LONDON & STAMFORD PROPERTY LIMITED
Registration No. 47816
Registered Office:
2 ND FLOOR, REGENCY COURT, GLATEGNY ESPLANADE, ST. PETER PORT,
GUERNSEY, GY1 3NQ.
___________________________
TELEPHONE: + 44 1481 720321
FACSIMILE: + 44 1481 716117
e-mail: Funds@bfmgl.gg
London & Stamford Property Limited
('London & Stamford' or 'the Company')
Directors' Dealings
London & Stamford (AIM: LSP.L), announces that it was notified on 31 July 2009 that the Directors purchased ordinary shares pursuant to their entitlements or otherwise in the Placing and Open Offer announced on 10 July 2009 (the 'Issue'). Shares issued under the Placing and Open Offer were admitted to trading on AIM on 30 July 2009 resulting in an enlarged issued share capital of 500,000,000 ordinary shares.
The shares acquired by each director on 30 July 2009 and the percentages of the enlarged issued share capital held by each director following the purchases are as follows:
Director |
Holding prior to the Issue |
% of issued share capital prior to the issue |
Number of shares purchased |
Purchase price per share |
Holding following the Issue |
% of issued share capital held following the Issue |
Raymond Mould |
5,294,130 |
1.85% |
2,205,870 |
105p |
7,500,000 |
1.50% |
Patrick Vaughan |
5,836,130 |
1.99% |
1,000,000 |
105p |
6,941,130* |
1.39% |
Rupert Evans |
500,000 |
0.18% |
200,000 |
105p |
700,000 |
0.14% |
Lewis Grant |
- |
- |
150,000 |
105p |
150,000 |
0.03% |
Martin McGann |
- |
- |
142,857 |
105p |
142,857 |
0.03% |
Richard Crowder |
- |
- |
100,000 |
105p |
100,000 |
0.02% |
Patrick Firth |
- |
- |
25,000 |
105p |
25,000 |
0.01% |
*a total of 797,000 of these ordinary shares are held by a nominee company on trust for Patrick's spouse, children, grandchildren and his pension fund.
For further information:
London & Stamford Property Limited
Valerie Goodwin, Butterfield Fulcrum Group (Guernsey) Ltd
Company Secretary Tel: +44 (0)1481 739116
KBC Peel Hunt Ltd (Nominated Adviser and Broker)
Tel +44 (0)20 7418 8900
Capel Irwin / David Anderson
Kreab Gavin Anderson
Richard Constant / James Benjamin / Anthony Hughes Tel: +44 (0)20 7554 1400