15:30 Tue 03 Aug 2021
British Land Co PLC - Director/PDMR Shareholding
Long-Term Incentive Plan ('LTIP') Grant
The British Land Company PLC (the 'Company') announces that on
The Performance Shares conditionally 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).
This transaction took place outside of a trading venue.
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|
a) |
Name
|
|
2 |
Reason for the notification |
|
a) |
Position/status
|
PDMR - Chief Financial Officer
|
b) |
Initial notification/Amendment
|
Initial notification |
3 |
Details of the issuer; emission allowance market participant, auction platform, auctioneer or auction monitor |
|
a) |
Name
|
The British Land Company PLC |
b) |
LEI
|
RV5B68J2GV3QGMRPW209 |
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 financial instrument, type of financial instrument
Identification code
|
Ordinary shares of
GB0001367019
|
b) |
Nature of the transaction
|
Grant of conditional Performance Share Award under the Long-Term Incentive Plan scheme
|
c) |
Price(s) and volume(s)
|
Nil 238,945 |
d) |
Aggregated information - Aggregated volume - Price
|
N/A (single transaction) |
e) |
Date of the transaction
|
2021-08-02 |
f) |
Place of the transaction
|
Outside of a trading venue |
This notification is made in accordance with the requirements of the
Enquiries |
|
Company Secretariat |
0207 486 4466 |
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