17th Sep 2007 16:16
British Land Co PLC17 September 2007 Notification of monthly investment in the British Land Share Incentive Plan('SIP') Hill Samuel ESOP Trustees Limited (the 'Trustees'), Trustees of the British LandSIP, notified the Company on 17th September 2007 that they purchased on 14thSeptember 2007 a total of 6,045 ordinary 25p shares at a price of £11.47 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 SIPDirectorsS A M Hester 11 22R E Bowden 11 22G C Roberts 11 22T A Roberts 11 22A M Jones 11 22Persons Discharging Managerial ResponsibilitiesP C Clarke 11 22A Braine 11 22N M Webb 11 22V T Beresford 11 22 17th September 2007. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
British Land