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Land Securities Group PLC's CEO Mark Allan acquired 60,238 ordinary shares and CFO Vanessa Simms acquired 107,176 ordinary shares on June 26, 2023, following the exercise of options. On the same date, Mark Allan sold 28,369 shares for £5.6008 each, totaling £158,889.10, and Vanessa Simms sold 50,474 shares for £5.6008 each, totaling £282,694.78, to cover tax liabilities.
| Date | 27 Jun 2023 |
| Time | 08:54:38 |
| Category | Director/PDMR dealings |
| ID | 0363E |
Land Securities Group PLC
(Company)
Notification of transactions by
Persons Discharging Managerial Responsibilities (PDMRs)
|
1 |
Details of the person discharging managerial responsibilities |
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|
a) |
Name |
Mark Allan |
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|
2 |
Reason for the notification |
|||
|
a) |
Position/status |
Chief Executive 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 |
Ordinary 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 |
60,238 |
|
|
d) |
Aggregated information |
|
|
|
|
|
|
|
||
|
- Aggregated volume |
- £ per share n/a |
|
||
|
- Price |
- Total Price £n/a |
|
||
|
e) |
Date of the transaction |
26/6/2023 |
||
|
f) |
Place of the transaction |
N/A |
||
|
1 |
Details of the person discharging managerial responsibilities |
|||
|
a) |
Name |
Mark Allan |
||
|
2 |
Reason for the notification |
|||
|
a) |
Position/status |
Chief Executive 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 |
Ordinary Shares |
||
|
|
GB00BYW0PQ60 |
|||
|
b) |
Nature of transaction |
Sale of Ordinary Shares in the Company to cover tax liability as a result of exercising the options set out above. |
||
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|
|
|
|
£5.6008 |
28,369 |
|
|
d) |
Aggregated information |
|
|
|
|
- Aggregated volume |
|
as above |
||
|
- Price |
Total Price £158,889.10 |
|
||
|
e) |
Date of the transaction |
26/6/2023 |
||
|
f) |
Place of the transaction |
London |
||
|
1 |
Details of the person discharging managerial responsibilities |
|||
|
a) |
Name |
Vanessa Simms |
||
|
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 |
Ordinary Shares |
||
|
|
GB00BYW0PQ60 |
|||
|
b) |
Nature of transaction |
Acquisition of Shares in the Company following the exercise of Options granted under a recruitment Long Term Incentive Plan award and under the Company's 2015 Deferred Share Bonus Plan |
||
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|
|
|
|
£n/a |
107,176 |
|
|
d) |
Aggregated information |
|
|
|
|
|
|
|
||
|
- Aggregated volume |
- £ per share n/a |
|
||
|
- Price |
- Total Price £n/a |
|
||
|
e) |
Date of the transaction |
26/6/2023 |
||
|
f) |
Place of the transaction |
N/A |
||
|
1 |
Details of the person discharging managerial responsibilities |
|||
|
a) |
Name |
Vanessa Simms |
||
|
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 |
Ordinary Shares |
||
|
|
GB00BYW0PQ60 |
|||
|
b) |
Nature of transaction |
Sale of Ordinary Shares in the Company to cover tax liability as a result of exercising the options set out above. |
||
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|
|
|
|
£5.6008 |
50,474 |
|
|
d) |
Aggregated information |
|
|
|
|
- Aggregated volume |
|
as above |
||
|
- Price |
Total Price £282,694.78 |
|
||
|
e) |
Date of the transaction |
26/6/2023 |
||
|
f) |
Place of the transaction |
London |
||
For further information, please contact:
Land Securities Group PLC
Maria Smout
Senior Assistant Company Secretary
Tel: 020-7024 5264