REG - British Land Co PLC - Director/PDMR Shareholding

British LandAnnouncement

26/07/2019 10:50

RNS Number : 8804G
British Land Co PLC
26 July 2019
 


Long-Term Incentive Plan ('LTIP') Grant
The British Land Company PLC (the 'Company') announces that on 24 July 2019 conditional awards of the Company's ordinary shares of 25 pence each ('Performance Shares') under the LTIP were granted to Executive Directors and other Persons Discharging Managerial Responsibilities ('PDMRs') as outlined below.
 



Directors


Performance Shares at nil consideration




Chris Grigg


407,923




Simon Carter


233,383














PDMRs


Performance Shares at nil consideration




Emma Cariaga


40,842




Ann Henshaw


42,475




Sally Jones


62,845




David Lockyer


40,842




Brona McKeown


45,824




Roger Madelin


46,741




Darren Richards


62,845




Joff Sharpe


46,741




Nigel Webb


49,078



The above Performance Shares vest on the third anniversary of grant, subject to performance conditions.  Those conditions are based 40% on Total Property Return, 20% on Total Accounting Return and 40% on Total Shareholder Return (20% against a FTSE100 comparator group and 20% against a FTSE350 property comparator group).
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 Identification Code for ordinary shares of 25 pence each in the Company is GB0001367019.



Enquiries








Company Secretariat


0207 486 4466



 




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