REG - Land Sec. Group PLC - Market purchase of shares by EBT <Origin Href="QuoteRef">LAND.L</Origin>

Land SecuritiesAnnouncement

08/01/2018 15:15

RNS Number : 2674B
Land Securities Group PLC
08 January 2018
Land Securities Group PLC
("Company") 
Market purchase of Company shares by the Company's employee benefit trust
Land Securities Group PLC today confirms that on 5 January 2018, ACS HRS Solutions Share Plan Services (Guernsey) Limited, acting as Trustee of the Land Securities Deferred Bonus Plan Trust ("Trust"), purchased in the market 250,000 (two hundred and fifty thousand) Ordinary Shares of nominal value 10 2/3 pence each in the capital of the Company ("Shares") at a price of 9.81915 per share.
The Trust holds Shares for the benefit of the Company's employees, and in particular for satisfying the vesting of awards made under the Company's various employee share incentive plans. As such, Robert Noel, Martin Greenslade, Colette O'Shea and Scott Parsons as Executive Directors, are amongst the potential beneficiaries of the Trust. 
Following the above transaction, the Trust holds 959,967 Shares for the above purpose, representing 0.13% of the Company's issued share capital with voting rights.
END
For further information, please contact:
Land Securities Group PLC 
Liz Miles 
Deputy Company Secretary 
Tel: +44 (20) 7024 5280 

This information is provided by RNS
The company news service from the London Stock Exchange
  END
DSHUWAVRWRAARAR