement of performance targets measured against Net Asset Value per share growth and Total Return; Mr. Smith remaining in service with the Company and him retaining his 85,328 shares, acquired on 6 January 2010, until the vesting date.

 

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