Land Securities Group PLC Market Purchase for the Employee Benefit Trust (6515T)
21 Luglio 2020 - 2:00PM
UK Regulatory
TIDMLAND
RNS Number : 6515T
Land Securities Group PLC
21 July 2020
Land Securities Group PLC (the "Company")
Market purchase of Company shares by the Company's employee
benefit trust
Land Securities Group PLC today confirms that on 17 July 2020,
Equiniti Trust (Jersey) Limited, acting as Trustee of the Land
Securities Deferred Bonus Plan Trust (the "Trust"), purchased in
the market 125,907 Ordinary Shares of nominal value 10 2/3 pence
each in the capital of the Company ("Shares") at a price of GBP
5.479902 per share. In addition, on 20 July 2020 Equiniti Trust
(Jersey) Limited, acting as Trustee of the Trust purchased in the
market 124,093 Shares at a price of GBP 5.499956 per share.
The Trust holds Shares for the benefit of the Company's
employees, and in particular for satisfying the vesting of awards
made under the Company's various employee share incentive plans. As
such, Mark Allan, Martin Greenslade and Colette O'Shea as Executive
Directors, are amongst the potential beneficiaries of the
Trust.
Following the above transaction, the Trust holds 1,050,804
Shares for the above purpose, representing 0.14% of the Company's
issued share capital with voting rights.
END
For further information, please contact:
Land Securities Group PLC
Liz Miles
Deputy Company Secretary
Tel: +44 (20) 7024 5280
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END
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