Buyback & Cancellation of Sha

RNS Number : 9173T

London & Stamford Property PLC

06 October 2010

 



6^th October 2010

LONDON & STAMFORD PROPERTY PLC

("London & Stamford")

BUYBACK & CANCELLATION OF SHARES

London & Stamford Property plc (LSE: LSP.L) announces that, as set out in the prospectus dated 21^st  September 2010 ("Prospectus"), the 500,000 Existing Ordinary Shares held by Patrick Vaughan and Martin McGann have, pursuant to the Initial Shares Buyback Agreements (as defined in the Prospectus), now been bought back by the Company at the nominal value and cancelled.

The issued share capital, as set out in the Prospectus, is therefore 545,795,171 ordinary shares of 10p each.

  For further information contact:

London & Stamford Property plc Martin McGann		Tel: [phone]
Kreab Gavin Anderson Tel: [phone] Richard Constant / James Benjamin / Anthony Hughes	Tel: [phone]

Notes to editors:

London & Stamford Property plc (LSP) was set up to exploit opportunities that it anticipated in the UK property cycle and is a group UK-REIT. LSP has a highly experienced management team and invests in commercial property, including office, retail and industrial real estate assets, principally in the UK, and has a property portfolio comprising of 14 investments, all of which are located in the UK.

LSP is traded on the London Stock Exchange's Main Market (LSP.L) and is authorised by the FSA to carry out certain regulated activities.

Further information on LSP is available from LSP's website: www.londonandstamford.com

 

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