Landsec CEO Increases Shareholding
Why we think this is neutral
The RNS announcement is a routine notification of the CEO's increased shareholding in the company through a dividend share award. This type of news does not provide any significant new information about the company's financial performance or outlook, and is therefore considered neutral in sentiment.
Key Points
- CEO Mark Allan has increased his shareholding in Landsec
- Allan now holds 537,952 ordinary shares, valued at £2,808,109.44
Summary
The CEO of the major real estate company has increased their shareholding through a dividend share award.
Landsec, the prominent real estate investment trust, has announced that its Chief Executive Officer, Mark Allan, has increased his shareholding in the company. The RNS details that Allan now holds 537,952 ordinary shares in Landsec, valued at £2,808,109.44 based on the current share price of £5.22. This increase in shareholding is the result of a dividend share award under the company's Share Incentive Plan.
DIRECTOR DEALINGS