Last checked at 4 Jul 2011 17:03
SAYE Option Scheme Grant
The British Land Company PLC (the 'Company') announces the following grants of options over Ordinary Shares of 25p each, under its Save as you Earn Share Option Scheme ('SAYE'), to a Director and Person Discharging Managerial Responsibilities ('PDMR') of the Company, as detailed below.
Name | Scheme Duration | Options at 473p each |
C Grigg (Director) | 3 Year | 1,908 |
J-M Vandevivere (PDMR) | 5 Year | 3,261 |
The SAYE scheme contracts start on 1 September 2011 with all options being granted on 01 July 2011, at an exercise price of 473p per share.
Permitted exercise periods are for a period of six months running from 1 September 2014 to 28 February 2015 for the 3 year scheme, and from 1 September 2016 to 28 February 2017 for the 5 year scheme.