18th Dec 2007 12:50
British Land Co PLC18 December 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 17th December 2007 that they purchased on 14thDecember 2007 a total of 7,656 ordinary 25p shares at a price of £8.915 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 Hester 14 28R E Bowden 14 28G C Roberts 14 28T A Roberts 14 28A M Jones 14 28 Persons Discharging Managerial ResponsibilitiesP C Clarke 14 28A Braine 14 28N M Webb 14 28V T Beresford 14 28 18th December 2007. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
British Land