RNS Number : 3814U
British Land Co PLC
02 December 2021
Director/PDMR Shareholding
The British Land Company PLC (the "Company") announces that on 29 November 2021, Kelly Cleveland, a Person Discharging Managerial Responsibilities of the Company, exercised 4,434 options at a price of 451 pence over the Company's ordinary shares of 25 pence each. Kelly subsequently sold 3,788 shares at a price of 529.1 pence to settle dealing fees arising from the exercise and retained the balance of 646 shares.
The options were granted to Kelly 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.
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Enquiries:
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Company Secretariat
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020 7486 4466
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1
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Details of the person discharging managerial responsibilities/person closely associated
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a)
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Name
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Kelly Cleveland
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2
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Reason for the notification
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a)
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Position/status
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PDMR - Executive Committee member
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b)
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Initial notification/Amendment
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Initial notification
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3
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Details of the issuer; emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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The British Land Company PLC
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b)
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LEI
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RV5B68J2GV3QGMRPW209
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4
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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
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a)
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Description of financial instrument, type of financial instrument
Identification code
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Ordinary shares of 25 pence each
GB0001367019
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b)
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Nature of the transaction
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Exercise of options and subsequent sale
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c)
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Price(s) and volume(s)
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Nature of transaction
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Price(s) (pence)
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Volume(s)
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Option Exercise
Sale
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451.0
529.1
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4,434
3,788
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d)
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Aggregated information
- Aggregated volume
- Price
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N/A (single transaction)
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e)
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Date of the transaction
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2021-11-29
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f)
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Place of the transaction
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Outside a trading venue
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