1st Jul 2014 16:30
LONDON (Alliance News) - British Land Company PLC said Tuesday that a group of executives, including Chief Executive Chris Grigg, had received shares that had vested under the company's long term incentive plan Monday.
The transactions were as follows:
| Vesting LTIP Awards | |
Shares at nil consideration | Options at 575p | |
Directors | ||
Chris Grigg | 173,913 | 695,652 |
Lucinda Bell | 147,826 | - |
Charles Maudsley | 147,826 | - |
Tim Roberts | 73,913 | 295,652 |
Managers | ||
Anthony Braine | 56,086 | - |
Simon Carter | 2,608 | 10,434 |
Jean-Marc Vandevivere | - | 234,782 |
Nigel Webb | 13,043 | - |
Following the vesting of the awards, Grigg sold 81,958 shares, Finance Director Lucinda Bell sold 69,667 shares, Head of Office Tim Roberts sold 34,841 shares and Head of Treasury and Capital Markets Simon Carter sold 1,231 shares at 700 pence to offset tax liabilities.
Head of Retail Charles Maudsley, Company Secretary Anthony Braine and Head of Developments Nigel Webb sold all of their newly vested shares at the same price.
Shares in British Land closed at 702.42 pence Tuesday.
By Hana Stewart-Smith; [email protected]; @hanassallnews
Copyright 2014 Alliance News Limited. All Rights Reserved.
Related Shares:
British Land