Remuneration Information • Apr 21, 2020
Remuneration Information
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National Storage Mechanism | Additional information
RNS Number : 3252K
Land Securities Group PLC
21 April 2020
Landsec Board of Directors contribute to Covid-19 support fund
At Landsec, we remain committed to supporting our customers, partners, employees and communities during the Covid-19 pandemic. As such, the Board of Directors will be waiving 20% of their base salaries or fees for an initial period of three months effective 1 May 2020 and the money will be used to supplement the £500,000 support fund for our charity partners announced on 2 April 2020. The fund will be allocated to charitable causes by our Sustainability Committee, which is responsible for our charitable donations.
Since announcing our support fund, we have been able to ensure that a number of our existing charity partners - many of whom are working on the front line to offer help to the most vulnerable in society - have received immediate financial relief. This has included donations to homeless charities across the cities we work in and a £100,000 donation to the property industry charity, LandAid.
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| # Please contact: | |
| Press | Investors |
| Bobby Leach/ Danielle Dominey Kent | Ed Thacker |
| 0207 0245241/ 07770 842226 | 0207 0245185 |
| [email protected] | [email protected] |
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 [email protected] or visit www.rns.com.
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