24th May 2016 11:09
LONDON (Alliance News) - Land Securities Group PLC Tuesday said Scott Parsons, managing director of its retail portfolio, sold 15,000 shares at 1,178.00 pence per share on Monday.
Following the sale, Parsons holds a direct interest in 50,067 shares.
Land Securities last Tuesday said annual pretax profit almost halved due to a reduction in the valuation surplus, but said it was hiking its dividend on continued leasing momentum in its development programme and longer-lease terms.
Shares in the FTSE 100 property company were up 0.7% at 1,195.00p Tuesday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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