Land Securities Group PLC Director/PDMR Shareholding (5888R)
30 Junio 2020 - 10:15AM
UK Regulatory
TIDMLAND
RNS Number : 5888R
Land Securities Group PLC
30 June 2020
Land 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 GBP5.19p, 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).
1 Details of the person discharging managerial responsibilities
a) Name Colette O'Shea
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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
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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, Ordinary Shares
type of instrument Identification
code
------------------------------------------- --------------------------------
GB00BYW0PQ60
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b) Nature of transaction 2020 Award of Sharesave
Options over the Company's
Shares under the 2012
Sharesave Plan.
------------------------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------------------------------- ------------------ ------------
GBP5.19p
per share 1,734
d) Aggregated information
- Aggregated volume
--------------------------------------------------------------- --- ------------
- Price Total Price
GBP8,999.46
------------------------------------------- ----------------------- ------------
e) Date of the transaction 29/06/2020
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f) Place of the transaction N/A
------------------------------------------- --------------------------------
Enquiries:
Liz Miles
Deputy Company Secretary
Land Securities Group PLC
020 70245280
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END
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June 30, 2020 11:15 ET (15:15 GMT)
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