Land Securities Group PLC Market Purchase for the Employee Benefit Trust

RNS Number : 7301P

Land Securities Group PLC

23 May 2024

 

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 23 May 2024, Equiniti Trust (Jersey) Limited, acting as Trustee of the Land Securities Group plc Employee Trust (the "Trust"), purchased in the market 36,273 Ordinary Shares of nominal value 10 2/3 pence each in the capital of the Company ("Shares") at a price of £6.545 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 and Vanessa Simms as Executive Directors, are amongst the potential beneficiaries of the Trust.

Following the above transaction, the Trust holds 3,114,027 Shares for the above purpose, representing 0.41% of the Company's issued share capital with voting rights.

 

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For further information, please contact:

Land Securities Group PLC                           

Marina Thomas

Company Secretary

Tel: [phone]

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