LondonMetric Property PLC PDMR/DIRECTOR DEALINGS (2482S)
June 22 2018 - 4:30AM
UK Regulatory
TIDMLMP
RNS Number : 2482S
LondonMetric Property PLC
22 June 2018
22 June 2018
LONDONMETRIC PROPERTY PLC
PDMR/DIRECTOR DEALINGS
LondonMetric Property Plc ("Company") announces the vesting of
previous share awards and part disposal by Directors of shares to
meet associated tax liabilities arising from vesting.
In respect of prior year share awards, the following ordinary
shares of 10 pence each ("Shares") have vested:
-- 2,017,875 Shares relating to grants under the Company's LTIP on 11 June 2015
-- 574,242 Shares relating to grants under the Company's
Deferred Bonus Plan on 11 June 2015, 8 June 2016 and 16 June
2017.
Details of vesting and disposals in respect of notifiable
interests are set out below.
LTIP Bonus Shares Shares Net increase Resultant
Shares vested(3) disposed(1) in holding(2) beneficial
vested(3) holding
Andrew Jones 581,294 211,902 373,926 419,270 3,791,072
----------- ------------- ------------- --------------- ------------
Martin McGann 305,181 116,656 198,862 222,975 2,564,560
----------- ------------- ------------- --------------- ------------
Valentine Beresford 321,368 122,842 209,409 234,801 2,991,860
----------- ------------- ------------- --------------- ------------
Mark Stirling 321,368 122,842 209,409 234,801 2,485,522
----------- ------------- ------------- --------------- ------------
Andrew Smith 81,083 - 38,224 42,859 252,905
----------- ------------- ------------- --------------- ------------
1. Shares were disposed on 21 June 2018 at a price of 187.63 pence per Share
2. Shares that vested and were not disposed have been pledged by
Andrew Jones, Valentine Beresford and Mark Stirling
3. Inclusive of entitlement to the fourth quarter dividend
Further information on remuneration, the LTIP, the deferred
bonus plan and pledging is contained in the Company's 2018 Annual
Report.
For further information, please contact:
LondonMetric Property Plc
Andrew Jones / Martin McGann
Tel: +44 (0) 20 7484 9000
FTI Consulting
Dido Laurimore/Tom Gough/Richard Gotla
Tel: +44 (0) 20 3727 1000
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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