Source - LSE Regulatory
RNS Number : 4414E
Land Securities Group PLC
07 July 2021
 

 

Land Securities Group PLC   

(Company)

 

Notification of transactions by

Persons Discharging Managerial Responsibilities (PDMRs)

 

 

On 6 July 2021, the PDMRs listed below (who are both Executive Directors) acquired an interest in Options over the Company's Shares following the grant of awards under the Company's 2012 Sharesave Plan (Sharesave). The numbers of Options were calculated by reference to a price of £5.84, being the Company's middle market quotation for a Share between Monday 7 June 2021 to Wednesday 9 June 2021, discounted by 20%.

 

These Awards normally vest on the third anniversary of grant.   Subject to continued employment with Landsec, the PDMRs will become entitled to exercise the Options arising from Sharesave between 1 August 2024 and 31 January 2025 (3 year contract).

 



 

1

Details of the person discharging managerial responsibilities

a)

Name

Colette O'Shea

2

Reason for the notification

a)

Position/status

Chief Operating Officer

b)

Initial notification/Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 Land Securities Group PLC

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument Identification code

-     Shares


-     GB00BYW0PQ60

b)

Nature of transaction

Award of 2021 Sharesave Options over the Company's Shares under the 2012 Sharesave Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)



 £5.84

 1,541

d)

Aggregated information






-      Aggregated volume

 

 


-      Price

 Total Price £8,999.44

 


e)

Date of the transaction

 6/07/2021

f)

Place of the transaction

 N/A

 

 

 

 

 

 

 

 

 

 

 

1

Details of the person discharging managerial responsibilities

a)

Name

Vanessa Simms

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification/Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 Land Securities Group PLC

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument Identification code

-     Shares


-     GB00BYW0PQ60

b)

Nature of transaction

Award of 2021 Sharesave Options over the Company's Shares under the 2012 Sharesave Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)



 £5.84

 3,082

d)

Aggregated information






-      Aggregated volume

 

 


-      Price

 Total Price £17,998.88

 


e)

Date of the transaction

 6/07/2021

f)

Place of the transaction

 N/A

 

 

For further information, please contact:

Land Securities Group PLC                           

Liz Miles 

Company Secretary

Tel: 020 7024 5280

 

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