Director/PDMR Shareholding

RNS Number : 7647C

LondonMetric Property PLC

19 June 2019

 

19 June 2019

LONDONMETRIC PROPERTY PLC

PDMR/DIRECTOR DEALINGS

LondonMetric Property Plc ("Company") announces the vesting of previous share awards and part disposal by Directors of shares to meet associated tax liabilities arising from vesting.

In respect of prior year share awards, the following ordinary shares of 10 pence each ("Shares") have vested:

·      225,883 Shares relating to grants under the Company's Deferred Bonus Plan 16 June 2017

Details of vesting and disposals in respect of notifiable interests are set out below. 

	Bonus Shares vested3	Shares disposed1	Net increase in holding2	Resultant beneficial holding
Andrew Jones	82,755	39,012	43,743	4,196,699
Martin McGann	46,080	21,723	24,357	2,785,052
Valentine Beresford	48,524	22,875	25,649	3,224,045
Mark Stirling	48,524	22,875	25,649	2,717,707

1.     Shares were disposed on 18 June 2019 at a price of 208.62 pence per Share

2.     Shares that vested and were not disposed have been pledged by Valentine Beresford and Mark Stirling 

3.     Inclusive of entitlement to the fourth quarter dividend

Further information on remuneration, the LTIP, the deferred bonus plan and pledging is contained in the Company's 2019 Annual Report.

For further information, please contact:

LondonMetric Property Plc

Andrew Jones / Martin McGann

Tel: [phone]

FTI Consulting

Dido Laurimore/ Richard Gotla

Tel: [phone]

 

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