Director/PDMR Shareholding

RNS Number : 2427C

LondonMetric Property PLC

17 June 2021

 

17 June 2021

LONDONMETRIC PROPERTY PLC

PDMR/DIRECTOR DEALINGS

LondonMetric Property Plc ("Company") announces the vesting of previous share awards and associated dealings by PDMRs and Directors.

In respect of the Company's 2018 Long Term Incentive Plan ("LTIP"), 2,339,267 ordinary shares of 10 pence each ("Shares") vested on 15 June 2021. Details of vested Shares and associated dealings in respect of notifiable interests are disclosed in the table and notes below. 

	2018 LTIP Shares vested1	Vesting Shares disposed to satisfy tax and other liabilities2	Increase in holding3	Beneficial holding as at 16 June 2021
Andrew Jones	637,392	300,476	336,916	4,909,823
Martin McGann	345,091	162,681	182,410	3,171,897
Valentine Beresford	363,393	171,309	192,084	3,631,407
Mark Stirling	363,393	271,309	113,074	2,956,059
Andrew Smith	167,485	78,955	88,530	456,072

1.  Inclusive of entitlement to the fourth quarter dividend

2.  Shares were disposed on 15 and 16 June 2021 at an average price of 234.5 pence per Share

3.  In respect of Mark Stirling, the increase in holding includes for the acquisition of 20,990 Shares into an ISA at a price of 238.4 pence per Share on 14 June 2021

Further information on remuneration and the LTIP is contained in the Company's 2021 Annual Report which is available at www.londonmetric.com

For further information, please contact:

LondonMetric Property Plc

Andrew Jones / Martin McGann

Tel: [phone]

FTI Consulting

Dido Laurimore/ Richard Gotla / Andrew Davis

Tel: [phone]

 

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