Source - RNS
RNS Number : 8057K
Hongkong Land Hldgs Ltd
26 September 2016
 

HONGKONG LAND HOLDINGS LIMITED

NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name: David Patrick Lamb

2

Reason for the notification

a)

Position/Status: Group Counsel

b)

Initial notification/Amendment: Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name: Hongkong Land Holdings Limited

b)

LEI: N/A

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument:

Shadow share options, being a right to exercise such options in return for cash


Identification code: BMG4587L1090

b)

Nature of the transaction:

Exercise of shadow share options, entitling the option holder to receive cash equivalent to the difference between the allocation price of US$4.548 and the market price of the underlying shares on the trading day preceding the date of exercise

c)

Price(s) and Volume(s):

Price(s)
US$4.548

Volume(s)
50,000

d)

Aggregated price:
Aggregated volume:

N/A - Single transaction

e)

Date of the transaction: 22nd September 2016

f)

Place of the transaction: Outside a trading venue



Neil M McNamara, Jardine Matheson Limited
For and on behalf of Hongkong Land Holdings Limited

26th September 2016

www.hkland.com


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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