Director/PDMR Shareholding
Source: RNSLand Securities Group PLC
Notification of transactions by
Person Discharging Managerial Responsibilities (PDMR)
On 29 June 2020, the PDMR listed below acquired an interest in Options over the Company's Shares following the grant of awards under the Company's 2012 Sharesave Plan (Sharesave). The number of Options were calculated by reference to a price of £5.19p, being the Company's middle market quotation for a Share between Monday 1 June 2020 to Wednesday 3 June 2020, discounted by 20%.
Awards normally vest on the third anniversary of grant. Subject to continued employment with the Company, the PDMR will become entitled to exercise the Options arising from Sharesave between 1 August 2023 and 31 January 2024 (3 year contract).
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1 |
Details of the person discharging managerial responsibilities |
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a) |
Name |
Colette O'Shea |
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2 |
Reason for the notification |
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a) |
Position/status |
Managing Director, Portfolio |
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b) |
Initial notification/Amendment |
Initial |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Land Securities Group PLC |
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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 |
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a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary Shares |
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GB00BYW0PQ60 |
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b) |
Nature of transaction |
2020 Award of Sharesave Options over the Company's Shares under the 2012 Sharesave Plan. |
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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£5.19p per share |
1,734
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d) |
Aggregated information |
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- Aggregated volume |
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- Price |
Total Price £8,999.46
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e) |
Date of the transaction |
29/06/2020 |
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f) |
Place of the transaction |
N/A |
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Enquiries:
Liz Miles
Deputy Company Secretary
Land Securities Group PLC
020 70245280
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
