REG - British Land Co PLC - Director/PDMR Shareholding
I'm LongbridgeAI, I can summarize articles.British Land Co PLC announced on June 19, 2026, that conditional Performance Share awards were granted to Executive Director David Walker and five other PDMRs under its Long-Term Incentive Plan on June 18, 2026. The shares vest after three years based on Total Accounting Return, Total Shareholder Return, and Environmental Measures.
RNS Number : 0815J British Land Co PLC 19 June 2026
Long-Term Incentive Plan ('LTIP') Grant
The British Land Company PLC (the 'Company') announces that on 18 June 2026, conditional awards of Ordinary Shares of 25p each in the Company were granted to the following Executive Director and other Persons Discharging Managerial Responsibilities ('PDMRs') under the LTIP (the 'Performance Shares').
Performance Shares at nil consideration | |
Executive Director | |
David Walker | 302,287 |
PDMRs | |
Emma Cariaga | 140,348 |
Kelly Cleveland | 172,735 |
David Lockyer | 161,940 |
Brona McKeown | 141,525 |
Michael Wiseman | 119,489 |
The above Performance Shares conditionally vest on the third anniversary of grant, subject to performance conditions. Those conditions are based 50% on Total Accounting Return, 25% on Total Shareholder Return, and 25% on Environmental Measures. A two-year post-vesting holding period applies to any shares vesting for Executive Directors. A full description of the performance conditions attached to the awards is contained within the 2026 Directors' Remuneration Report.
These transactions took place outside of a trading venue.
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | 1. Emma Cariaga 2. Kelly Cleveland 3. David Lockyer 4. Brona McKeown 5. Michael Wiseman 6. David Walker | ||||
2 | Reason for the notification | |||||
a) | Position/status | 1. PDMR - Executive Committee member 2. PDMR - Executive Committee member 3. PDMR - Executive Committee member 4. PDMR - Executive Committee member 5. PDMR - Executive Committee member 6. PDMR - 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 financial instrument, type of financial instrument Identification code | Ordinary shares of 25 pence each GB0001367019 | ||||
b) | Nature of the transaction | Grant of conditional Performance Share Award under the Long-Term Incentive Plan scheme | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A (single transaction) | ||||
e) | Date of the transaction | 2026-06-18 | ||||
f) | Place of the transaction | Outside of a trading venue | ||||
This notification is made in accordance with the requirements of the UK Market Abuse Regulation. The Identification Code for Ordinary Shares of 25 pence each in the Company is GB0001367019.
Enquiries | |
Company Secretariat | 0207 486 4466 |
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