British Land Co PLC Director/PDMR Shareholding (4401H)
August 03 2021 - 9:30AM
UK Regulatory
TIDMBLND
RNS Number : 4401H
British Land Co PLC
03 August 2021
Long-Term Incentive Plan ('LTIP') Grant
The British Land Company PLC (the 'Company') announces that on 2
August 2021 a conditional award of 238,945 of the Company's
ordinary shares of 25 pence each ('Performance Shares') was granted
under the LTIP to Bhavesh Mistry.
The Performance Shares conditionally vest on the third
anniversary of grant, subject to performance conditions. Those
conditions are based 40% on Total Property Return, 20% on Total
Accounting Return and 40% on Total Shareholder Return (20% against
a FTSE100 comparator group and 20% against a FTSE350 property
comparator group).
This transaction took place outside of a trading venue.
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Bhavesh Mistry
------------------------------- ------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------
a) Position/status PDMR - Chief Financial Officer
------------------------------- ------------------------------------------
b) Initial notification/Amendment Initial notification
------------------------------- ------------------------------------------
3 Details of the issuer; emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------
a) Name The British Land Company PLC
------------------------------- ------------------------------------------
b) LEI RV5B68J2GV3QGMRPW209
------------------------------- ------------------------------------------
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 financial Ordinary shares of 25 pence each
instrument, type of
financial instrument
Identification code GB0001367019
------------------------------- ------------------------------------------
b) Nature of the transaction Grant of conditional Performance Share
Award under the Long-Term Incentive
Plan scheme
------------------------------- ------------------------------------------
c) Price(s) and volume(s) Nil
238,945
------------------------------- ------------------------------------------
d) Aggregated information N/A (single transaction)
* Aggregated volume
* Price
------------------------------- ------------------------------------------
e) Date of the transaction 2021-08-02
------------------------------- ------------------------------------------
f) Place of the transaction Outside of a trading venue
------------------------------- ------------------------------------------
This notification is made in accordance with the requirements of
the UK Market Abuse Regulation. The Identification Code for
ordinary shares of 25 pence each in the Company is
GB0001367019.
Enquiries
Company Secretariat 0207 486 4466
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHFXLFBFVLXBBD
(END) Dow Jones Newswires
August 03, 2021 10:30 ET (14:30 GMT)
British Land (LSE:BLND)
Historical Stock Chart
From Mar 2024 to Apr 2024
British Land (LSE:BLND)
Historical Stock Chart
From Apr 2023 to Apr 2024