Granting of Share Awards

RNS Number : 4287B

LondonMetric Property PLC

06 June 2019

 

6 June 2019

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 2019.

LondonMetric granted nil cost options over 2,034,253 ordinary shares of 10 pence each ("Shares") under the Company's Long Term Incentive Plan ("LTIP") on 5 June 2019.

Awards to notifiable interests are set out below.

	Options awarded over Shares
Andrew Jones	534,747
Martin McGann	294,989
Valentine Beresford	304,872
Mark Stirling	304,872
Andrew Smith	153,066

Vesting of Shares awarded under the 2019 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 will be contained in the Company's 2019 Annual Report which is expected to be published on 11 June 2019.

-Ends-

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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