30th Nov 2015 10:30
Land Securities Group PLC
Market purchase of Company shares
by the Company's employee benefit trust
Land Securities Group PLC ("Company") today confirms that on 27 November 2015, ACS HR Solutions Share Plan Services (Guernsey) Limited, acting as Trustee of the Land Securities Deferred Bonus Plan Trust ("Trust"), purchased in the market 124,009 (one hundred and twenty-four thousand and nine) Ordinary shares of nominal value 10 pence each in the capital of the Company ("Shares") at an average price of 1219.93p pence per share.
The Trust holds Shares for the benefit of the Company's employees, and in particular for satisfying the vesting of awards made under the Company's various employee share incentive plans. As such, Robert Noel and Martin Greenslade, as Executive Directors, and Colette O'Shea and Scott Parsons, as other PDMRs, are amongst the potential beneficiaries of the Trust.
Following the above transaction, the Trust holds 845,452 Shares for the above purpose, representing 0.1% of the Company's issued share capital with voting rights.
END
Land Securities contact:
Michael Arnaouti +44 (0)20 7024 5219
Deputy Company Secretary
Related Shares:
Land Securities