REG - Land Sec. Group PLC - Director/PDMR Shareholding

Land SecuritiesAnnouncement

25/06/2020 13:00

RNS Number : 1116R
  
Land Securities Group PLC
  
25 June 2020
  
 

Land Securities Group PLC   
(Company)
 
Notification of transactions by
Persons Discharging Managerial Responsibilities (PDMRs)
 
On 25 June 2020, 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 two PDMRs (who are both Executive Directors).
 
On 25 June 2020, Nil Cost Options (Options) granted under the Company's Deferred Share Bonus Plans (DSB) on 25 June 2019 to the PDMRs listed below vested and are exercisable between 25 June 2020 and 24 June 2024.  
This amount includes dividend equivalents accrued during the holding period.
 
The LTIP awards granted on 26 June 2017 did not meet the performance conditions and lapsed in full for all participants.  
 
 



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 granted under the Company's Deferred Share Bonus Plan on 25 June 2019.
 





c)


Price(s) and volume(s)


Price(s)


Volume(s)













 £n/a


16,743








d)


Aggregated information













-      Aggregated volume


- £ per share
n/a









-      Price


 - Total Price £n/a 









e)


Date of the transaction


 25/06/2020





f)


Place of the transaction


 n/a




 



1


Details of the person discharging managerial responsibilities





a)


Name


Colette O'Shea





2


Reason for the notification





a)


Position/status


Managing Director, Portfolio











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 granted under the Company's Deferred Share Bonus Plan on 25 June 2019.
 





c)


Price(s) and volume(s)


Price(s)


Volume(s)













 £n/a


15,193








d)


Aggregated information




























-      Aggregated volume


- £ per share
n/a









-      Price


 - Total Price £n/a 









e)


Date of the transaction


 25/06/2020





f)


Place of the transaction


 n/a








For further information, please contact:
Land Securities Group PLC                           
Tim Ashby
Group General Counsel & Company Secretary
Tel: +44(0) 20 7024 5256
 


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