21st Aug 2007 15:22
British Land Co PLC21 August 2007 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 21st August 2007 that they purchased on 17th August2007 a total of 3,289 ordinary 25p shares at a price of £12.23 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 SIPDirectorsS A M Hester 4R E Bowden 27G C Roberts 27T A Roberts 27A M Jones 7Persons Discharging Managerial ResponsibilitesA Braine 27P Clarke 27V Beresford 7N Webb 27 21st August 2007. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
British Land