REG - Land Sec. Group PLC - Director/PDMR Shareholding
26/06/2025 15:30
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RNS Number : 6226O Land Securities Group PLC 26 June 2025
Land Securities Group PLC
(Company)
Notification of transactions by
Persons Discharging Managerial Responsibilities (PDMRs)
On 26 June 2025, the PDMRs listed below (who are both Executive Directors)
acquired an interest in Options over the Company's Shares following the grant
of awards. Mark Allan and Vanessa Simms were granted awards under the
Company's Omnibus Share Plan Rules 2024. The number of Options were calculated
by reference to a price of £6.225, being the Company's middle market
quotation price for a share on 25 June 2025.
Deferred Share Bonus Award (DSB): awards made because of the deferral of the
PDMR's bonus entitlement for the year ended 31 March 2025. Subject to
continued employment with Landsec, the PDMRs will become entitled to exercise
the Options arising from the DSB between 26 June 2026 and 26 June 2035.
Performance Share Award (PSA): awards normally vest on the third anniversary
of grant subject to the Company's achievement of certain performance
conditions (Total Shareholder Return, Total Return on Equity and
Environmental, Social and Governance (includes Carbon Reduction and D&I
targets)) for the three-year financial period ending 31 March 2028. The
figures shown below are the maximum entitlement should the awards vest in
full. Subject to continued employment with Landsec and the scheme rules, the
PDMRs will become entitled to exercise the Options arising from the PSA
between 26 June 2028 and 26 June 2035.
1 Details of the person discharging managerial responsibilities
a) Name Mark Allan
2 Reason for the notification
a) Position/status Chief Executive 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 - Shares
code
- GB00BYW0PQ60
b) Nature of transaction Awards of Nil Cost Options over the Company's Shares under the Omnibus Share
Plan as a Deferred Share Bonus Award vesting on 26 June 2026 (1) and 26 June
2027 (2).
c) Price(s) and volume(s) Price(s) Volume(s)
£6.225 70,551 (1)
34,507 (2)
d) Aggregated information
- Aggregated volume
- Price Total Price £653,986
e) Date of the transaction 26/06/2025
f) Place of the transaction N/A
1 Details of the person discharging managerial responsibilities
a) Name Mark Allan
2 Reason for the notification
a) Position/status Chief Executive 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 - Shares
code
- GB00BYW0PQ60
b) Nature of transaction Award of Nil Cost Options over the Company's Shares under the Omnibus Share
Plan as a Performance Share Award.
c) Price(s) and volume(s) Price(s) Volume(s)
£6.225 436,017
d) Aggregated information
- Aggregated volume
- Price Total Price £2,714,206
e) Date of the transaction 26/06/2025
f) Place of the transaction N/A
1 Details of the person discharging managerial responsibilities
a) Name Vanessa Simms
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 - Shares
code
- GB00BYW0PQ60
b) Nature of transaction Awards of Nil Cost Options over the Company's Shares under the Omnibus Share
Plan as a Deferred Share Bonus Award vesting on 26 June 2026 (1) and 26 June
2027 (2).
c) Price(s) and volume(s) Price(s) Volume(s)
£6.225
43,213 (1)
28,719 (2)
d) Aggregated information
- Aggregated volume
- Price Total Price £447,777
e) Date of the transaction 26/06/2025
f) Place of the transaction N/A
1 Details of the person discharging managerial responsibilities
a) Name Vanessa Simms
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 - Shares
code
- GB00BYW0PQ60
b) Nature of transaction Award of Nil Cost Options over the Company's Shares under the Omnibus Share
Plan as a Performance Share Award.
c) Price(s) and volume(s) Price(s) Volume(s)
£6.225 267,060
d) Aggregated information
- Aggregated volume
- Price Total Price £1,662,449
e) Date of the transaction 26/06/2025
f) Place of the transaction N/A
For further information, please contact:
Land Securities Group
PLC
Maria Smout, Senior Assistant Company Secretary
Tel: 020-7024 5041
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