Land Securities Group PLC Director/PDMR Shareholding
20 Giugno 2024 - 5:53PM
RNS Regulatory News
RNS Number : 2833T
Land Securities Group PLC
20 June 2024
Land Securities Group
PLC
(Company)
Notification of transactions
by
Persons Discharging Managerial
Responsibilities (PDMRs)
On 20 June 2024, the PDMRs listed
below (who are both Executive Directors) acquired an interest in
Options over the Company's Shares following the grant of awards.
Mark Allan and Vanessa Simms were granted awards under the
Company's Deferred Share Bonus Plan (DSBP) and the Company's
Long-Term Incentive Plan (LTIP). The number of Options were
calculated by reference to a price of £6.095, being the Company's middle
market quotation price for a share on 19 June 2024.
DSBP: Awards granted in accordance
with the Company's DSBP follow the deferral of the PDMR's bonus
entitlement for the year ended 31 March 2024. Subject to continued
employment with Landsec, the PDMRs will become entitled to exercise
the Options arising from the DSBP between 20 June 2025 and 20 June
2029.
LTIP: LTIP awards normally vest on
the third anniversary of grant subject to the Company's achievement
of certain Total Shareholder Return, Total Return on Equity
and Environmental, Social and Governance
(includes Carbon Reduction and D&I targets) performance conditions for the three-year financial period
ending 31 March 2027. The figures shown below are the maximum
entitlement should the awards vest in full. Subject to
continued employment with Landsec and the scheme rules, the PDMRs
will become entitled to exercise the Options arising from the LTIP
between 20 June 2027 and 20 June 2034.
1
|
Details of the person discharging managerial
responsibilities
|
|
a)
|
Name
|
Mark Allan
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Executive 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 Identification code
|
-
Shares
|
|
|
-
GB00BYW0PQ60
|
|
b)
|
Nature of transaction
|
Award of Nil Cost Options over the
Company's Shares under the Deferred Share Bonus Plan.
|
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
|
|
£6.095
|
28,596
|
|
|
d)
|
Aggregated information
|
|
|
|
|
|
|
|
-
Aggregated volume
|
|
|
|
-
Price
|
Total Price £174,295
|
|
|
e)
|
Date of the transaction
|
20/06/2024
|
|
f)
|
Place of the transaction
|
N/A
|
|
1
|
Details of the person discharging managerial
responsibilities
|
|
a)
|
Name
|
Mark Allan
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Executive 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 Identification code
|
-
Shares
|
|
|
-
GB00BYW0PQ60
|
|
b)
|
Nature of transaction
|
Award of Nil Cost Options over the
Company's Shares under the Long Term Incentive Plan.
|
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
|
|
£6.095
|
434,455
|
|
|
d)
|
Aggregated information
|
|
|
|
|
|
|
|
-
Aggregated volume
|
|
|
|
-
Price
|
Total Price £2,648,004
|
|
|
e)
|
Date of the transaction
|
20/06/2024
|
|
f)
|
Place of the transaction
|
N/A
|
|
1
|
Details of the person discharging managerial
responsibilities
|
a)
|
Name
|
Vanessa Simms
|
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 Identification code
|
-
Shares
|
|
-
GB00BYW0PQ60
|
b)
|
Nature of transaction
|
Award of Nil Cost Options over the
Company's Shares under the Deferred Share Bonus Plan.
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
|
£6.095
|
20,082
|
d)
|
Aggregated information
|
|
|
|
|
|
-
Aggregated volume
|
|
|
-
Price
|
Total Price £122,402
|
|
e)
|
Date of the transaction
|
20/06/2024
|
f)
|
Place of the transaction
|
N/A
|
1
|
Details of the person discharging managerial
responsibilities
|
|
a)
|
Name
|
Vanessa Simms
|
|
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 Identification code
|
-
Shares
|
|
|
-
GB00BYW0PQ60
|
|
b)
|
Nature of transaction
|
Award of Nil Cost Options over the
Company's Shares under the Long Term Incentive Plan.
|
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
|
|
£6.095
|
266,104
|
|
|
d)
|
Aggregated information
|
|
|
|
|
|
|
|
-
Aggregated volume
|
|
|
|
-
Price
|
Total Price £1,621,905
|
|
|
e)
|
Date of the transaction
|
20/06/2024
|
|
f)
|
Place of the transaction
|
N/A
|
|
For further information, please
contact:
Land
Securities Group
PLC
Maria Smout
Senior Assistant Company Secretary
Tel: 020-7024 5264
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END
DSHEBLFLZQLEBBF
Grafico Azioni Land Securities (LSE:LAND)
Storico
Da Dic 2024 a Gen 2025
Grafico Azioni Land Securities (LSE:LAND)
Storico
Da Gen 2024 a Gen 2025