Land Securities Group PLC Market Purchase for the Employee Benefit Trust
May 23 2024 - 12:03PM
RNS Regulatory News
RNS Number : 7301P
Land Securities Group PLC
23 May 2024
Land
Securities Group PLC (the
"Company")
Market purchase of Company shares by the Company's employee
benefit trust
Land Securities Group PLC today
confirms that on 23 May 2024, Equiniti Trust (Jersey) Limited,
acting as Trustee of the Land Securities
Group plc Employee Trust (the "Trust"),
purchased in the market 36,273
Ordinary Shares of nominal value 10 2/3 pence each
in the capital of the Company ("Shares") at a price of
£6.545 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, Mark Allan and Vanessa
Simms as Executive Directors, are amongst the potential
beneficiaries of the Trust.
Following the above transaction, the
Trust holds 3,114,027 Shares for the above purpose, representing 0.41% of the
Company's issued share capital with voting rights.
END
For further information, please
contact:
Land
Securities Group
PLC
Marina Thomas
Company Secretary
Tel: +44 (20) 7024 3868
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