FOR IMMEDIATE RELEASE
04 March 2020
London & Associated Properties PLC ("LAP"
or the "Company")
Director/PDMR
Shareholding
The Company has today been notified that on 24 February 2020, Mr Clive Parritt (a non-executive director of the
Company), sold 10,810 ordinary shares of 10
pence each in the Company ("Ordinary Shares") for a
consideration of 20p per Ordinary Share. He then
purchased for his personal ISA account 10,810 ordinary shares of
10 pence each for a consideration of
20p per Ordinary Share (“the Transactions”)
Following the Transactions Mr Clive
Parritt and his family’s holding remains unchanged at 36,168
shares in the company representing 0.04% of the issued share
capital net of Treasury shares.
The notification below, made in
accordance with the requirements of the EU Market Abuse Regulation,
provides further details of the Transactions.
1 |
Details
of the person discharging managerial responsibilities / person
closely associated |
a) |
Name |
Mr Clive Parritt |
2 |
Reason
for the notification |
a) |
Position/status
|
Mr Clive Parritt is a non-executive
director of the Company |
b) |
Initial notification
/Amendment |
Initial notification |
3 |
Details
of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor |
a) |
Name |
London & Associated Properties
PLC |
b) |
LEI
|
213800GLCG54Q578EX51 |
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, type of instrument
Identification code |
Ordinary shares of 10
pence each in the Company (“Ordinary Shares”)
GB0001012045 |
b) |
Nature of the
transactions |
Sale of Ordinary Shares
by Mr Clive Parritt and subsequent purchase of Ordinary
Shares into his personal ISA account. As a result of the
Transactions his family holdings remain the same. |
c) |
Price(s) and volume(s)
|
Price(s) |
Volume(s) |
20p per share – sale
20p per share - purchase |
10,810 Ordinary Shares
10,810 Ordinary Shares |
|
d) |
Aggregated
information
- Aggregated volume
- Price |
N/A |
e) |
Date of the
transaction |
24/02/2020 |
f) |
Place of the
transaction
|
LSE |
Contact: Jonathan Mintz, Company
Secretary 020 7415 5000