Land Securities Group PLC Director/PDMR Shareholding (3718D)
June 25 2019 - 6:41AM
UK Regulatory
TIDMLAND
RNS Number : 3718D
Land Securities Group PLC
25 June 2019
Land Securities Group PLC
(Company)
Notification of transactions by
Persons Discharging Managerial Responsibilities (PDMRs)
On 25 June 2019, Land Securities Group PLC (Landsec or the
Company) was notified of the following transactions in its ordinary
shares of 10 2/3p each (Shares) by two PDMRs (who are both
Executive Directors).
On 25 June 2019, Nil Cost Options (Options) granted under the
Company's Deferred Share Bonus Plans (DSB) on 25 June 2018 to the
PDMRs listed below vested and became exercisable as shown below
following the conclusion of the holding period.
Name 25 June 2018 DSB
Exercisable between
25 June 2019 and 25 June 2023
Martin Greenslade 21,288
Robert Noel 32,705
This amount includes dividend equivalents accrued during the
holding period, save for the final dividend in respect of the
2018/19 financial year which requires shareholder approval at the
Company's AGM in July. A further announcement will be made in
respect of the final dividend equivalent in due course.
The LTIP awards granted on 27 June 2016 did not meet the
performance conditions and lapsed in full for all participants.
1 Details of the person discharging managerial responsibilities
------------------------------------------------------------------------
a) Name Martin Greenslade
-------------------------------------- --------------------------------
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 * Shares
Identification code
----
* GB00BYW0PQ60
---- --------------------------------------
b) Nature of transaction Vest of Options granted
under the Company's Deferred
Share Bonus Plan on 25
June 2018.
-------------------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
-------------------------------------- ------------------- -----------
GBPn/a 21,288
------------------------------------------- ------------------- -----------
d) Aggregated information
- Aggregated volume - GBP per
share
n/a
- Price - Total Price
GBPn/a
--------------------------------------
e) Date of the transaction 25/06/2019
-------------------------------------- --------------------------------
f) Place of the transaction n/a
-------------------------------------- --------------------------------
1 Details of the person discharging managerial responsibilities
------------------------------------------------------------------------
a) Name Robert Noel
-------------------------------------- --------------------------------
2 Reason for the notification
------------------------------------------------------------------------
a) Position/status Chief Executive
-------------------------------------- --------------------------------
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 * Shares
Identification code
----
* GB00BYW0PQ60
---- --------------------------------------
b) Nature of transaction Vest of Options granted
under the Company's Deferred
Share Bonus Plan on 25
June 2018.
-------------------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
-------------------------------------- ------------------- -----------
GBPn/a 32,705
------------------------------------------- ------------------- -----------
d) Aggregated information
- Aggregated volume - GBP per
share
n/a
- Price - Total Price
GBPn/a
--------------------------------------
e) Date of the transaction 25/06/2019
-------------------------------------- --------------------------------
f) Place of the transaction n/a
-------------------------------------- --------------------------------
Enquiries to: Tim Ashby, Group General Counsel and Company
Secretary
Land Securities Group PLC
Tel: 020 7024 5256
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.
END
DSHFELFLKQFXBBD
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