REG - British Land Co PLC - Director/PDMR Shareholding

British LandAnnouncement

23/07/2025 14:45

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RNS Number : 2835S  British Land Co PLC  23 July 2025

The British Land Company plc (the "Company")

Long-Term Incentive Plan Vesting

On 21 July 2025 conditional awards of Ordinary Shares of 25 pence each in the
Company, that were granted on 19 July 2022 under the Company's Long-Term
Incentive Plan ("LTIP"), vested. The awards granted under the LTIP vested at a
rate of 50% following the partial satisfaction of performance conditions that
were attached to them.

Subsequent sales were made by Persons Discharging Managerial Responsibilities
("PDMRs") upon the awards' vesting are detailed below. Where shares were
retained, the number of shares sold was to satisfy tax, national insurance and
associated dealing fees arising on the vesting. Where no shares were sold,
tax, national insurance and associated dealing fees have been settled
privately. The shares retained by Simon Carter and David Walker must be held
for at least two years.

 

 Name of PDMR     Number of shares that vested under the LTIP  Number of shares sold  Number of shares retained
 Emma Cariaga     57,556                                       57,556                 -
 Simon Carter     205,560                                      96,808                 108,752
 Kelly Cleveland  52,760                                       -                      52,760
 David Lockyer    55,638                                       55,638                 -
 Roger Madelin    56,538                                       56,538                 -
 Brona McKeown    59,267                                       27,912                 31,355
 David Walker     49,403                                       23,267                 26,136

 

This disclosure is made in accordance with the UK Market Abuse Regulation.

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                               1.    Emma Cariaga

                                                                        2.    Simon Carter

                                                                        3.    David Lockyer

                                                                        4.    Roger Madelin

                                                                        5.    Brona McKeown

                                                                        6.    David Walker
 2   Reason for the notification
 a)  Position/status                                                    1.    PDMR - Executive Committee member

                                                                        2.    PDMR - Chief Executive Officer

                                                                        3.    PDMR - Executive Committee member

                                                                        4.    PDMR - Executive Committee member

                                                                        5.    PDMR - Executive Committee member

                                                                        6.    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                                          Sale of ordinary shares of 25 pence each upon the vesting of conditional share

                                                                  awards

 c)  Price(s) and volume(s)

Price(s) (pence)  Volume(s)
                                                                        1.    358.48      1.    57,556

                                                                        2.    358.48      2.    96,808

                                                                        3.    358.48      3.    55,638

                                                                        4.    358.48      4.    56,538

                                                                        5.    358.48      5.    27,912

                                                                        6.    358.48      6.    23,267

 
 d)  Aggregated information                                             N/A (single transaction)

     -      Aggregated volume

     -      Price
 e)  Date of the transaction                                            2025-07-21

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

 

d)

Aggregated information

-      Aggregated volume

-      Price

N/A (single transaction)

e)

Date of the transaction

 

2025-07-21

f)

Place of the transaction

 

London Stock Exchange (XLON)

 

 

 

 

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