Director/PDMR Shareholding

RNS Number : 9174T

London & Stamford Property PLC

06 October 2010

 



6^th October 2010

LONDON & STAMFORD PROPERTY PLC

("London & Stamford")

DIRECTORS' HOLDINGS

Following the Admission of the Company to the Official List and the completion of the LSI Acquisition Agreement on 1 October 2010, and the buy back and cancellation of 500,000 Existing Ordinary Shares as announced earlier today, the interest of the directors, as set out in the Prospectus dated 21 September 2010 ("Prospectus") are as follows:

	Before Admission     (Holding in London & Stamford Property Ltd)		Shares issued pursuant to the LSI Acquisition Agreement	New holding in London & Stamford Property PLC
	No. of Existing Ordinary Shares	Percentage of issued share capital (%)	No. of consideration shares issued	No. of PLC Ordinary Shares	Percentage of issued share capital (%)
Raymond Mould	7,500,000	1.50	11,442,380	18,942,380	3.47
Patrick Vaughan	6,941,130	1.39	11,442,380	18,383,510	3.37
Martin McGann	142,857	0.03	3,680,938	3,823,795	0.70
Humphrey Price	1,414,568	0.28	728,559	2,143,127	0.39
Richard Crowder	100,000	0.02	-	100,000	0.02
Charles Cayzer*	-	-	-	-	-
Mark Burton	-	-	-	-	-
James Dean	-	-	-	-	-

*Charles Cayzer is a director of Caledonia Investments and the Cayzer Trust Company Ltd, which holds 31,497,094 and 2,785,506 ordinary shares respectively in the capital of LSP (representing 6.3 per cent. and 0.6 per cent. respectively of the issued share capital of LSP).

For further information contact:

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

Capitalised terms used in this announcement have the same meanings ascribed to them as set out in the Prospectus dated 21 September 2010.

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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