REG - British Land Co PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">BLND.L</Origin>

British LandAnnouncement

29/06/2017 08:45

RNS Number : 5609J
British Land Co PLC
29 June 2017
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 28 June 2017 under the LTIP, as outlined below.
Performance Shares at nil consideration
Options at 617.167 pence per Share
Directors
Chris Grigg
340,264
Lucinda Bell
199,702
Charles Maudsley
180,765
Tim Roberts
180,765
PDMRs
Sally Jones
70,888
Roger Madelin
38,988
155,954
Darren Richards
38,988
155,954
Joff Sharpe
77,729
Nigel Webb
81,876
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 617.167 pence per share. No consideration was paid for the grant of these awards.
These transactions took place outside of a trading venue
This notification is made in accordance with the requirements of the EU Market Abuse Regulation. The Company's Legal Entity Identifier Code is RV5B68J2GV3QGMRPW209. The Identification Code for ordinary shares of 25 pence each in the Company is GB0001367019.
Enquiries:
Bruce James
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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