Director/PDMR Shareholding

RNS Number : 2053V
Hongkong Land Hldgs Ltd
26 January 2017
 

HONGKONG LAND HOLDINGS LIMITED

 

NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name: James Alexander Robinson

 

2

Reason for the notification

 

a)

Position/Status: Executive Director of Projects

 

b)

Initial notification/Amendment: Initial Notification

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name: Hongkong Land Holdings Limited

 

b)

LEI: 213800XCHYNRPAYGXW28

 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

Description of the financial instrument:

Shadow share options, being a right to exercise such options in return for cash


Identification code: BMG4587L1090

 

b)

Nature of the transaction:

Exercise of shadow share options, entitling the option holder to receive cash equivalent to the difference between the allocation price of US$4.548 and the market price of the underlying shares on the trading day preceding the date of exercise





c)

Price(s) and Volume(s):

 

Price(s)

US$4.548

 

Volume(s)

50,000

 

d)

Aggregated price:

Aggregated volume:

 

N/A - Single transaction

e)

Date of the transaction: 26th January 2017

 

f)

Place of the transaction: Outside a trading venue

 

 

 

Neil M McNamara, Jardine Matheson Limited
For and on behalf of Hongkong Land Holdings Limited

 

26th January 2017

 

www.hkland.com

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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