Directors Sales

lse:blnd

#1

05-Aug-16 British Land Company BLND Roberts,Timothy Andrew 37,499 @ 6.66p £249,668.34
05-Aug-16 British Land Company BLND Grigg,Chris 70,586 @ 6.66p £469,961.59
05-Aug-16 British Land Company BLND Maudsley,Charles 37,499 @ 6.66p £249,668.34
05-Aug-16 British Land Company BLND Bell,Lucinda 30,772 @ 6.66p £204,879.98

Looks a little more than a tax cover – although not checked.
I think they may be looking for this to fall well below 600.

Games


#2

Games,

The RNS doesn’t say the sales by directors of a bit under half of the shares awarded under a LTIP were for tax but another award under a MSP a few days earlier said the sales again about a half were to cover tax liabilities, so reasonable to guess the later sales were for the same reason.

So holding my shares but if you are right and the shares get down to 600p or lower I shall probably add although, at the moment, I see rightly or wrongly more short term upside in MCS.