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

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.

END

DSHLZLFFBELXBBQ

(END) Dow Jones Newswires

May 14, 2020 08:39 ET (12:39 GMT)

Land Securities (LSE:LAND)
Gráfica de Acción Histórica
De Ago 2020 a Sep 2020 Haga Click aquí para más Gráficas Land Securities.
Land Securities (LSE:LAND)
Gráfica de Acción Histórica
De Sep 2019 a Sep 2020 Haga Click aquí para más Gráficas Land Securities.