8 Jul 2020 13:43
Save As You Earn ("SAYE") Option Scheme
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The British Land Company PLC (the "Company") announces that Emma Cariaga, Stacey Clark, Ann Henshaw and David Lockyer (each a Person Discharging Managerial Responsibilities of the Company) were granted options over the Company's ordinary shares of 25 pence each under the Company's SAYE Option Scheme on 7 July 2020, as detailed in the table below:
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Options granted | Option price (pence) | SAYE contract commences | Option exercise period commences | |
Emma Cariaga | 3,750 | 336 | 1 September 2020 | 1 September 2023 |
Stacey Clark | 5,357 | 336 | 1 September 2020 | 1 September 2023 |
Ann Henshaw | 5,357 | 336 | 1 September 2020 | 1 September 2023 |
David Lockyer | 6,250 | 336 | 1 September 2020 | 1 September 2025 |
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The permitted exercise period for SAYE options is six months, commencing on the dates listed above. No consideration was paid for the grant of these options.
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These transactions took place outside a trading venue.
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1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name  | 1. Emma Cariaga 2. Stacey Clark 3. Ann Henshaw 4. David Lockyer  | ||||
2 | Reason for the notification | |||||
a) | Position/status  | 1. PDMR - Executive Committee member 2. PDMR - Executive Committee member 3. PDMR - Executive Committee member 4. PDMR - Executive Committee member  | ||||
b) | Initial notification/Amendment  | Initial notification | ||||
3 | Details of the issuer; emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name  | The British Land Company PLC | ||||
b) | LEI Â | RV5B68J2GV3QGMRPW209 Â | ||||
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 financial instrument, type of financial instrument  Identification code  | Ordinary shares of 25 pence each    GB0001367019  | ||||
b) | Nature of the transaction  | Grant of options under the Save As You Earn Option Scheme  | ||||
c) | Price(s) and volume(s) Â | Â
 | ||||
d) | Aggregated information - Aggregated volume - Price  |  N/A (single transaction) | ||||
e) | Date of the transaction  | 2020-07-07 | ||||
f) | Place of the transaction  | Outside a trading venue |
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This notification is made in accordance with the requirements of the EU Market Abuse Regulation. The Identification Code for ordinary shares of 25 pence each in the Company is GB0001367019.
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Enquiries: | |
Company Secretariat, British Land | 020 7486 4466 |
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