REG - Land Sec. Group PLC - Director/PDMR Shareholding
RNS Number : 8330JLand Securities Group PLC21 August 2019Land Securities Group PLC
(Company)
Notification of transactions by
Persons Discharging Managerial Responsibilities (PDMRs)
On 21 August 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).
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
Acquisition of Shares in the Company following the exercise of Options granted under the Company's 2015 Deferred Share Bonus Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£n/a
33,157
d)
Aggregated information
- Aggregated volume
- £ per share
n/a
- Price
- Total Price £n/a
e)
Date of the transaction
21/08/2019
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
Sell Ordinary Shares in the Company ("Shares") to cover tax liability as a result of exercising the options set out above.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£7.492
15,616
d)
Aggregated information
- Aggregated volume
£7.492
15,616
- Price
Total Price
£116,995.07
e)
Date of the transaction
21/08/2019
f)
Place of the transaction
London
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
Acquisition of Shares in the Company following the exercise of Options granted under the Company's 2015 Deferred Share Bonus Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£n/a
21,583
d)
Aggregated information
- Aggregated volume
- £ per share
n/a
- Price
- Total Price £n/a
e)
Date of the transaction
21/08/2019
f)
Place of the transaction
n/a
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
Purchase of Ordinary Shares in the Company ("Shares") for transfer into SIPP and ISA
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£7.51752
11,438
d)
Aggregated information
- Aggregated volume
£7.51752
- Price
Total Price
£85,985.39
e)
Date of the transaction
21/08/2019
f)
Place of the transaction
London
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
Sell Ordinary Shares in the Company to (1) cover tax liability as a result of exercising the options set out above and (2) fund the purchase of shares to transfer into SIPP and ISA. Net effect is sell sufficient to cover tax liability
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£7.476
21,583
d)
Aggregated information
- Aggregated volume
£7.476
21,583
- Price
Total Price
£161,354.51
e)
Date of the transaction
21/08/2019
f)
Place of the transaction
London
Enquiries to: Liz Miles, Deputy Company Secretary
Land Securities Group PLC
Tel: 020 7024 5280
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.ENDDSHEFLFLKVFZBBZ
Recent news on Land Securities
See all newsREG - Land Sec. Group PLC - Confirmation of Full Year Results Date
AnnouncementREG - Land Sec. Group PLC - Landsec Announces New Bond Issuance
AnnouncementREG - Land Sec. Group PLC - Director/PDMR Shareholding
AnnouncementREG - Land Sec. Group PLC - Total Voting Rights
AnnouncementREG - Land Sec. Group PLC - External Directorship Change
Announcement