Directors Dealings

RNS Number : 0919J

LondonMetric Property PLC

06 June 2014

 



6 June 2014

LONDONMETRIC PROPERTY PLC

("LondonMetric" or the "Group" or the "Company")

DIRECTORS DEALINGS

LondonMetric Property Plc (LSE: LMP), announces that pursuant to Listing Rule DTR3.1 the following transaction has taken place.

Philip Watson, a non-executive director of the Company, has increased his beneficial holding of ordinary shares as his wife has purchased 40,000 ordinary shares at 143.9p on 6 June 2014.  Philip Watson and his wife are now the beneficial holders of 214,000 shares of the Company, representing 0.03% of the Company's issued share capital.

-Ends-

For further information, please contact:

LondonMetric Property Plc

Martin McGann

Tel: [phone]

FTI Consulting

Dido Laurimore / Nina Legge

Tel: [phone]

Notes to editors:

LondonMetric (ticker: LMP), aims to deliver attractive returns for shareholders through a strategy of increasing income and improving capital values. It invests across the UK primarily in out of town retail and distribution properties. It employs an occupier-led approach to property investments through opportunistic acquisitions, joint ventures, active asset management and short cycle developments. The asset focus is on properties with enduring occupier appeal providing opportunities to improve both rental values and the security and longevity of income; and limited risk redevelopments with the aim of enhancing shareholder returns.

Further information on LondonMetric is available at www.londonmetric.com.

 

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