Remuneration Information • Jun 23, 2016
Remuneration Information
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RNS Number : 0909C
British Land Co PLC
23 June 2016
Long-Term Incentive Plan ("LTIP") Grant
The British Land Company PLC (the 'Company') announces that conditional awards of the Company's ordinary shares of 25 pence each ('Shares') and conditional awards of options over the Company's Shares were granted to Executive Directors and Persons Discharging Managerial Responsibilities ('PDMRs') on 22 June 2016 under the Company's LTIP, as outlined below.
| Performance shares at nil consideration | Options at 730.5 pence | |
| Directors | ||
| Chris Grigg | 229,979 | - |
| Lucinda Bell | 134,976 | - |
| Charles Maudsley | 122,176 | - |
| Tim Roberts | 61,088 | 244,353 |
| PDMRs | ||
| Sally Jones | 47,227 | - |
| Roger Madelin | 28,234 | 112,936 |
| Darren Richards | 47,227 | - |
| Joff Sharpe | 56,288 | - |
| Nigel Webb | 38,539 | 83,008 |
| Elaine Williams | 33,059 | 56,673 |
The above performance shares conditionally vest on the third anniversary of grant. The above options are conditionally exercisable from the third until the tenth anniversary of grant. The LTIP option exercise price is 730.5 pence per share. No consideration was paid for the grant of these awards.
The LTIP awards were granted in London. This notification is made in accordance with the requirements of DTR 3.1.4 R
| Enquiries: | |
| Company Secretariat, British Land | 020 7486 4466 |
This information is provided by RNS
The company news service from the London Stock Exchange
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