REG - LondonMetric - Director/PDMR Shareholding

Londonmetric PropertyAnnouncement

19/06/2024 09:00

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RNS Number : 0339T  LondonMetric Property PLC  19 June 2024

19 June 2024

LONDONMETRIC PROPERTY PLC

PDMR/DIRECTOR DEALINGS

LondonMetric Property Plc ("Company") announces the vesting of previous share
awards and associated dealings by PDMRs and Directors.

 

In respect of the Company's 2021 Long Term Incentive Plan ("LTIP"), 1,968,850
ordinary shares of 10 pence each ("Shares") vested on 17 June 2024. Details of
vested Shares and associated dealings in respect of notifiable interests are
disclosed in the table and notes below.

 

                      2021 LTIP          Vesting Shares disposed to satisfy tax liabilities(2)  Increase in holding  Beneficial holding as at 19 June 2024

                      Shares vested(1)
 Andrew Jones         508,815            239,863                                                268,952               5,742,363
 Martin McGann        246,662            116,280                                                130,382               3,631,496
 Valentine Beresford  248,226            117,018                                                131,208               4,074,810
 Mark Stirling        248,226            117,018                                                131,208               3,299,462
 Andrew Smith         145,644            68,659                                                 76,985                694,378
 Will Evers           222,955            105,105                                                117,850               332,823

 

1.     Inclusive of entitlement to the fourth quarter dividend

2.     Shares were disposed on 17 June 2024 at an average price of 194.72
pence per Share

 

Further information on remuneration and the LTIP will be contained in the
Company's 2024 Annual Report which is expected to be available later today at
www.londonmetric.com (http://www.londonmetric.com)

 

 

For further information, please contact:

 

LondonMetric Property Plc

Andrew Jones / Martin McGann

Tel: +44 (0) 20 7484 9000

 

FTI Consulting

Dido Laurimore/ Richard Gotla / Andrew Davis

Tel: +44 (0) 20 3727 1000

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