Source - RNS
RNS Number : 5609J
British Land Co PLC
29 June 2017
 

Long-Term Incentive Plan ("LTIP") Grant

The British Land Company PLC (the 'Company') announces that conditional awards of the Company's ordinary shares of 25 pence each ('Shares') and conditional awards of options over the Company's Shares were granted to Executive Directors and Persons Discharging Managerial Responsibilities ('PDMRs') on 28 June 2017 under the LTIP, as outlined below.

 

 

 

Performance Shares at nil consideration

Options at 617.167 pence per Share

Directors

 

Chris Grigg

340,264

 

Lucinda Bell

199,702

 

Charles Maudsley

180,765

 

Tim Roberts

180,765

 

PDMRs

 

Sally Jones

70,888

 

Roger Madelin

38,988

155,954

Darren Richards

38,988

155,954

Joff Sharpe

77,729

 

Nigel Webb

81,876

 

The above performance shares conditionally vest on the third anniversary of grant. The above options are conditionally exercisable from the third until the tenth anniversary of grant. The LTIP option exercise price is 617.167 pence per share. No consideration was paid for the grant of these awards.

These transactions took place outside of a trading venue

This notification is made in accordance with the requirements of the EU Market Abuse Regulation.  The Company's Legal Entity Identifier Code is RV5B68J2GV3QGMRPW209. The Identification Code for ordinary shares of 25 pence each in the Company is GB0001367019.

Enquiries:

 

Bruce James

 

 

Company Secretariat, British Land

020 7486 4466

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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