British Land Co PLC Director/PDMR Shareholding (6768K)
03 Settembre 2021 - 10:15AM
UK Regulatory
TIDMBLND
RNS Number : 6768K
British Land Co PLC
03 September 2021
Long-Term Incentive Plan ('LTIP') Grant
The British Land Company PLC (the 'Company') announces that on 1
September 2021 a conditional award of 41,294 of the Company's
ordinary shares of 25 pence each ('Performance Shares') was granted
under the LTIP to David Walker.
The Performance Shares conditionally vest on the third
anniversary of grant, subject to performance conditions. Those
conditions are based 40% on Total Property Return, 20% on Total
Accounting Return and 40% on Total Shareholder Return (20% against
a FTSE100 comparator group and 20% against a FTSE350 property
comparator group).
This transaction took place outside of a trading venue.
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name David Walker
------------------------------- ---------------------------------------
2 Reason for the notification
------------------------------------------------------------------------
a) Position/status Executive Committee Member
------------------------------- ---------------------------------------
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 Grant of conditional Performance Share
Award under the Long-Term Incentive
Plan
------------------------------- ---------------------------------------
c) Price(s) and volume(s) Nil
41,294
------------------------------- ---------------------------------------
d) Aggregated information N/A (single transaction)
* Aggregated volume
* Price
------------------------------- ---------------------------------------
e) Date of the transaction 2021-09-01
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f) Place of the transaction Outside of a trading venue
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This notification is made in accordance with the requirements of
the UK Market Abuse Regulation. The Identification Code for
ordinary shares of 25 pence each in the Company is
GB0001367019.
Enquiries
Company Secretariat 0207 486 4466
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END
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