Granting of Share Awards

RNS Number : 8438R
LondonMetric Property PLC
19 June 2018
 

19 June 2018

LONDONMETRIC PROPERTY PLC

Granting Of Share Awards

 

LondonMetric Property Plc ("LondonMetric" or "Company") announces the granting of share incentive awards in relation to the financial year ended 31 March 2018.

 

LondonMetric granted nil cost options over 2,125,515 ordinary shares of 10 pence each ("Shares") under the Company's Long Term Incentive Plan ("LTIP") on 15 June 2018.

 

Awards to notifiable interests are set out below.


Options awarded

over Shares

Andrew Jones

564,939

Martin McGann

305,862

Valentine Beresford

322,084

Mark Stirling

322,084

Andrew Smith

148,448

 

Vesting of Shares awarded under the 2018 LTIP is subject to total shareholder return, total accounting return and earnings performance conditions measured over a three year period.

Further information on remuneration and the LTIP is contained in the Company's 2018 Annual Report.

 

 

-Ends-

 

 

For further information, please contact:

 

LondonMetric Property Plc

Andrew Jones / Martin McGann

Tel: +44 (0) 20 7484 9000

 

FTI Consulting

Dido Laurimore/Tom Gough/Richard Gotla

Tel: +44 (0) 20 3727 1000


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