Land Securities logo

LAND - Land Securities News Story

892p 10.0  1.1%

Last Trade - 11/11/19

Sector
Financials
Size
Large Cap
Market Cap £6.54bn
Enterprise Value £10.31bn
Revenue £757.0m
Position in Universe 141st / 1848

Land Sec. Group PLC - Director/PDMR Shareholding

Wed 21st August, 2019 4:47pm
RNS Number : 8330J
Land Securities Group PLC
21 August 2019
 

Land 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.
 
END
 
 
DSHEFLFLKVFZBBZ
© Stockopedia 2019, Thomson Reuters, 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.