15th Nov 2007 15:58
British Land Co PLC15 November 2007 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 14th November 2007 that they purchased on 14thNovember 2007 a total of 7,122 ordinary 25p shares at a price of £9.427792 pershare under the 'Partnership' and 'Matching' element of the Company's SIP. Underthe terms 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 Number of Matching Shares acquired under the SIP acquired under the SIPDirectors S A M 13 26Hester R E Bowden 13 26G C 13 26 RobertsT A 13 26 RobertsA M Jones 13 26 Persons Discharging Managerial Responsibilities P C Clarke 13 26 A Braine 13 26 N M Webb 13 26 V T 13 26Beresford 15th November 2007. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
British Land