Land Securities Group PLC Market purchase of shares by EBT (2674B)
January 08 2018 - 9:13AM
UK Regulatory
TIDMLAND
RNS Number : 2674B
Land Securities Group PLC
08 January 2018
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 5 January 2018,
ACS HRS Solutions Share Plan Services (Guernsey) Limited, acting as
Trustee of the Land Securities Deferred Bonus Plan Trust ("Trust"),
purchased in the market 250,000 (two hundred and fifty thousand)
Ordinary Shares of nominal value 10 2/3 pence each in the capital
of the Company ("Shares") at a price of GBP9.81915 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, Martin Greenslade, Colette O'Shea and Scott
Parsons as Executive Directors, are amongst the potential
beneficiaries of the Trust.
Following the above transaction, the Trust holds 959,967 Shares
for the above purpose, representing 0.13% of the Company's issued
share capital with voting rights.
END
For further information, please contact:
Land Securities Group PLC
Liz Miles
Deputy Company Secretary
Tel: +44 (20) 7024 5280
This information is provided by RNS
The company news service from the London Stock Exchange
END
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