REG - British Land Co PLC - Director/PDMR Shareholding

British LandAnnouncement

26/06/2018 17:20

RNS Number : 6660S
British Land Co PLC
26 June 2018
 


Long-Term Incentive Plan ('LTIP') Grant and Restricted Share Plan ('RSP') Award
The British Land Company PLC (the 'Company') announces that on 26 June 2018:
·     under the LTIP, conditional awards of the Company's ordinary shares of 25 pence each ('Performance Shares') and conditional awards of options ('Options') over the Company's Shares were granted to Executive Directors and other Persons Discharging Managerial Responsibilities ('PDMRs'); and
·     under the RSP, conditional awards ('Restricted Shares') of the Company's ordinary shares of 25 pence each were awarded to PDMRs
as outlined below.
 




 


Performance Shares at nil consideration


Options at 682.2 pence per Share


 




Directors


 


 




Chris Grigg


313,984


-


 




Simon Carter


177,733


-


 




Charles Maudsley


166,804


-


 




Tim Roberts


166,804


-


 




 


 


 


 




 


Performance Shares at nil consideration


Options at 682.2 pence per Share


Restricted Shares




PDMRs


 


 




Ann Henshaw


32,065


-


16,032




Sally Jones


35,977


-


17,988




Brona McKeown


35,271


-


17,635




Roger Madelin


23,986


47,965


17,988




Darren Richards


26,983


35,977


17,988




Joff Sharpe


35,977


-


17,988




Nigel Webb


37,776


-


18,888




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 682.2 pence per share. No consideration was paid for the grant of these awards.
The Restricted Shares conditionally vest on the third anniversary of the award.  No performance conditions attach to the Restricted Shares
These transactions took place outside of a trading venue.
In addition, in line with the disclosure in the 2018 Directors' Remuneration Report, on 22 June 2018 the Company conditionally awarded Simon Carter 86,196 ordinary shares of 25 pence each.  No consideration was paid for the grant of this award.
This notification is made in accordance with the requirements of the EU Market Abuse Regulation.  The Identification Code for ordinary shares of 25 pence each in the Company is GB0001367019.




  Enquiries


 




  Company Secretariat


0207 486 4466




 




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