2nd Sep 2010 16:17
Notification of Free Share purchase and award under the British Land Share Incentive Plan ('SIP')
Equiniti Share Plan Trustees Limited (the 'Trustees'), Trustees of the British Land SIP, notified the Company on 2nd September 2010 that they purchased on 1st September 2010 a total of 162,717 ordinary 25p shares at a price of £4.564 per share under the 'Free Share' element of the Company's SIP and made awards over these shares for nil consideration. The SIP has been approved by the Inland Revenue as a share incentive plan under Schedule 8 of the Finance Act 2000.
As participants in the SIP the executive directors and persons discharging managerial responsibilities named below are deemed to have an interest in the shares held by the Trustees.
The Company also received notification on 2nd September 2010 from the Trustees, that of the 'Free Shares' awarded, the Company's directors and persons discharging managerial responsibilities were awarded shares as follows:
|
|
Number of Free Shares awarded under the SIP |
|
Directors |
|
|
C M Grigg |
657 |
|
G C Roberts |
657 |
|
T A Roberts |
657 |
|
Persons Discharging Managerial Responsibilities |
|
|
L M Bell |
657 |
|
A Braine |
657 |
|
B T Grose |
657 |
|
N M Webb |
657 |
Related Shares:
British Land