FOR IMMEDIATE RELEASE
17 June
2016
LONDON & ASSOCIATED PROPERTIES PLC (“the
Company”):
DIRECTOR’S SHARE
DEALING
On 16 June 2016 the Company was
notified by Sir Michael Heller,
Chairman of the Company, that M Heller Marriage Settlement had sold
300,000 Ordinary Shares of 10p each in the Company (“Ordinary
Shares”) at a price of 25p. The shares were acquired by Metroc
Limited, Barmik Properties Limited and London & South Yorkshire Securities
Limited, private companies controlled by Sir Michael Heller, and each purchased 100,000
Ordinary Shares at the same price.
Sir Michael Heller and his family
continue to have an interest in 47,855,191 Ordinary Shares of the
Company representing 56.24% of the issued share capital.
The Company holds 448,362 Ordinary Shares in treasury and has
85,094,349 Ordinary Shares in issue (excluding treasury
shares). 85,094,349 represents the total voting rights in the
Company and may be used by shareholders as the denominator for the
calculations by which they can determine if they are required to
notify their interest in, or a change to their interest in, the
Company under the Financial Conduct Authority's Disclosure and
Transparency Rules.
Ends.
For further information, please contact:
Anil Thapar
Company Secretary
London & Associated
Properties PLC
Tel: 020 7415 5000