SOURCE: Land Securities Group PLC

June 25, 2015 10:30 ET

Land Securities Group PLC ("Company") Market Purchase of Company Shares by the Company's Employee Benefit Trust

LONDON, UNITED KINGDOM--(Marketwired - Jun 25, 2015) -  Land Securities Group PLC (LSE: LAND) (OTC PINK: LSGOF) today confirms that on 25 June 2015, ACS HR Solutions Share Plan Services (Guernsey) Limited, as Trustee of the Land Securities Deferred Bonus Plan Trust ("Trust"), purchased, 500,000 (five hundred thousand) ordinary shares of 10 pence each in the Company ("Shares") at an average price of 1253.08p pence per share.

The Trust holds Shares for the benefit of the Company's employees, and in particular for satisfying the vesting of awards under the Company's various employee share 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 1,419,862 Shares, representing 0.18% of the Company's issued share capital with voting rights.

Contact Information

  • Land Securities contact:
    Michael Arnaouti
    +44 (0)20 7024 5219
    Group Company Secretary