REG - Land Sec. Group PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">LAND.L</Origin>

Land SecuritiesAnnouncement

16/07/2015 12:58

RNS Number : 3753R
Land Securities Group PLC
26 June 2015
Land Securities Group PLC
("Company")
Notification of transactions by 
Persons Discharging Managerial Responsibilities ("PDMRs")
The Company provides notification of the following transactions effected on 25 June 2015 by the following Executive Directors and other PDMRs relating to their interests in the Ordinary shares of nominal value 10p each in the capital of the Company ("Shares"). The transactions arise from (i) the release and vesting of a deferred Shares award made on 25 June 2014, and (ii) a deferred Shares award made on 25 June 2015, both pursuant to the rules of the Company's Deferred Share Bonus Plan.
(i) The release and vesting of a deferred Shares award
25 June 2014 
Name (title)
Total number of deferred Shares released and vesting 
Shares compulsorily 
sold 
Shares being retained
Robert Noel,
(Chief Executive)
34,409
16,205
18,204
Martin Greenslade
(Chief Financial Officer)
23,273
10,961
12,312
Colette O'Shea
(MD, London Portfolio)
299
143
156
Scott Parsons
(MD, Retail Portfolio)
1,863
879
984
 Satisfied through the transfer of market purchased Shares from the Company's Employee Benefit Trust
 To cover the personal tax and social security contributions liability that arising immediately on vesting
(ii) A deferred Shares award 25 June 2015 
Name
Shares deferred till 1st anniversary of award
(i.e. 25 June 2016)
Shares deferred till 2nd anniversary
of award (i.e. 25 June 2017)
Total number of deferred Shares awarded
Robert Noel
28,551
23,869
52,420
Martin Greenslade
19,314
16,146
35,460
Colette O'Shea
7,028
7,333
14,361
Scott Parsons
7,028
6,771
13,739
 As relates to the annual bonus payable in respect of the Company's 2014/15 financial year
As a result of and including the above transactions, the outstanding aggregate interest held by each individual in the Shares of the Company is as follows:
Name
Interest in Shares under option 
Interest in Shares under long-term incentives 
Interest in Shares
(including those held by connected persons)
Robert Noel
-
783,514
241,371 
Martin Greenslade
2,619
531,571
370,540 
Colette O'Shea
6,294
207,008
45,364
Scott Parsons
4,366
188,940
64,400
 Pursuant to the rules of the Company's Executive Share Option Plan and Savings-Related Share Option Plan (as applicable)
 Pursuant to the rules of the Company's Long-Term Incentive Plan, Share Matching Plan and Deferred Share Bonus Plan (as applicable) 
 These interests are significantly in excess of the required holding levels for the Executive Directors under the Company's share ownership guidelines 
This notice is given in fulfilment of the Company's obligation under DTR 3.1.2R.
END
Company contact:
Michael Arnaouti +44 (0)20 7024 5219
Group Company Secretary

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