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British Land Co PLC (BLND)

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Tuesday 23 November, 2021

British Land Co PLC

Director/PDMR Shareholding

RNS Number : 3126T
British Land Co PLC
23 November 2021
 

Director/PDMR Shareholding

The British Land Company PLC (the "Company") announces that on 18 November 2021, David Lockyer, a Person Discharging Managerial Responsibilities of the Company, exercised 3,192 options at a price of 451 pence over the Company's ordinary shares of 25 pence each. David subsequently sold 2,943 shares at a price of 531.4 pence to settle tax and national insurance contributions and dealing fees arising from the exercise and retained the balance of 249 shares.  

The options were granted to David on 19 December 2011 under the Company's Long Term Incentive Plan scheme.  

This notification is made in accordance with the requirements of the UK Market Abuse Regulation.

 

 

Enquiries:


 

Company Secretariat



020 7486 4466

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 

David Lockyer

2

Reason for the notification

a)

Position/status

 

PDMR - Executive Committee member

b)

Initial notification/Amendment

 

Initial notification

3

Details of the issuer; emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 

The British Land Company PLC

b)

LEI

 

RV5B68J2GV3QGMRPW209

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 financial instrument, type of financial instrument

 

Identification code

 

Ordinary shares of 25 pence each

 

 

 

GB0001367019

 

b)

Nature of the transaction

 

Exercise of options and subsequent sale

c)

Price(s) and volume(s)

 

 

Nature of transaction

Price(s) (pence)

Volume(s)

Option Exercise

Sale

451.000

531.404

3,192

2,943

 

d)

Aggregated information

-  Aggregated volume

-  Price

 

N/A (single transaction)

e)

Date of the transaction

 

2021-11-18

f)

Place of the transaction

 

Outside a trading venue

 

 

 

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