tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

British Land Allots Shares to Non-Executive Director in Lieu of Cash Fee

Story Highlights
  • British Land allotted 2,475 shares to Non-Executive Director Mark Aedy as his quarterly fee.
  • The off-market share award aligns Aedy’s pay with shareholders and complies with UK regulations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
British Land Allots Shares to Non-Executive Director in Lieu of Cash Fee

Claim 70% Off TipRanks Premium

The latest update is out from British Land Company plc ( (GB:BLND) ).

British Land Company plc has allotted 2,475 ordinary shares to Non-Executive Director Mark Aedy at a price of 394.48 pence per share, following his decision to receive his quarterly director’s fee in the form of shares rather than cash. The off-market transaction, disclosed in line with UK Market Abuse Regulation, modestly increases Aedy’s equity stake and aligns his remuneration more closely with shareholder interests, reflecting common governance practice in UK listed companies.

The most recent analyst rating on (GB:BLND) stock is a Hold with a £4.50 price target. To see the full list of analyst forecasts on British Land Company plc stock, see the GB:BLND Stock Forecast page.

Spark’s Take on GB:BLND Stock

According to Spark, TipRanks’ AI Analyst, GB:BLND is a Outperform.

British Land Company plc is well-positioned with strong technical momentum and attractive valuation metrics. The positive sentiment from the latest earnings call and recent corporate events further bolster confidence in the company’s strategic direction. However, financial performance volatility and cash flow inconsistencies present risks that need careful management.

To see Spark’s full report on GB:BLND stock, click here.

More about British Land Company plc

British Land Company plc is a UK-listed real estate investment and development company focused on owning, managing and developing prime commercial property, including offices, retail and mixed-use assets in key urban locations.

Average Trading Volume: 5,371,076

Technical Sentiment Signal: Strong Buy

Current Market Cap: £4.05B

See more insights into BLND stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1