22nd Dec 2015 17:04
Long-Term Incentive Plan ('LTIP') Vesting
The British Land Company PLC (the 'Company') announces that it has received notification from the trustees of The British Land Employee Share Ownership Plan that, on 21 December 2015, awards over ordinary shares of 25 pence each in the Company ('Shares') and options to purchase Shares at a price of 563 pence per share ('Options'), granted under the LTIP to Persons Discharging Managerial Responsibilities ('PDMRs') of the Company on 20 December 2012, vested, as detailed below:
Vesting LTIP Awards | ||
Shares | Options | |
PDRMs | ||
Sally Jones | 5,328 | - |
Darren Richards | 1,265 | 5,062 |
Following the vesting Sally Jones sold 2,510 Shares to cover her tax liability and Darren Richards sold all of his newly vested Shares. Both of these sales took place at a price of 793 pence per share.
The above transactions took place in London and the Company was notified on 21 December 2015.
This notification is made in accordance with the requirements of DTR 3.1.4 R.
Enquiries: | |
Camilla Wiseman Company Secretariat, British Land | 020 7486 4466 |
Related Shares:
British Land