23rd Aug 2006 10:10
British Land Co PLC23 August 2006 Notification of 'Dividend' Share Purchase in the British Land Share IncentivePlan ('SIP') Hill Samuel ESOP Trustees Limited (the 'Trustees'), Trustees of the British LandSIP, notified the Company on 22nd August 2006 that they purchased on 18th August2006 a total of 4,179 ordinary 25p shares at a price of £13.62 per share underthe 'Dividend' element of the Company's SIP. Under the terms of the SIP netdividends paid on the 'Free', 'Partnership', 'Matching' and 'Dividend' sharesheld by the Trustees on behalf of eligible participating employees, are used topurchase further 'Dividend' shares for each eligible participating employee. TheSIP has been approved by the Inland Revenue as a share incentive plan underSchedule 8 of the Finance Act 2000. As participants in the SIP the executive directors and the persons dischargingmanagerial responsibilities named below are deemed to have an interest in theshares 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 and persons discharging managerial responsibilities were asfollows: Number of Dividend Shares acquired under the SIPDirectors Sir John Ritblat 29R E Bowden 29G C Roberts 29T A Roberts 29A M Jones 3 Persons Discharging Managerial Responsibilities A Braine 29P C Clarke 29 23rd August 2006. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
British Land