Lon.&Metropolitan - Directors Shareholding
December 04 1997 - 5:41AM
UK Regulatory
RNS No 2840k
LONDON & METROPOLITAN PLC
4th December 1997
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS
1) NAME OF COMPANY
London & Metropolitan PLC
2) NAME OF DIRECTOR
John A Warman
3) Please state whether notification indicates that it is in
respect of holding of the director named in 2 above or holding
of that person's spouse or children under the age of 18 or in
respect of a non-beneficial interest
4) Name of registered holder(s) and, if more than one holder,
the number of shares held by each of them (if notified)
5) Please state whether notification relates to a person(s)
connected with the director named in 2 above and identify the
connected person(s)
6) Please state the nature of the transaction. For PEP
transactions please indicate whether general/single co PEP and
if discretionary/non discretionary
7) Number of shares/amount of stock acquired
8) ( . %) of issued Class
9) Number of shares/amount of stock disposed
10) ( . %) of issued Class
11) Class of security
12) Price per share
13) Date of transaction
14) Date company informed
15) Total holding following this notification
16) Total percentage holding of issued class following this
notification
IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
COMPLETE THE FOLLOWING BOXES
17) Date of grant
3rd December 1997
18) Period during which or date on which exercisable
Any time up to 4th January 2001, but only upon the achievement by the Group of
certain net assets per share targets.
19) Total amount paid (if any) for grant of the option
Nil
20) Description of shares or debentures involved: class,
number.
198,949 Ordinary Shares
21) Exercise price (if fixed at time of grant) or indication
that price is to be fixed at time of exercise
5p
22) Total number of shares or debentures over which options
held following this notification
198,949 ordinary shares
23) Any additional information
On 3rd December 1997 London & Metropolitan PLC and Mr Warman entered into an
agreement under which options over a further 710,531 Ordinary shares of 5p
each may be granted at a future date under the Executive Incentive Scheme and
subject to its rules, if the number of shares in the first option have vested
in full.
24) Name of contact and telephone number for queries
G Jones Esq
Tel: 0171 925 2383
25) Name and signature of authorised company official
responsible for making this notification
G Jones Esq
London & Metropolitan PLC
Date of Notification
4th December 1997
END
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