Land Securities logo

LAND - Land Securities News Story

601.4p 56.4  10.3%

Last Trade - 1:55pm

Sector
Financials
Size
Large Cap
Market Cap £4.04bn
Enterprise Value £7.85bn
Revenue £748.0m
Position in Universe 155th / 1834

Land Sec. Group PLC - Director/PDMR Shareholding

Mon 29th July, 2019 10:21am
RNS Number : 0314H
Land Securities Group PLC
29 July 2019
 

Land Securities Group PLC   

(Company)

 

Notification of transactions by

Persons Discharging Managerial Responsibilities (PDMRs)

 

On 26 July 2019, Land Securities Group PLC (Landsec or the Company) was notified of the following transactions in its ordinary shares of 10 2/3p each (Shares) by PDMRs (who are both Executive Directors).

 

On 25 July 2019, Robert Noel and Martin Greenslade became entitled to the dividend equivalents as set out below taken as Nil Cost Options (Options) pursuant to the Options granted under the Land Securities 2015 Deferred Share Bonus Plans (2015 DSB) on 25 June 2018 following their vesting on 25 June 2019, being accrued within the 2015 DSB on the dividend record date and calculated at the dividend payment date.  The dividend equivalents are in respect of the final dividend for the 2018/19 financial year which was paid to shareholders on 25 July 2019.

 

                                                               



 

 

 

1

Details of the person discharging managerial responsibilities

a)

Name

 Martin Greenslade

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification/Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 Land Securities Group PLC

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 the financial instrument, type of instrument Identification code

-     Shares


-     GB00BYW0PQ60

b)

Nature of transaction

Vest of Options (final dividend equivalents) granted under the Company's Deferred Share Bonus Plan on 25 June 2018.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)



 £n/a

295

d)

Aggregated information






-      Aggregated volume

- £ per share

n/a


-      Price

 - Total Price £n/a


e)

Date of the transaction

 25/07/2019

f)

Place of the transaction

 n/a

 



 

 

1

Details of the person discharging managerial responsibilities

a)

Name

Robert Noel

2

Reason for the notification

a)

Position/status

Chief Executive

b)

Initial notification/Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 Land Securities Group PLC

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 the financial instrument, type of instrument Identification code

-     Shares


-     GB00BYW0PQ60

b)

Nature of transaction

Vest of Options (final dividend equivalents) granted under the Company's Deferred Share Bonus Plan on, 25 June 2018.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)



 £n/a

452

d)

Aggregated information






-      Aggregated volume

- £ per share

n/a


-      Price

 - Total Price £n/a


e)

Date of the transaction

 25/07/2019

f)

Place of the transaction

 n/a

 

Enquiries to:  Tim Ashby, Group General Counsel and Company Secretary

Land Securities Group PLC

Tel: 020 7024 5256

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DSHKKLBLKDFFBBV
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.