Source - LSE Regulatory
RNS Number : 2427C
LondonMetric Property PLC
17 June 2021
 

17 June 2021

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 2018 Long Term Incentive Plan ("LTIP"), 2,339,267 ordinary shares of 10 pence each ("Shares") vested on 15 June 2021. Details of vested Shares and associated dealings in respect of notifiable interests are disclosed in the table and notes below. 

 


2018 LTIP

Shares vested1

Vesting Shares disposed to satisfy tax and other liabilities2

Increase in holding3

Beneficial holding as at 16 June 2021

Andrew Jones

637,392

300,476

336,916

4,909,823

Martin McGann

345,091

162,681

182,410

3,171,897

Valentine Beresford

363,393

171,309

192,084

3,631,407

Mark Stirling

363,393

271,309

113,074

2,956,059

Andrew Smith

167,485

78,955

88,530

456,072

 

1.     Inclusive of entitlement to the fourth quarter dividend

2.     Shares were disposed on 15 and 16 June 2021 at an average price of 234.5 pence per Share

3.     In respect of Mark Stirling, the increase in holding includes for the acquisition of 20,990 Shares into an ISA at a price of 238.4 pence per Share on 14 June 2021

 

Further information on remuneration and the LTIP is contained in the Company's 2021 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

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