9th Sep 2014 08:51
LONDON (Alliance News) - Commercial real estate investment trust British Land Co PLC said Tuesday that Chief Executive Chris Grigg exercised options over 550,000 shares at an option price of 387 pence per share under the company share plan Monday.
Following the exercise, all the shares were sold at a price of 726.9437p per share in a deal worth about GBP4 million gross.
Shares were trading at 719.50p down 1.2% Tuesday morning.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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