28th Nov 2007 15:46
British Land Co PLC28 November 2007 Notification of 'Dividend' Share Purchase in the British Land Share IncentivePlan ('SIP') Equiniti Share Plan Trustees Limited (the 'Trustees'), Trustees of the BritishLand SIP, notified the Company on 28th November 2007 that they purchased on 21stNovember 2007 a total of 4,808 ordinary 25p shares at a price of £8.505 pershare under the 'Dividend' element of the Company's SIP. Under the terms of theSIP net dividends paid on the 'Free', 'Partnership', 'Matching' and 'Dividend'shares held by the Trustees on behalf of eligible participating employees, areused to purchase further 'Dividend' shares for each eligible participatingemployee. The SIP has been approved by the Inland Revenue as a share incentiveplan 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 Dividend Shares acquired under the SIPDirectorsS A M Hester 9R E Bowden 39G C Roberts 39T A Roberts 39A M Jones 12Persons Discharging Managerial ResponsibilitesA Braine 39P Clarke 39V Beresford 12N Webb 39 28th November 2007. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
British Land