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Land Securities Group PLC ("Company") Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")

/EINPresswire.com/ -- LONDON, UNITED KINGDOM -- (Marketwired) -- 08/03/16 -- Land Securities Group PLC (LSE: LAND) (OTC PINK: LSGOF)

Following receipt of notification from the below named PDMR, the Company provides onward notification of the following share dealing transaction effected on 1 August 2016 by the PDMR relating to their interest in the ordinary shares of nominal value 10p each in the capital of the Company ("Shares").

The transaction arises from the PDMR's acquisition (post exercise of option) and subsequent sale of Shares pursuant to an award granted on 1 August 2013 under the rules of the Company's Savings-Related Share Option Plan which matured on 1 August 2016.

                    Number of Shares   Shares voluntarily Shares
Name                acquired on        sold at 1096p per  retained
(title)             exercise of option Share
                    at 792.5p per
                    Share(1)
Colette O'Shea        1,135            1,135              -
(MD, London
Portfolio)

(1) Satisfied through the allotment of new Shares.

As a result of and including the above transaction, the outstanding aggregate interest in Shares held by the PDMR is as follows:

                    Interest in Shares Interest in Shares Shares owned
                    under option(²)    under long-term    (including those
Name                                   incentives(3)      held by connected
                                                          persons)
Colette O'Shea      1,060              224,037              43,168

(²) Pursuant to the rules of the Company's Savings-Related Share Option Plan.
(3) Pursuant to the rules of the Company's discretionary Long-Term Incentive Plan, Matching Share Plan and Deferred Share Bonus Plan (as applicable).

This notice is given in fulfilment of the Company's obligation under DTR 3.1.2R. The Company further confirms that the PDMRs notification obligations under the Market Abuse Regulations have been satisfied.

Land Securities contact:

Louise Miller
+44 (0)20 7024 5257
Senior Assistant Company Secretary