15th Apr 2008 16:19
British Land Co PLC15 April 2008 Notification of monthly investment in the British Land Share Incentive Plan ('SIP') Equiniti Share Plan Trustees Limited (the 'Trustees'), Trustees of the BritishLand SIP, notified the Company on 15th April 2008 that they purchased on 14thApril 2008 a total of 15,441 ordinary 25p shares at a price of £8.34 per shareunder the 'Partnership' and 'Matching' element of the Company's SIP. Under theterms of the SIP each eligible participating employee can contribute frommonthly salary to purchase 'Partnership Shares', and the Company matches this byawarding two 'Matching Shares' for every one 'Partnership Share' purchased byparticipating employees. 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 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 Partnership Shares acquired Number of Matching Shares under the SIP acquired under the SIPDirectors S A M Hester 15 30G C Roberts 15 30T A Roberts 15 30A M Jones 15 30 Persons Discharging Managerial Responsibilities P C Clarke 15 30A Braine 15 30V T Beresford 15 30N M Webb 15 30 15th April 2008. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
British Land