Director/PDMR Shareholding

RNS Number : 0314H

Land Securities Group PLC

29 July 2019

 

Land Securities Group PLC   

(Company)

Notification of transactions by

Persons Discharging Managerial Responsibilities (PDMRs)

On 26 July 2019, Land Securities Group PLC (Landsec or the Company) was notified of the following transactions in its ordinary shares of 10 2/3p each (Shares) by PDMRs (who are both Executive Directors).

On 25 July 2019, Robert Noel and Martin Greenslade became entitled to the dividend equivalents as set out below taken as Nil Cost Options (Options) pursuant to the Options granted under the Land Securities 2015 Deferred Share Bonus Plans (2015 DSB) on 25 June 2018 following their vesting on 25 June 2019, being accrued within the 2015 DSB on the dividend record date and calculated at the dividend payment date.  The dividend equivalents are in respect of the final dividend for the 2018/19 financial year which was paid to shareholders on 25 July 2019.

1	Details of the person discharging managerial responsibilities
a)	Name	Martin Greenslade
2	Reason for the notification
a)	Position/status	Chief Financial Officer
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	-     Shares
		-     GB00BYW0PQ60
b)	Nature of transaction	Vest of Options (final dividend equivalents) granted under the Company's Deferred Share Bonus Plan on 25 June 2018.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£n/a	295
d)	Aggregated information
	-      Aggregated volume	- £ per share n/a
	-      Price	- Total Price £n/a
e)	Date of the transaction	25/07/2019
f)	Place of the transaction	n/a

1	Details of the person discharging managerial responsibilities
a)	Name	Robert Noel
2	Reason for the notification
a)	Position/status	Chief Executive
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	-     Shares
		-     GB00BYW0PQ60
b)	Nature of transaction	Vest of Options (final dividend equivalents) granted under the Company's Deferred Share Bonus Plan on, 25 June 2018.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£n/a	452
d)	Aggregated information
	-      Aggregated volume	- £ per share n/a
	-      Price	- Total Price £n/a
e)	Date of the transaction	25/07/2019
f)	Place of the transaction	n/a

Enquiries to:  Tim Ashby, Group General Counsel and Company Secretary

Land Securities Group PLC

Tel: [phone]

 

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