REG - British Land Co PLC - Director/PDMR Shareholding

British LandAnnouncement

02/07/2024 12:00

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RNS Number : 7887U  British Land Co PLC  02 July 2024

The British Land Company PLC (the 'Company')

Annual Incentive Plan

In accordance with the Remuneration Policy approved by shareholders on 12 July
2022 ("the Policy"), on 28 June 2024, one third of the cash bonus awarded to
Simon Carter (after the deduction of income tax and employee NIC) was used to
purchase Ordinary Shares of 25 pence each in the Company at a price of 408.6p
per share. These shares must be held for a minimum of three years in
accordance with the Policy.

 

As disclosed on 17 June 2024, Bhavesh Mistry has informed the Board of his
intention to step down as CFO and Executive Director of the Company. As a
result, his bonus in respect of the financial year ended 31 March 2024
disclosed within the 2024 Remuneration Report was not paid to Bhavesh and no
subsequent share purchase was made on his behalf.

 

Details of the purchases referenced above are included below in accordance
with the UK Market Abuse Regulation.

 

 Enquiries:
 Company Secretariat, British Land        020 7486 4466

 

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                               Simon Carter

 2   Reason for the notification
 a)  Position/status                                                    PDMR - Chief Executive Officer

 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  Ordinary shares of 25 pence each

     Identification code

                                                                        GB0001367019

 b)  Nature of the transaction                                          Acquisition of Annual Incentive Shares under the Annual Incentive Plan.

 c)  Price(s) and volume(s)

Price(s) (pence)  Volume(s)
                                                                        408.6             39,450

 
 d)  Aggregated information

     -      Aggregated volume                                           n/a

     -      Price

 e)  Date of the transaction                                            28 June 2024

 f)  Place of the transaction                                           London Stock Exchange (XLON)

 

d)

Aggregated information

-      Aggregated volume

-      Price

 

 

n/a

e)

Date of the transaction

 

28 June 2024

f)

Place of the transaction

 

London Stock Exchange (XLON)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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