Land Securities Group PLC Market Purchase for the Employee Benefit Trust (8694X)
02 Septiembre 2020 - 11:20AM
UK Regulatory
TIDMLAND
RNS Number : 8694X
Land Securities Group PLC
02 September 2020
Land Securities Group PLC (the "Company")
Market purchase of Company shares by the Company's employee
benefit trust
Land Securities Group PLC today confirms that on 2 September
2020, Equiniti Trust (Jersey) Limited, acting as Trustee of the
Land Securities Deferred Bonus Plan Trust (the "Trust"), purchased
in the market 250,000 Ordinary Shares of nominal value 10 2/3 pence
each in the capital of the Company ("Shares") at a price of GBP
5.632401 per share.
The Trust holds Shares for the benefit of the Company's
employees and in particular for satisfying the vesting of awards
made under the Company's various employee share incentive plans. As
such, Mark Allan, Martin Greenslade and Colette O'Shea as Executive
Directors, are amongst the potential beneficiaries of the
Trust.
Following the above transaction the Trust holds 1,300,455 Shares
for the above purpose, representing 0.17% of the Company's issued
share capital with voting rights.
END
For further information, please contact:
Land Securities Group PLC
Tim Ashby
Group General Counsel & Company Secretary
Tel: +44 (20) 7024 5256
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END
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(END) Dow Jones Newswires
September 02, 2020 12:20 ET (16:20 GMT)
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