TIDMBLND

RNS Number : 9816O

British Land Co PLC

13 October 2021

Director/PDMR Shareholding

The British Land Company PLC (the "Company") announces that on 11 October 2021, Bhavesh Mistry, Chief Financial Officer, exercised 60,944 nil cost options over ordinary shares of 25p each in the Company. Bhavesh subsequently sold 28,702 shares to settle tax and national insurance contributions and dealing fees arising from the exercise and retained the balance of 32,242 shares which he must continue to hold for at least two years in accordance with the terms of the grant.

The options were granted to Bhavesh on 19 July 2021 under the Company's Long Term Incentive Plan in order to replace awards that he forfeited in order to join the Company, as previously disclosed on 21 July 2021.

This notification is made in accordance with the requirements of the UK Market Abuse Regulation.

 
Enquiries: 
Company Secretariat 
 British Land         020 7486 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 the financial instrument, type of instrument   Ordinary shares of 25 pence each 
       Identification code 
                                                                     ISIN: GB0001367019 
     ------------------------------------------------------------  ----------------------------------------------- 
 b)   Nature of the transaction                                     Exercise of options and subsequent sale 
     ------------------------------------------------------------  ----------------------------------------------- 
 c)   Price(s) and volume(s)                                        Nature of Transaction    Price(s)   Volume(s) 
                                                                     Option Exercise          n/a        60,944 
                                                                      Sale                     487.7p     28,702 
                                                                     ----------------------  ---------  ---------- 
     ------------------------------------------------------------  ----------------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume                                   N/A 
                                                                      N/A 
 
             *    Price 
     ------------------------------------------------------------  ----------------------------------------------- 
 e)   Date of the transaction                                       11 October 2021 
     ------------------------------------------------------------  ----------------------------------------------- 
 f)   Place of the transaction                                      London Stock Exchange (XLON) 
     ------------------------------------------------------------  ----------------------------------------------- 
 

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END

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(END) Dow Jones Newswires

October 13, 2021 09:00 ET (13:00 GMT)

Grafico Azioni British Land (LSE:BLND)
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