Director/PDMR Shareholding
The British Land Company PLC (the "Company") announces that on 29 May 2024, Bhavesh Mistry, Chief Financial Officer, sold 13,286 ordinary shares of 25 pence each. This followed the vesting of 28,209 performance shares in the Company which were granted to Bhavesh on 19 July 2021 under the Company's Long Term Incentive Plan to replace pre-existing awards from a previous employer that he forfeited in order to join the Company, as previously disclosed on 21 July 2021.
Bhavesh sold 13,286 shares to settle tax and national insurance and associated dealing fees arising on the vesting and retained the balance of 14,923 shares which he must continue to hold for at least two years in accordance with the terms of the grant.
This notification is made in accordance with the requirements of the UK Market Abuse Regulation.
| Enquiries: | |
| Company Secretariat British Land | 020 7486 4466 |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a) | Name | Bhavesh Mistry | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Chief Financial Officer | ||||||
| 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 the financial instrument, type of instrument Identification code | Ordinary shares of 25 pence each
GB0001367019 | ||||||
| b) | Nature of the transaction | Sale of shares | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
N/A N/A | ||||||
| e) | Date of the transaction | 29 May 2024 | ||||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||||
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