21st Feb 2005 14:56
British Land Co PLC21 February 2005 Notification of 'Dividend' Share Purchase in the British Land Share IncentivePlan ('SIP). On 18th February 2005 Hill Samuel ESOP Trustees Limited (the 'Trustees'),Trustees of the British Land SIP, notified the Company that they had purchasedon 18th February 2005 a total of 1,938 ordinary 25p shares at a price of 885 pper share under the 'Dividend' element of the Company's SIP. Under the terms ofthe SIP net dividends paid on the 'Free', 'Partnership', 'Matching' and'Dividend' shares held by the Trustees on behalf of eligible participatingemployees, are used to purchase further 'Dividend' shares for each eligibleparticipating employee. The SIP has been approved by the Inland Revenue as ashare incentive plan under Schedule 8 of the Finance Act 2000. As participants in the SIP the executive Directors named below are deemed tohave an interest in the shares held by the Trustees. The Company also received notification from the Trustees, that of the aboveshares acquired by the Trustees, the shares purchased on behalf of the Company'sexecutive directors were as follows: Name Number of Dividend shares acquired under the SIPJ H Ritblat 12J H Weston Smith 12N S J Ritblat 12R E Bowden 12G C Roberts 12 21st February 2005. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
British Land