Land Securities Group PLC Director/PDMR Shareholding (9500M)
14 Mayo 2020 - 07:39AM
UK Regulatory
TIDMLAND
RNS Number : 9500M
Land Securities Group PLC
14 May 2020
Land Securities Group PLC
(Company)
Notification of transactions by
Persons Discharging Managerial Responsibilities (PDMRs)
The Company announces that Mark Allan, Chief Executive Officer,
has been granted three nil-cost share option awards in accordance
with the Recruitment Award Agreement entered into between Mark
Allan and the Company on 12 May 2020 (being the first day of Mark
Allan's employment when the Company was not in a closed period). As
previously announced by the Company on 22 November 2019, these
awards are to replace long term incentive awards from Mark Allan's
former employer which were forfeited as a result of Mark Allan
joining the Company.
The awards are set out below.
1 Details of the person discharging managerial responsibilities
a) Name Mark Allan
------------------------------------------ -------------------------------
2 Reason for the notification
---------------------------------------------------------------------------
a) Position/status Chief Executive Officer
------------------------------------------ -------------------------------
b) Initial notification/Amendment Initial
------------------------------------------ -------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------
a) Name Land Securities Group
PLC
------------------------------------------ -------------------------------
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 Ordinary shares
instrument, type of instrument
Identification code
------------------------------------------ -------------------------------
GB00BYW0PQ60
------------------------------------------ -------------------------------
b) Nature of transaction Award of nil cost options
over the Company's ordinary
shares (vesting 7 July
2020)
------------------------------------------ -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------------------------------ --------------- --------------
Nil cost 96,890
----------------------------------------------- --------------- --------------
d) Aggregated information N/A (single transaction)
------------------------------------------ -------------------------------
- Aggregated volume
------------------------------------------ --------------- --------------
- Price
------------------------------------------ --------------- --------------
e) Date of the transaction 12/05/2020
------------------------------------------ -------------------------------
f) Place of the transaction N/A
------------------------------------------ -------------------------------
1 Details of the person discharging managerial responsibilities
a) Name Mark Allan
------------------------------------------ -------------------------------
2 Reason for the notification
---------------------------------------------------------------------------
a) Position/status Chief Executive Officer
------------------------------------------ -------------------------------
b) Initial notification/Amendment Initial
------------------------------------------ -------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------
a) Name Land Securities Group
PLC
------------------------------------------ -------------------------------
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 Ordinary Shares
instrument, type of instrument
Identification code
------------------------------------------ -------------------------------
GB00BYW0PQ60
------------------------------------------ -------------------------------
b) Nature of transaction Award of nil cost options
over the Company's ordinary
shares (vesting 20 March
2021).
------------------------------------------ -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------------------------------ --------------- --------------
Nil cost 70,419
----------------------------------------------- --------------- --------------
d) Aggregated information N/A (single transaction)
------------------------------------------ -------------------------------
Aggregate Volume
------------------------------------------
- Price
------------------------------------------ --------------- --------------
e) Date of the transaction 1 2/05/2020
------------------------------------------ -------------------------------
f) Place of the transaction N/A
------------------------------------------ -------------------------------
1 Details of the person discharging managerial responsibilities
a) Name Mark Allan
------------------------------------------ ---------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------
a) Position/status Chief Executive Officer
------------------------------------------ ---------------------------------
b) Initial notification/Amendment Initial
------------------------------------------ ---------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------
a) Name Land Securities Group
PLC
------------------------------------------ ---------------------------------
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 Ordinary Shares
instrument, type of instrument
Identification code
------------------------------------------ ---------------------------------
GB00BYW0PQ60
------------------------------------------ ---------------------------------
b) Nature of transaction Award of nil cost options
over the Company's ordinary
shares (vesting 1 June
2022 subject to performance
conditions under the
Company's long term incentive
plan)
------------------------------------------ ---------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------------------------------ ---------------- ---------------
Nil cost 113,753
----------------------------------------------- ---------------- ---------------
d) Aggregated information
------------------------------------------ ----------------
- Aggregated volume
------------------------------------------
- Price N/A (single transaction)
------------------------------------------ ---------------------------------
e) Date of the transaction 12/05/2020
------------------------------------------ ---------------------------------
f) Place of the transaction N/A
------------------------------------------ ---------------------------------
Enquiries to: Tim Ashby, Group General Counsel and Company
Secretary
Land Securities Group PLC
Tel: 020 7024 5256
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contact rns@lseg.com or visit www.rns.com.
END
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