Director's Dealing • Aug 21, 2019
Director's Dealing
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National Storage Mechanism | Additional information
RNS Number : 8330J
Land Securities Group PLC
21 August 2019
Land Securities Group PLC
(Company)
Notification of transactions by
Persons Discharging Managerial Responsibilities (PDMRs)
On 21 August 2019, Land Securities Group PLC (Landsec or the Company) was notified of the following transactions in its ordinary shares of 10 2/3p each (Shares) by PDMRs (who are both Executive Directors).
| 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 Identification code | - Shares | ||
| - 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) | |
| £n/a | 33,157 | |||
| d) | Aggregated information | |||
| - Aggregated volume | - £ per share n/a |
|||
| - Price | - Total Price £n/a | |||
| e) | Date of the transaction | 21/08/2019 | ||
| 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 Identification code | - Shares | ||
| - GB00BYW0PQ60 | ||||
| b) | Nature of transaction | Sell Ordinary Shares in the Company ("Shares") to cover tax liability as a result of exercising the options set out above. | ||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
| £7.492 | 15,616 | |||
| d) | Aggregated information | |||
| - Aggregated volume | £7.492 | 15,616 | ||
| - Price | Total Price £116,995.07 |
|||
| e) | Date of the transaction | 21/08/2019 | ||
| 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 instrument, type of instrument Identification code | - Shares | ||
| - 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) | |
| £n/a | 21,583 | |||
| d) | Aggregated information | |||
| - Aggregated volume | - £ per share n/a |
|||
| - Price | - Total Price £n/a | |||
| e) | Date of the transaction | 21/08/2019 | ||
| 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 Identification code | - Shares | ||
| - GB00BYW0PQ60 | ||||
| b) | Nature of transaction | Purchase of Ordinary Shares in the Company ("Shares") for transfer into SIPP and ISA | ||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
| £7.51752 | 11,438 | |||
| d) | Aggregated information | |||
| - Aggregated volume | £7.51752 | |||
| - Price | Total Price £85,985.39 |
|||
| e) | Date of the transaction | 21/08/2019 | ||
| 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 instrument, type of instrument Identification code | - Shares | ||
| - GB00BYW0PQ60 | ||||
| b) | Nature of transaction | Sell 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 SIPP and ISA. Net effect is sell sufficient to cover tax liability | ||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
| £7.476 | 21,583 | |||
| d) | Aggregated information | |||
| - Aggregated volume | £7.476 | 21,583 | ||
| - Price | Total Price £161,354.51 |
|||
| e) | Date of the transaction | 21/08/2019 | ||
| f) | Place of the transaction | London |
Enquiries to: Liz Miles, Deputy Company Secretary
Land Securities Group PLC
Tel: 020 7024 5280
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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