20 June 2023
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 2020 Long Term Incentive Plan ("LTIP"), 1,791,027 ordinary shares of 10 pence each ("Shares") vested on 19 June 2023. Details of vested Shares and associated dealings in respect of notifiable interests are disclosed in the table and notes below.
|
2020 LTIP Shares vested1 |
Vesting Shares disposed to satisfy tax liabilities2 |
Increase in holding |
Beneficial holding as at 20 June 2023 |
Andrew Jones |
499,295 |
235,375 |
263,920 |
5,473,411 |
Martin McGann |
258,741 |
121,975 |
136,766 |
3,501,114 |
Valentine Beresford |
267,406 |
126,059 |
141,347 |
3,943,602 |
Mark Stirling |
267,406 |
126,059 |
141,347 |
3,168,254 |
Andrew Smith |
142,919 |
67,375 |
75,544 |
617,393 |
1. Inclusive of entitlement to the fourth quarter dividend
2. Shares were disposed on 19 June 2023 at an average price of 175.15 pence per Share
Further information on remuneration and the LTIP is contained in the Company's 2023 Annual Report which is available at www.londonmetric.com
For further information, please contact:
LondonMetric Property Plc
Andrew Jones / Martin McGann
Tel: +44 (0) 20 7484 9000
FTI Consulting
Dido Laurimore/ Richard Gotla / Andrew Davis
Tel: +44 (0) 20 3727 1000