Land Securities Group (LAND)

Sector:

Property Investment Trusts

Index:

FTSE 100

980.20p
   
  • Change Today:
      15.00p
  • 52 Week High: 1,001.50
  • 52 Week Low: 735.40
  • Currency: UK Pounds
  • Shares Issued: 741.46m
  • Volume: 1,625,209
  • Market Cap: £7,268m
  • RiskGrade: 121

Mark Allan confirmed as next Land Securities CEO

By Josh White

Date: Friday 22 Nov 2019

LONDON (ShareCast) - (Sharecast News) - Land Securities Group announced on Friday that Mark Allan is to be appointed as its next chief executive officer.
The FTSE 100 company said Allan is currently CEO of St Modwen Properties, a role he has held since 1 November 2016.

He joined St Modwen from The Unite Group, where he was CEO from 2006 until May 2016. Allan is a qualified Chartered Accountant and a member of the Royal Institution of Chartered Surveyors.

Land Securities said he would take up the new role, and become an executive director, with effect from a date to be confirmed, but by no later than 1 June.

"I am delighted to announce that Mark is to join Landsec as our next CEO," said chairman Cressida Hogg.

"Mark has been a highly successful CEO of two companies in the property sector.

"He has demonstrated strong management skills and the strategic insights that we believe will build on the strengths of our business today and be invaluable for the next phase of Landsec's evolution."

Mark Allan described Landsec as an "iconic property" company with a "fantastic heritage", adding he was "delighted" to have the opportunity to lead it.

"The world of real estate is undergoing significant change and I am confident, with the skills and experience already in place, that great opportunities lie ahead.

"I am looking forward to working with everyone at Landsec, the Board and its partners and customers."

The Land Securities board said Robert Noel would continue as CEO for the time being, with a further announcement to be made in due course regarding his leaving date.

At 0831 GMT, shares in Land Securities were up 0.57% at 910.2p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Land Securities Market Data

Currency UK Pounds
Share Price 980.20p
Change Today 15.00p
% Change 1.55 %
52 Week High 1,001.50
52 Week Low 735.40
Volume 1,625,209
Shares Issued 741.46m
Market Cap £7,268m
RiskGrade 121

Land Securities Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
32.52% above the market average32.52% above the market average32.52% above the market average32.52% above the market average32.52% above the market average
54.29% above the sector average54.29% above the sector average54.29% above the sector average54.29% above the sector average54.29% above the sector average
Price Trend
35.27% above the market average35.27% above the market average35.27% above the market average35.27% above the market average35.27% above the market average
27.78% above the sector average27.78% above the sector average27.78% above the sector average27.78% above the sector average27.78% above the sector average
Income
66.53% above the market average66.53% above the market average66.53% above the market average66.53% above the market average66.53% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Growth
66.06% below the market average66.06% below the market average66.06% below the market average66.06% below the market average66.06% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average

What The Brokers Say

Strong Buy 4
Buy 0
Neutral 9
Sell 1
Strong Sell 4
Total 18
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Land Securities Dividends

  Latest Previous
  Q2 Q1
Ex-Div 28-Nov-19 05-Sep-19
Paid 03-Jan-20 04-Oct-19
Amount 11.60p 11.60p

Trades for 17-Jan-2020

Time Volume / Share Price
16:35 493,512 @ 980.20p
16:29 33 @ 981.40p
16:29 753 @ 981.40p
16:29 154 @ 981.60p
16:29 77 @ 981.60p

Land Securities Key Personnel

CFO Martin F Greenslade
CEO Robert Noel
Chair Cressida Hogg
CEO Mark Allan

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