TIDMLAND

RNS Number : 1116R

Land Securities Group PLC

25 June 2020

Land Securities Group PLC

(Company)

Notification of transactions by

Persons Discharging Managerial Responsibilities (PDMRs)

On 25 June 2020, Land Securities Group PLC (Landsec or the Company) was notified of the following transactions in its ordinary shares of 10 2/3p each (Shares) by two PDMRs (who are both Executive Directors).

On 25 June 2020, Nil Cost Options (Options) granted under the Company's Deferred Share Bonus Plans (DSB) on 25 June 2019 to the PDMRs listed below vested and are exercisable between 25 June 2020 and 24 June 2024.

This amount includes dividend equivalents accrued during the holding period.

The LTIP awards granted on 26 June 2017 did not meet the performance conditions and lapsed in full for all participants.

 
  1    Details of the person discharging managerial responsibilities 
      ------------------------------------------------------------------------ 
 a)    Name                                     Martin Greenslade 
      --------------------------------------  -------------------------------- 
  2    Reason for the notification 
      ------------------------------------------------------------------------ 
 
 a)    Position/status                         Chief Financial 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 
        instrument, type of instrument           *    Shares 
        Identification code 
---- 
 
                                                 *    GB00BYW0PQ60 
----  -------------------------------------- 
 b)    Nature of transaction                   Vest of Options granted 
                                                under the Company's Deferred 
                                                Share Bonus Plan on 25 
                                                June 2019. 
      --------------------------------------  -------------------------------- 
 c)    Price(s) and volume(s)                  Price(s)             Volume(s) 
      --------------------------------------  -------------------  ----------- 
 
                                               GBPn/a               16,743 
 -------------------------------------------  -------------------  ----------- 
 d)    Aggregated information 
       - Aggregated volume                     - GBP per 
                                                share 
                                                n/a 
       - Price                                  - Total Price 
                                                 GBPn/a 
      -------------------------------------- 
 e)    Date of the transaction                  25/06/2020 
      --------------------------------------  -------------------------------- 
 f)    Place of the transaction                 n/a 
      --------------------------------------  -------------------------------- 
 
 
  1    Details of the person discharging managerial responsibilities 
      ------------------------------------------------------------------------ 
 a)    Name                                    Colette O'Shea 
      --------------------------------------  -------------------------------- 
  2    Reason for the notification 
      ------------------------------------------------------------------------ 
 
 a)    Position/status                         Managing Director, Portfolio 
      --------------------------------------  -------------------------------- 
 
 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 
        instrument, type of instrument           *    Shares 
        Identification code 
---- 
 
                                                 *    GB00BYW0PQ60 
----  -------------------------------------- 
 b)    Nature of transaction                   Vest of Options granted 
                                                under the Company's Deferred 
                                                Share Bonus Plan on 25 
                                                June 2019. 
      --------------------------------------  -------------------------------- 
 c)    Price(s) and volume(s)                  Price(s)             Volume(s) 
      --------------------------------------  -------------------  ----------- 
 
                                               GBPn/a               15,193 
 -------------------------------------------  -------------------  ----------- 
 d)    Aggregated information 
 
       - Aggregated volume                     - GBP per 
                                                share 
                                                n/a 
       - Price                                  - Total Price 
                                                 GBPn/a 
      -------------------------------------- 
 e)    Date of the transaction                  25/06/2020 
      --------------------------------------  -------------------------------- 
 f)    Place of the transaction                 n/a 
      --------------------------------------  -------------------------------- 
 

For further information, please contact:

Land Securities Group PLC

Tim Ashby

Group General Counsel & Company Secretary

Tel: +44(0) 20 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

DSHFELFLBQLZBBQ

(END) Dow Jones Newswires

June 25, 2020 08:00 ET (12:00 GMT)

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