Last checked at 29 Jul 2019 10:21
Land Securities Group PLC
(Company)
Notification of transactions by
Persons Discharging Managerial Responsibilities (PDMRs)
On 26 July 2019, 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 PDMRs (who are both Executive Directors).
On 25 July 2019, Robert Noel and Martin Greenslade became entitled to the dividend equivalents as set out below taken as Nil Cost Options (Options) pursuant to the Options granted under the Land Securities 2015 Deferred Share Bonus Plans (2015 DSB) on 25 June 2018 following their vesting on 25 June 2019, being accrued within the 2015 DSB on the dividend record date and calculated at the dividend payment date. The dividend equivalents are in respect of the final dividend for the 2018/19 financial year which was paid to shareholders on 25 July 2019.
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 Identification code | - Shares | ||
- GB00BYW0PQ60 | ||||
b) | Nature of transaction | Vest of Options (final dividend equivalents) granted under the Company's Deferred Share Bonus Plan on 25 June 2018.
| ||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
£n/a | 295 | |||
d) | Aggregated information | |||
- Aggregated volume | - £ per share n/a | |||
- Price | - Total Price £n/a | |||
e) | Date of the transaction | 25/07/2019 | ||
f) | Place of the transaction | n/a | ||
1 | Details of the person discharging managerial responsibilities | |||
a) | Name | Robert Noel | ||
2 | Reason for the notification | |||
a) | Position/status | Chief Executive | ||
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 Identification code | - Shares | ||
- GB00BYW0PQ60 | ||||
b) | Nature of transaction | Vest of Options (final dividend equivalents) granted under the Company's Deferred Share Bonus Plan on, 25 June 2018.
| ||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
£n/a | 452 | |||
d) | Aggregated information | |||
- Aggregated volume | - £ per share n/a | |||
- Price | - Total Price £n/a | |||
e) | Date of the transaction | 25/07/2019 | ||
f) | Place of the transaction | n/a | ||
Enquiries to: Tim Ashby, Group General Counsel and Company Secretary
Land Securities Group PLC
Tel: 020 7024 5256