British Land Co PLC Director/PDMR Shareholding (4997B)
June 02 2023 - 4:00AM
UK Regulatory
TIDMBLND
RNS Number : 4997B
British Land Co PLC
02 June 2023
Director/PDMR Shareholding
The British Land Company PLC (the "Company") announces that on
31 May 2023, Bhavesh Mistry, Chief Financial Officer, sold 20,851
ordinary shares of 25 pence each. This followed the vesting of
44,273 performance shares in the Company which were granted to
Bhavesh on 19 July 2021 under the Company's Long Term Incentive
Plan to replace pre-existing awards from a previous employer that
he forfeited in order to join the Company, as previously disclosed
on 21 July 2021.
Bhavesh sold 20,851 shares to settle tax and national insurance
and associated dealing fees arising on the vesting and retained the
balance of 23,422 shares which he must continue to hold for at
least two years in accordance with the terms of the grant.
This notification is made in accordance with the requirements of
the UK Market Abuse Regulation.
Enquiries:
Company Secretariat
British Land 020 7486 4466
Details of the person discharging managerial responsibilities/person closely associated
1
a) Name Bhavesh Mistry
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Reason for the notification
2
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a) Position/status Chief Financial Officer
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b) Initial notification/Amendment Initial notification
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Details of the issuer, emission allowance market participant, auction platform, auctioneer
3 or auction monitor
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a) Name The British Land Company PLC
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b) LEI RV5B68J2GV3QGMRPW209
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Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
4 each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
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a) Description of the financial instrument, type of instrument Ordinary shares of 25 pence each
Identification code
GB0001367019
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b) Nature of the transaction Sale of shares
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c) Price(s) and volume(s) Nature of Transaction Price(s) Volume(s)
Sale 342.54p 20,851
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d) Aggregated information
* Aggregated volume N/A
N/A
* Price
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e) Date of the transaction 31 May 2023
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f) Place of the transaction London Stock Exchange (XLON)
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END
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