Source - RNS
RNS Number : 8804G
British Land Co PLC
26 July 2019
 

Long-Term Incentive Plan ('LTIP') Grant

The British Land Company PLC (the 'Company') announces that on 24 July 2019 conditional awards of the Company's ordinary shares of 25 pence each ('Performance Shares') under the LTIP were granted to Executive Directors and other Persons Discharging Managerial Responsibilities ('PDMRs') as outlined below.

 

Directors

Performance Shares at nil consideration

Chris Grigg

407,923

Simon Carter

233,383



PDMRs

Performance Shares at nil consideration

Emma Cariaga

40,842

Ann Henshaw

42,475

Sally Jones

62,845

David Lockyer

40,842

Brona McKeown

45,824

Roger Madelin

46,741

Darren Richards

62,845

Joff Sharpe

46,741

Nigel Webb

49,078

The above Performance Shares vest on the third anniversary of grant, subject to performance conditions.  Those conditions are based 40% on Total Property Return, 20% on Total Accounting Return and 40% on Total Shareholder Return (20% against a FTSE100 comparator group and 20% against a FTSE350 property comparator group).

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 Identification Code for ordinary shares of 25 pence each in the Company is GB0001367019.

Enquiries


Company Secretariat

0207 486 4466

 


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