TIDMLAND

RNS Number : 7598Z

Land Securities Group PLC

25 May 2021

Land Securities Group PLC

(Company)

Notification of transactions by

Persons Discharging Managerial Responsibilities (PDMRs)

The Company announces that Vanessa Simms, Chief Financial Officer, has been granted an award under the Company's Deferred Share Bonus Plan (DSBP). As previously announced by the Company on 28 October 2020, this award is compensation for the annual bonus that she would have received from her former employer and is in line with the plan rules of her previous employer. 25% of the net amount of the annual bonus will be deferred into Landsec shares.

The award is set out below.

 
  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                Ordinary Shares 
        instrument, type of instrument 
        Identification code 
      ------------------------------------------  ----------------------------- 
                                                   GB00BYW0PQ60 
      ------------------------------------------  ----------------------------- 
 b)    Nature of transaction                       Award of Nil Cost Options 
                                                    over the Company's Shares 
                                                    under the Deferred Share 
                                                    Bonus Plan (vesting 25 
                                                    May 2024). 
      ------------------------------------------  ----------------------------- 
 c)    Price(s) and volume(s)                      Price(s)        Volume(s) 
      ------------------------------------------  --------------  ------------- 
 
                                                   Nil cost        10,122 
 -----------------------------------------------  --------------  ------------- 
 d)    Aggregated information 
      ------------------------------------------  -------------- 
 
  - Aggregated volume 
 ----------------------------------------------- 
       - Price                                     N/A (single transaction) 
      ------------------------------------------  ----------------------------- 
 e)    Date of the transaction                      25/05/2021 
      ------------------------------------------  ----------------------------- 
 f)    Place of the transaction                     N/A 
      ------------------------------------------  -----------------------------

For further information, please contact:

Land Securities Group PLC

Liz Miles

Company Secretary

Tel: 020 7024 5280

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END

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May 25, 2021 07:03 ET (11:03 GMT)

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