UPDATE - Land Securities Group PLC: EBT Purchase of Shares

UPDATE - Land Securities Group PLC: EBT Purchase of Shares

ID: 480724

(firmenpresse) - LONDON, UNITED KINGDOM -- (Marketwired) -- 06/29/16 -- Land Securities Group PLC (LSE: LAND) (OTC PINK: LSGOF)





Land Securities Group PLC today confirms that on 28 June 2016 ACS HR Solutions Share Plan Services (Guernsey) Limited, acting as Trustee of the Land Securities Deferred Bonus Plan Trust ("Trust"), purchased in the market 500,000 (five hundred thousand) Ordinary shares of nominal value 10 pence each in the capital of the Company ("Shares") at an average price of £ 9.84p per share.

The Trust holds Shares for the benefit of the Company's employees, and in particular for satisfying the vesting of awards made under the Company's various employee share incentive plans. As such, Robert Noel and Martin Greenslade, as Executive Directors, and Colette O'Shea and Scott Parsons, as other PDMRs, are amongst the potential beneficiaries of the Trust.

Following the above transaction, the Trust holds 1,601,964 Shares for the above purpose, representing 0.1% of the Company's issued share capital with voting rights.

Michael Arnaouti +44 (0)20 7024 5219
Deputy Company Secretary



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Bereitgestellt von Benutzer: Marketwired
Datum: 29.06.2016 - 14:07 Uhr
Sprache: Deutsch
News-ID 480724
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Commercial Real Estate



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