SOURCE: Land Securities Group PLC

December 07, 2015 07:58 ET

Land Securities Group PLC: EBT Purchase of Shares

LONDON, UNITED KINGDOM--(Marketwired - Dec 7, 2015) -  Land Securities Group PLC (LSE: LAND) (OTC PINK: LSGOF)

LSE: LAND; OTC: LSGOF

Land Securities Group PLC
("Company")

Market purchase of Company shares
by the Company's employee benefit trust

Land Securities Group PLC today confirms that on 4 December 2015 ACS HR Solutions Share Plan Services (Guernsey) Limited, acting as Trustee of the Land Securities Deferred Bonus Plan Trust ("Trust"), purchased in the market 376,000 (three hundred and seventy six thousand) Ordinary shares of nominal value 10 pence each in the capital of the Company ("Shares") at an average price of 1193.17 pence 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 1,215,106 shares for the above purpose, representing 0.1% of the Company's issued share capital with voting rights.

END

Land Securities contact:

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

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