REG - Land Sec. Group PLC - EBT Purchase of Shares <Origin Href="QuoteRef">LAND.L</Origin>

Land SecuritiesAnnouncement

19/06/2017 17:55

RNS Number : 5298I
Land Securities Group PLC
19 June 2017
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 15 June 2017 ACS HR Solutions Share Plan Services (Guernsey) Limited, acting as Trustee of the Land Securities Deferred Bonus Plan Trust ("Trust"), purchased in the market 500,000 (five hundred thousand) Ordinary shares of nominal value 10 pence each in the capital of the Company ("Shares") at an average price of 10.75p 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 and Martin Greenslade, as Executive Directors, and Colette O'Shea and Scott Parsons, as other PDMRs, are amongst the potential beneficiaries of the Trust. 
Following the above transaction, the Trust holds 1,246,096 Shares for the above purpose, representing 0.16% of the Company's issued share capital with voting rights.
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For further information, please contact:
Land Securities Group PLC 
Tim Ashby
Group General Counsel & Company Secretary 
Tel: +44(0) 20 7024 5256

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