Last checked at 8 Jul 2020 13:43
Save As You Earn ("SAYE") Option Scheme
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:
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 |
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.
These transactions took place outside a trading venue.
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
| RV5B68J2GV3QGMRPW209
| ||||
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)
|
| ||||
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 | ||||
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.
Enquiries: | |
Company Secretariat, British Land | 020 7486 4466 |