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Company Announcements

British Land Company PLC

Director/PDMR Shareholding

Source: RNS
RNS Number : 4997B
British Land Co PLC
02 June 2023
 

Director/PDMR Shareholding

The British Land Company PLC (the "Company") announces that on 31 May 2023, Bhavesh Mistry, Chief Financial Officer, sold 20,851 ordinary shares of 25 pence each. This followed the vesting of 44,273 performance shares in the Company which were granted to Bhavesh on 19 July 2021 under the Company's Long Term Incentive Plan to replace pre-existing awards from a previous employer that he forfeited in order to join the Company, as previously disclosed on 21 July 2021.

Bhavesh sold 20,851 shares to settle tax and national insurance and associated dealing fees arising on the vesting and retained the balance of 23,422 shares which he must continue to hold for at least two years in accordance with the terms of the grant.

This notification is made in accordance with the requirements of the UK Market Abuse Regulation. 

 

 

Enquiries:


Company Secretariat

British Land   

020 7486 4466

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Bhavesh Mistry

2

Reason for the notification

a)

Position/status

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 the financial instrument, type of instrument

Identification code

Ordinary shares of 25 pence each

 

GB0001367019

b)

Nature of the transaction

Sale of shares

c)

Price(s) and volume(s)

Nature of Transaction

Price(s)

Volume(s)

Sale

342.54p

20,851

d)

Aggregated information

-       Aggregated volume

-       Price

 

N/A

N/A

e)

Date of the transaction

31 May 2023

f)

Place of the transaction

London Stock Exchange (XLON)

 

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