Director/PDMR Shareholding
RNS Number : 7183IBritish Land Co PLC17 June 2026The British Land Company plc (the "Company")
Restricted Share Plan and Long-Term Incentive Plan Vesting
On 15 June 2026, conditional awards over Ordinary Shares of 25 pence each in the Company, granted on 15 June 2023 under the Company's Restricted Share Plan ("RSP") and Long-Term Incentive Plan ("LTIP"), vested. The awards granted under the RSP were not subject to performance conditions and vested in full. The awards granted under the LTIP vested at a rate of 54% following the partial satisfaction of the applicable performance conditions.
Details of subsequent sales by Persons Discharging Managerial Responsibilities ("PDMRs") following the vesting of the awards are set out below. Where shares were retained, the number of shares sold were to satisfy tax, national insurance and associated dealing fees arising on vesting. The shares retained by David Walker must be held for at least two years.
Name of PDMR
Number of shares that vested under the RSP
Number of shares that vested under the LTIP
Number of shares sold
Number of shares retained
Emma Cariaga
-
86,391
86,391
-
Kelly Cleveland
-
86,391
40,686
45,705
David Lockyer
-
86,671
86,671
-
Brona McKeown
-
88,959
41,895
47,064
David Walker
-
76,885
36,209
40,676
Michael Wiseman
29,585
-
29,585
-
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. Kelly Cleveland
3. David Lockyer
4. Brona McKeown
5. David Walker
6. Michael Wiseman
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
5. PDMR - Chief Financial Officer
6. 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
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. 419.76
2. 419.76
3. 419.76
4. 419.76
5. 419.76
6. 419.76
1. 86,391
2. 40,686
3. 86,671
4. 41,895
5. 36,209
6. 29,585
d)
Aggregated information
- Aggregated volume
- Price
N/A (single transaction)
e)
Date of the transaction
2026-06-15
f)
Place of the transaction
London Stock Exchange (XLON)
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