Director/PDMR Shareholding

RNS Number : 4844H
Londonmetric Property Plc
20 June 2013
 





20 June 2013

LONDONMETRIC PROPERTY PLC (The "Company")

DIRECTOR/PDMR SHAREHOLDING

Andrew Jones, Valentine Beresford and Mark Stirling, have purchased ordinary shares in the Company as shown in the table below.

The shares acquired have been purchased using part of the individuals' bonuses after tax and national insurance relating to the period prior to the merger between London & Stamford Property Plc and Metric Property Investments plc (the "Merger"). Part of the bonus award was determined based on the Metric Property Investments plc Matching Share Plan which was then cancelled on completion of the Merger.

The shares acquired are required to be held for a period of three years and will be clawed back if the individuals' are not employed by the Company during the three year hold period.

 

Director/PDMR

Shares purchased

Purchase price

Resultant beneficial holding





Andrew Jones

64,500

109.6p

2,243,479

Valentine Beresford

42,500

108.4p

2,184,536

Mark Stirling

41,000

109.5p

1,642,536

 

 

For further information please contact:

 

LondonMetric Property Plc

Martin McGann                                                  Tel: +44 (0)207 484 9000


This information is provided by RNS
The company news service from the London Stock Exchange
 
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