REG - British Land Co PLC - Director/PDMR Shareholding

British LandAnnouncement

Tue 15:00

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RNS Number : 2267O  British Land Co PLC  24 June 2025

Long-Term Incentive Plan ('LTIP') Grant

The British Land Company PLC (the 'Company') announces that on 23 June 2025,
conditional awards of ordinary shares of 25p each in the Company were granted
to Executive Directors and other Persons Discharging Managerial
Responsibilities ('PDMRs') under the LTIP as outlined below (the 'Performance
Shares').

 

                      Performance Shares at nil consideration
 Executive Directors
 Simon Carter         515,160
 David Walker         317,250
 PDMRs
 Emma Cariaga         147,294
 Kelly Cleveland      181,286
 David Lockyer        169,955
 Brona McKeown        148,531
 Roger Madelin        137,566

The above Performance Shares conditionally vest on the third anniversary of
grant, subject to performance conditions. Those conditions are based 50% on
Total Accounting Return, 25% on Total Shareholder Return, and 25% on
Environmental, Social, Governance measures. A two-year post-vesting holding
period applies to any shares vesting for Executive Directors. A full
description of the performance conditions attached to the awards is contained
within the 2025 Directors' Remuneration Report.

These transactions took place outside of a trading venue.

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

                                                                        2.   Emma Cariaga

                                                                        3.   Kelly Cleveland

                                                                        4.   David Lockyer

                                                                        5.   Brona McKeown

                                                                        6.   Roger Madelin

                                                                        7.   David Walker
 2   Reason for the notification
 a)  Position/status                                                    1.   PDMR - Chief Executive Officer

                                                                        2.   PDMR - Executive Committee member

                                                                        3.   PDMR - Executive Committee member

                                                                        4.   PDMR - Executive Committee member

                                                                        5.   PDMR - Executive Committee member

                                                                        6.   PDMR - Executive Committee member

                                                                        7.   PDMR - Chief Financial 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                                          Grant of conditional Performance Share Award under the Long-Term Incentive

                                                                  Plan scheme

 c)  Price(s) and volume(s)

Price(s) (pence)  Volume(s)
                                                                        1.   Nil          1.   515,160

                                                                        2.   Nil          2.   147,294

                                                                        3.   Nil          3.   181,286

                                                                        4.   Nil          4.   169,955

                                                                        5.   Nil          5.   148,531

                                                                        6.   Nil          6.   137,566

                                                                        7.   Nil          7.   317,250
 d)  Aggregated information

     -      Aggregated volume                                           N/A (single transaction)

     -      Price

 e)  Date of the transaction                                            2025-06-23

 f)  Place of the transaction                                           Outside of a trading venue

d)

Aggregated information

-      Aggregated volume

-      Price

 

 

N/A (single transaction)

e)

Date of the transaction

 

2025-06-23

f)

Place of the transaction

 

Outside of a trading venue

This notification is made in accordance with the requirements of the UK 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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