British Land's chief executive Chris Grigg has spent nearly £800,000 topping up his holding in the property giant.
Grigg bought 242,500 ordinary shares at an average price of 326p per share. If he holds the shares for three years he will get an equal number of shares under the Company's 2009 Co-Investment Share Plan.
The purchase comes three weeks after British Land announced plans to raise £740m through a rights issue at 225p and also sold its 50% stake in the Meadowhall shopping centre in Sheffield for £588m. The shares go ex-rights on 19 March.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Top Director Buys
Value: £2,496,000
Value: £790,550
Value: € 182,685
Value: € 128,352
Value: € 118,280
Value: £125,000
Value: £50,000
Value: £24,792
Value: £22,000
Value: £20,000
Top Director Sells
Value: £2,558,475
Value: £75,230
-
Four AI ETFs to buyIs now a good time to buy AI ETFs? We examine four AI ETFs that investors might want to add to their portfolio
-
Chase boosts easy-access interest rate - savers could earn 4.75%Chase is offering a boosted interest rate which is fixed for six months, on top of the standard variable rate
