TIDMBLND

RNS Number : 9946F

British Land Co PLC

21 July 2021

The British Land Company PLC (the 'Company')

Bhavesh Mistry - Replacement Share Awards

Upon the commencement of employment of Bhavesh Mistry as Chief Financial Officer, the Company has granted on 19 July 2021 the following share awards to replace those awards that he forfeited to join British Land (the 'Awards'):

-- A grant of 43,580 Ordinary Shares of 25p each of the Company was made at nil cost. These shares must be held by Bhavesh for a minimum of two years.

-- Two separate grants in respect of 171,844 and 252,792 Ordinary Shares of 25p each of the Company were made under the Company's Long Term Incentive Plan. Grants in respect of 171,844 shares do not have performance conditions attached, replicating the terms of the awards previously held. Grants in respect of 252,792 shares are subject to the achievement of specified performance conditions. Holding periods and malus and clawback provisions apply to each award.

Full details of the vesting dates and vesting conditions (including performance conditions, where applicable) attached to the Awards will be set out in the 2022 Directors Remuneration Report. Details required under the UK Market Abuse Regulation are contained within the tables below.

 
 Enquiries 
 Company Secretariat    0207 486 4466 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                             Bhavesh Mistry 
     -------------------------------  ----------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------------- 
 a)   Position/status                  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        Receipt of shares for nil cost 
     -------------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)           Nil 
                                        43,580 
     -------------------------------  ----------------------------------------- 
 d)        Aggregated information      43,580 
             *    Aggregated volume     Nil 
 
 
             *    Price 
     -------------------------------  ----------------------------------------- 
 e)   Date of the transaction 
     -------------------------------  ----------------------------------------- 
 f)   Place of the transaction         London Stock Exchange (XLON) Main Market 
     -------------------------------  ----------------------------------------- 
 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 awards under the 
                                        Long Term Incentive Plan 
     -------------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)           Nil 
                                        424,636 
     -------------------------------  ----------------------------------------- 
 d)        Aggregated information       424,636 
             *    Aggregated volume      Nil 
 
 
             *    Price 
     -------------------------------  ----------------------------------------- 
 e)   Date of the transaction 
     -------------------------------  ----------------------------------------- 
 f)   Place of the transaction         Outside of a trading venue 
     -------------------------------  ----------------------------------------- 
 

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July 21, 2021 07:00 ET (11:00 GMT)

Grafico Azioni British Land (LSE:BLND)
Storico
Da Dic 2021 a Gen 2022 Clicca qui per i Grafici di British Land
Grafico Azioni British Land (LSE:BLND)
Storico
Da Gen 2021 a Gen 2022 Clicca qui per i Grafici di British Land