Director/PDMR Shareholding

RNS Number : 0909C
British Land Co PLC
23 June 2016
 

Long-Term Incentive Plan ("LTIP") Grant

The British Land Company PLC (the 'Company') announces that conditional awards of the Company's ordinary shares of 25 pence each ('Shares') and conditional awards of options over the Company's Shares were granted to Executive Directors and Persons Discharging Managerial Responsibilities ('PDMRs') on 22 June 2016 under the Company's LTIP, as outlined below.

 

Performance shares at nil consideration

Options at 730.5 pence

Directors

Chris Grigg

229,979

-

Lucinda Bell

134,976

-

Charles Maudsley

122,176

-

Tim Roberts

61,088

244,353

PDMRs

Sally Jones

47,227

-

Roger Madelin

28,234

112,936

Darren Richards

47,227

-

Joff Sharpe

56,288

-

Nigel Webb

38,539

83,008

Elaine Williams

33,059

56,673

The above performance shares conditionally vest on the third anniversary of grant. The above options are conditionally exercisable from the third until the tenth anniversary of grant. The LTIP option exercise price is 730.5 pence per share. No consideration was paid for the grant of these awards.

The LTIP awards were granted in London. This notification is made in accordance with the requirements of DTR 3.1.4 R

Enquiries:

 

 

Company Secretariat, British Land

020 7486 4466

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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