REG - British Land Co PLC - Director/PDMR Shareholding

British LandAnnouncement

08/07/2020 13:45

RNS Number : 4313S
  
British Land Co PLC
  
08 July 2020
  
 

Save As You Earn ("SAYE") Option Scheme
 
The British Land Company PLC (the "Company") announces that Emma Cariaga, Stacey Clark, Ann Henshaw and David Lockyer (each a Person Discharging Managerial Responsibilities of the Company) were granted options over the Company's ordinary shares of 25 pence each under the Company's SAYE Option Scheme on 7 July 2020, as detailed in the table below:
 







Options granted


Option price (pence)


SAYE contract commences


Option exercise period commences




Emma Cariaga


3,750


336


1 September 2020


1 September 2023




Stacey Clark


5,357


336


1 September 2020


1 September 2023




Ann Henshaw


5,357


336


1 September 2020


1 September 2023




David Lockyer


6,250


336


1 September 2020


1 September 2025



 
The permitted exercise period for SAYE options is six months, commencing on the dates listed above. No consideration was paid for the grant of these options.
 
These transactions took place outside a trading venue.
 
 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name
 


1.    Emma Cariaga
2.    Stacey Clark
3.    Ann Henshaw
4.    David Lockyer
 




2


Reason for the notification




a)


Position/status
 


1.    PDMR - Executive Committee member
2.    PDMR - Executive Committee member
3.    PDMR - Executive Committee member
4.    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
 


Grant of options under the Save As You Earn Option Scheme
 




c)


Price(s) and volume(s)
 


 



Price(s)


Volume(s)




1.    Nil
2.    Nil
3.    Nil
4.    Nil


1.    3,750
2.    5,357
3.    5,357
4.    6,250



 




d)


Aggregated information
-      Aggregated volume
-      Price
 


 
N/A (single transaction)




e)


Date of the transaction
 


2020-07-07




f)


Place of the transaction
 


Outside 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, British Land


020 7486 4466



 


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