ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

LAND Land Securities Group Plc

629.00
-2.00 (-0.32%)
Last Updated: 12:08:16
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Land Securities Group Plc LSE:LAND London Ordinary Share GB00BYW0PQ60 ORD 10 2/3P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.00 -0.32% 629.00 628.50 629.50 631.50 625.00 628.50 240,740 12:08:16
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Investment Trust 795M -619M -0.8310 -7.57 4.69B

Land Securities Group PLC Director/PDMR Shareholding (3724D)

25/06/2019 12:45pm

UK Regulatory


Land Securities (LSE:LAND)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Land Securities Charts.

TIDMLAND

RNS Number : 3724D

Land Securities Group PLC

25 June 2019

Land Securities Group PLC

(Company)

Notification of transactions by

Persons Discharging Managerial Responsibilities (PDMRs)

On 25 June 2019, PDMRs listed below (who are all Executive Directors) acquired an interest in Options over the Company's Shares following the grant of awards under the Company's Deferred Share Bonus Plan (DSB) and the Company's Long-Term Incentive Plan (LTIP). The numbers of Options were calculated by reference to a price of GBP8.196, being the Company's middle market closing price for a Share on 24 June 2019.

DSB: Awards granted in accordance with the Company's DSB follow the deferral of a portion of the PDMR's bonus entitlement for the year ended 31 March 2019. Subject to continued employment with Landsec, the PDMRs will become entitled to exercise the Options arising from the DSB between 25 June 2020 and 24 June 2024.

LTIP: LTIP awards normally vest on the third anniversary of grant subject to the Company's achievement of certain Total Shareholder Return and Total Property Return performance conditions for the three-year financial period ending 31 March 2022. The figures shown below are the maximum entitlement should the awards vest in full. Subject to continued employment with Landsec and the scheme rules, the PDMRs will become entitled to exercise the Options arising from the LTIP between 25 June 2022 and 24 June 2029.

 
  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           *    Shares 
        Identification code 
---- 
 
                                                 *    GB00BYW0PQ60 
----  -------------------------------------- 
 b)    Nature of transaction                   Award of Nil Cost Options 
                                                over the Company's Shares 
                                                under the Deferred Share 
                                                Bonus Plan. 
      --------------------------------------  ------------------------------ 
 c)    Price(s) and volume(s)                  Price(s)           Volume(s) 
      --------------------------------------  -----------------  ----------- 
 
                                               GBP8.196           16,323 
 -------------------------------------------  -----------------  ----------- 
 d)    Aggregated information 
 
       - Aggregated volume                     - GBP per 
                                                share 
       - Price                                  - Total Price 
                                                 GBP133,788 
      -------------------------------------- 
 e)    Date of the transaction                  25/06/2019 
      --------------------------------------  ------------------------------ 
 f)    Place of the transaction                 N/A 
      --------------------------------------  ------------------------------ 
 
 
  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           *    Shares 
        Identification code 
---- 
 
                                                 *    GB00BYW0PQ60 
----  -------------------------------------- 
 b)    Nature of transaction                   Award of Nil Cost Options 
                                                over the Company's Shares 
                                                under the Long Term Incentive 
                                                Plan. 
      --------------------------------------  --------------------------------- 
 c)    Price(s) and volume(s)                  Price(s)             Volume(s) 
      --------------------------------------  -------------------  ------------ 
 
                                               GBP8.196             193,997 
 -------------------------------------------  -------------------  ------------ 
 d)    Aggregated information 
 
       - Aggregated volume                     - GBP per 
                                                share 
       - Price                                  - Total Price 
                                                 GBP1,590,000 
      -------------------------------------- 
 e)    Date of the transaction                  25/06/2019 
      --------------------------------------  --------------------------------- 
 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           *    Shares 
        Identification code 
---- 
 
                                                 *    GB00BYW0PQ60 
----  -------------------------------------- 
 b)    Nature of transaction                   Award of Nil Cost Options 
                                                over the Company's Shares 
                                                under the Deferred Share 
                                                Bonus Plan. 
      --------------------------------------  ------------------------------ 
 c)    Price(s) and volume(s)                  Price(s)           Volume(s) 
      --------------------------------------  -----------------  ----------- 
 
                                               GBP8.196           25,076 
 -------------------------------------------  -----------------  ----------- 
 d)    Aggregated information 
 
       - Aggregated volume                     - GBP per 
                                                share 
       - Price                                  - Total Price 
                                                 GBP205,529 
      -------------------------------------- 
 e)    Date of the transaction                  25/06/2019 
      --------------------------------------  ------------------------------ 
 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           *    Shares 
        Identification code 
---- 
 
                                                 *    GB00BYW0PQ60 
----  -------------------------------------- 
 b)    Nature of transaction                   Award of Nil Cost Options 
                                                over the Company's Shares 
                                                under the Long Term Incentive 
                                                Plan. 
      --------------------------------------  --------------------------------- 
 c)    Price(s) and volume(s)                  Price(s)             Volume(s) 
      --------------------------------------  -------------------  ------------ 
 
                                               GBP8.196             297,950 
 -------------------------------------------  -------------------  ------------ 
 d)    Aggregated information 
 
       - Aggregated volume                     - GBP per 
                                                share 
       - Price                                  - Total Price 
                                                 GBP2,442,000 
      -------------------------------------- 
 e)    Date of the transaction                  25/06/2019 
      --------------------------------------  --------------------------------- 
 f)    Place of the transaction                 N/A 
      --------------------------------------  --------------------------------- 
 
 
  1    Details of the person discharging managerial responsibilities 
      ---------------------------------------------------------------------- 
 a)    Name                                     Colette O'Shea 
      --------------------------------------  ------------------------------ 
  2    Reason for the notification 
      ---------------------------------------------------------------------- 
 
 a)    Position/status                         Managing Director, London 
                                                and Retail Portfolios 
      --------------------------------------  ------------------------------ 
 
 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           *    Shares 
        Identification code 
---- 
 
                                                 *    GB00BYW0PQ60 
----  -------------------------------------- 
 b)    Nature of transaction                   Award of Nil Cost Options 
                                                over the Company's Shares 
                                                under the Deferred Share 
                                                Bonus Plan. 
      --------------------------------------  ------------------------------ 
 c)    Price(s) and volume(s)                  Price(s)           Volume(s) 
      --------------------------------------  -----------------  ----------- 
 
                                               GBP8.196           14,812 
 -------------------------------------------  -----------------  ----------- 
 d)    Aggregated information 
 
       - Aggregated volume                     - GBP per 
                                                share 
       - Price                                  - Total Price 
                                                 GBP121,401 
      -------------------------------------- 
 e)    Date of the transaction                  25/06/2019 
      --------------------------------------  ------------------------------ 
 f)    Place of the transaction                 N/A 
      --------------------------------------  ------------------------------ 
 
 
  1    Details of the person discharging managerial responsibilities 
      ------------------------------------------------------------------------- 
 a)    Name                                     Colette O'Shea 
      --------------------------------------  --------------------------------- 
  2    Reason for the notification 
      ------------------------------------------------------------------------- 
 
 a)    Position/status                         Managing Director, London 
                                                and Retail Portfolios 
      --------------------------------------  --------------------------------- 
 
 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           *    Shares 
        Identification code 
---- 
 
                                                 *    GB00BYW0PQ60 
----  -------------------------------------- 
 b)    Nature of transaction                   Award of Nil Cost Options 
                                                over the Company's Shares 
                                                under the Long Term Incentive 
                                                Plan. 
      --------------------------------------  --------------------------------- 
 c)    Price(s) and volume(s)                  Price(s)             Volume(s) 
      --------------------------------------  -------------------  ------------ 
 
                                               GBP8.196             134,211 
 -------------------------------------------  -------------------  ------------ 
 d)    Aggregated information 
 
       - Aggregated volume                     - GBP per 
                                                share 
       - Price                                  - Total Price 
                                                 GBP1,100,000 
      -------------------------------------- 
 e)    Date of the transaction                  25/06/2019 
      --------------------------------------  --------------------------------- 
 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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHFELFLKQFZBBL

(END) Dow Jones Newswires

June 25, 2019 07:45 ET (11:45 GMT)

1 Year Land Securities Chart

1 Year Land Securities Chart

1 Month Land Securities Chart

1 Month Land Securities Chart

Your Recent History

Delayed Upgrade Clock