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LAND Land Securities Group Plc

631.00
0.00 (0.00%)
19 Apr 2024 - Closed
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
  0.00 0.00% 631.00 630.00 630.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Investment Trust 795M -619M -0.8310 -7.58 4.69B

Land Securities Group PLC Director/PDMR Shareholding (4571S)

08/07/2020 5:48pm

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 : 4571S

Land Securities Group PLC

08 July 2020

Land Securities Group PLC

(Company)

Notification of transactions by

Persons Discharging Managerial Responsibilities (PDMRs)

On 7 July 2020, 96,890 nil cost options granted under Mark Allan's Recruitment Award Agreement became exercisable. On 8 July 2020, Mark Allan exercised all of these options and sold sufficient to cover tax and national insurance. There were no dividend equivalents accrued during the holding period.

On 8 July 2020, Martin Greenslade and Colette O'Shea exercised all outstanding options under the 2015 Deferred Share Bonus Plan that were awarded in 2019 and which vested, as previously announced, on 25 June 2020. Martin Greenslade sold all shares and repurchased the net amount (post tax and national insurance) through an ISA held in the name of his wife. Colette O'Shea sold sufficient shares to cover tax and national insurance and retained the balance.

Full details of these transactions are set out below.

 
  1    Details of the person discharging managerial responsibilities 
      ---------------------------------------------------------------------- 
 a)    Name                                    Mark Allan 
      --------------------------------------  ------------------------------ 
  2    Reason for the notification 
      ---------------------------------------------------------------------- 
 
 a)    Position/status                         Chief Executive 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            Ordinary Shares 
        instrument, type of instrument 
        Identification code 
                                               GB00BYW0PQ60 
      -------------------------------------- 
 b)    Nature of transaction                   Vest of Options granted 
                                                under the 2017 Recruitment 
                                                Award 
      --------------------------------------  ------------------------------ 
 c)    Price(s) and volume(s)                  Price(s)           Volume(s) 
      --------------------------------------  -----------------  ----------- 
 
                                               GBPn/a             96,890 
 d)    Aggregated information 
 
       - Aggregated volume                     - GBP per 
                                                share 
                                                n/a 
       - Price                                  - Total Price 
                                                 GBPn/a 
      -------------------------------------- 
 e)    Date of the transaction                  07/07/2020 
      --------------------------------------  ------------------------------ 
 f)    Place of the transaction                 n/a 
      --------------------------------------  ------------------------------ 
 
 
  1    Details of the person discharging managerial responsibilities 
      ---------------------------------------------------------------------- 
 a)    Name                                    Mark Allan 
      --------------------------------------  ------------------------------ 
  2    Reason for the notification 
      ---------------------------------------------------------------------- 
 
 a)    Position/status                         Chief Executive 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            Ordinary Shares 
        instrument, type of instrument 
        Identification code 
                                               GB00BYW0PQ60 
      -------------------------------------- 
 b)    Nature of transaction                   Acquisition of Shares 
                                                in the Company following 
                                                the exercise of Options 
                                                granted under the 2017 
                                                Award 
      --------------------------------------  ------------------------------ 
 c)    Price(s) and volume(s)                  Price(s)           Volume(s) 
      --------------------------------------  -----------------  ----------- 
 
                                               GBPn/a             96,890 
 d)    Aggregated information 
 
       - Aggregated volume                     - GBP per 
                                                share 
                                                n/a 
       - Price                                  - Total Price 
                                                 GBPn/a 
      -------------------------------------- 
 e)    Date of the transaction                  08/07/2020 
      --------------------------------------  ------------------------------ 
 f)    Place of the transaction                 N/A 
      --------------------------------------  ------------------------------ 
 
 
  1    Details of the person discharging managerial responsibilities 
      ---------------------------------------------------------------------- 
 a)    Name                                     Mark Allan 
      --------------------------------------  ------------------------------ 
  2    Reason for the notification 
      ---------------------------------------------------------------------- 
 
 a)    Position/status                         Chief Executive 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            Ordinary Shares 
        instrument, type of instrument 
        Identification code 
                                               GB00BYW0PQ60 
      -------------------------------------- 
 b)    Nature of transaction                   Sale of Ordinary Shares 
                                                in the Company to cover 
                                                tax liability as a result 
                                                of exercising the options 
                                                set out above. 
      --------------------------------------  ------------------------------ 
 c)    Price(s) and volume(s)                  Price(s)           Volume(s) 
      --------------------------------------  -----------------  ----------- 
 
                                               GBP5.563           45,630 
 d)    Aggregated information 
  - Aggregated volume                          GBP5.563           45,630 
       - Price                                 Total Price 
                                                GBP253,839.69 
      -------------------------------------- 
 e)    Date of the transaction                  08/07/2020 
      --------------------------------------  ------------------------------ 
 f)    Place of the transaction                London 
      --------------------------------------  ------------------------------ 
 
 
  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            Ordinary Shares 
        instrument, type of instrument 
        Identification code 
                                               GB00BYW0PQ60 
      -------------------------------------- 
 b)    Nature of transaction                   Acquisition of Shares 
                                                in the Company following 
                                                the exercise of Options 
                                                granted under the Company's 
                                                2015 Deferred Share Bonus 
                                                Plan 
      --------------------------------------  ------------------------------- 
 c)    Price(s) and volume(s)                  Price(s)            Volume(s) 
      --------------------------------------  ------------------  ----------- 
 
                                               GBPn/a              16,743 
 d)    Aggregated information 
 
       - Aggregated volume                     - GBP per 
                                                share 
                                                n/a 
       - Price                                  - Total Price 
                                                 GBPn/a 
      -------------------------------------- 
 e)    Date of the transaction                  08/07/2020 
      --------------------------------------  ------------------------------- 
 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             Ordinary Shares 
        instrument, type of instrument 
        Identification code 
                                                GB00BYW0PQ60 
      --------------------------------------- 
 b)    Nature of transaction                    Purchase of Ordinary 
                                                 Shares in the Company 
                                                 in the name of his wife 
                                                 into ISA. 
      ---------------------------------------  ----------------------------- 
 c)    Price(s) and volume(s)                   Price(s)          Volume(s) 
      ---------------------------------------  ----------------  ----------- 
 
                                                GBP5.680270       8,873 
 d)    Aggregated information 
       - Aggregated volume                      GBP5.680270 
       - Price                                  Total Price 
                                                 GBP50,401.04 
      --------------------------------------- 
 e)    Date of the transaction                   08/07/2020 
      ---------------------------------------  ----------------------------- 
 f)    Place of the transaction                 London 
      ---------------------------------------  ----------------------------- 
 
 
  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             Ordinary Shares 
        instrument, type of instrument 
        Identification code 
---- 
                                                GB00BYW0PQ60 
----  --------------------------------------- 
 b)    Nature of transaction                    Sale of Ordinary Shares 
                                                 in the Company to (1) 
                                                 cover tax liability as 
                                                 a result of exercising 
                                                 the options set out above 
                                                 and (2) fund the purchase 
                                                 of shares to transfer 
                                                 into wife's ISA. Net 
                                                 effect is sell sufficient 
                                                 to cover tax liability. 
      ---------------------------------------  ----------------------------- 
 c)    Price(s) and volume(s)                   Price(s)          Volume(s) 
      ---------------------------------------  ----------------  ----------- 
 
                                                GBP5.563          16,743 
 --------------------------------------------  ----------------  ----------- 
 d)    Aggregated information 
  - Aggregated volume                           GBP5.563          16,743 
       - Price                                  Total Price 
                                                 GBP93,141.31 
      --------------------------------------- 
 e)    Date of the transaction                   08/07/2020 
      ---------------------------------------  ----------------------------- 
 f)    Place of the transaction                 London 
      ---------------------------------------  ----------------------------- 
 
 
  1    Details of the person discharging managerial responsibilities 
      ----------------------------------------------------------------------- 
 a)    Name                                    Colette O'Shea 
      --------------------------------------  ------------------------------- 
  2    Reason for the notification 
      ----------------------------------------------------------------------- 
 
 a)    Position/status                         Managing Director, Portfolio 
 
 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            Ordinary Shares 
        instrument, type of instrument 
        Identification code 
                                               GB00BYW0PQ60 
      -------------------------------------- 
 b)    Nature of transaction                   Acquisition of Shares 
                                                in the Company following 
                                                the exercise of Options 
                                                granted under the Company's 
                                                2015 Deferred Share Bonus 
                                                Plan 
      --------------------------------------  ------------------------------- 
 c)    Price(s) and volume(s)                  Price(s)            Volume(s) 
      --------------------------------------  ------------------  ----------- 
 
                                               GBPn/a              15,448 
 d)    Aggregated information 
 
       - Aggregated volume                     - GBP per 
                                                share 
                                                n/a 
       - Price                                  - Total Price 
                                                 GBPn/a 
      -------------------------------------- 
 e)    Date of the transaction                  08/07/2020 
      --------------------------------------  ------------------------------- 
 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, Portfolio 
 
 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             Ordinary Shares 
        instrument, type of instrument 
        Identification code 
                                                GB00BYW0PQ60 
      --------------------------------------- 
 b)    Nature of transaction                    Sale of Ordinary Shares 
                                                 in the Company to cover 
                                                 tax liability as a result 
                                                 of exercising the options 
                                                 set out above. 
      ---------------------------------------  ------------------------------- 
 c)    Price(s) and volume(s)                   Price(s)            Volume(s) 
      ---------------------------------------  ------------------  ----------- 
 
                                                GBP5.563            7,276 
 d)    Aggregated information 
  - Aggregated volume                           GBP5.563            7,276 
       - Price                                  Total Price 
                                                 GBP40,476.38 
      --------------------------------------- 
 e)    Date of the transaction                   08/07/2020 
      ---------------------------------------  ------------------------------- 
 f)    Place of the transaction                 London 
      ---------------------------------------  ------------------------------- 
 

For further information, please contact:

Land Securities Group PLC

Tim Ashby

Group General Counsel & Company Secretary

Tel: +44(0) 20 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

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July 08, 2020 12:48 ET (16:48 GMT)

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