26 Jul 2019 10:45
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 |
British Land (BLND)