Land Securities Group PLC has announced that Moni Mannings OBE, the Senior Independent Director, has purchased 4,643 ordinary shares at a price of £6.46 per share. The total value of the transaction amounted to £29,993.78. The transaction took place on the London Stock Exchange on 29th May 2024. Marina Thomas, the Company Secretary, is the contact person for any further inquiries.
This notification falls under the disclosure of transactions by Persons Discharging Managerial Responsibilities ("PDMRs"). Moni Mannings OBE, in her capacity as the Senior Independent Director, made an initial notification of the share purchase.
The purchase of shares by a senior figure within the company can be seen as a vote of confidence in the company's performance and future prospects. It also indicates the director's belief in the value of the company's shares at the current market price.
This transaction provides insight into the confidence and investment decisions of key individuals within Land Securities Group PLC. It may also influence market sentiment and provide valuable information to shareholders and potential investors regarding the company's performance and outlook.