Director/PDMR Shareholding

RNS Number : 8365Q

LondonMetric Property PLC

22 June 2015

 

22 June 2015

LONDONMETRIC PROPERTY PLC

Director/PDMR Shareholding

LondonMetric Property Plc (the "Company") announces that 236,733 of the deferred shares that were granted on 19 June 2014 under the Company's Deferred Bonus Plan have vested and that, in order to meet tax liabilities and other costs arising from the vesting of these shares, the Company's executive directors disposed of 111,602 ordinary shares of 10 pence each in the Company ("Shares") (the "Transactions").

Further details of the Transactions are set out in the table below:

	Shares vested	Shares sold	Resultant beneficial holding (Shares)	Resultant beneficial holding  (%)
Andrew Jones	92,656	43,680	2,292,455	0.4%
Martin McGann	42,735	20,146	2,364,174	0.4%
Valentine Beresford	50,671	23,888	2,140,819	0.3%
Mark Stirling	50,671	23,888	1,645,357	0.3%

The transactions occurred on 19 June 2015 and the Company was notified on the same day. The disposal price for the Transactions was 160.5 pence per Share.

Further details of the Deferred Bonus Plan can be found on Page 85 of the Company's 2015 Annual Report and Accounts.

-Ends-

For further information, please contact:

LondonMetric Property Plc

Andrew Jones / Martin McGann

Tel: [phone]

 

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