RNS Number : 2427C

LondonMetric Property PLC

17 June 2021

17 June 2021



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

In respect of the Company's 2018 Long Term Incentive Plan ("LTIP"), 2,339,267 ordinary shares of 10 pence each ("Shares") vested on 15 June 2021. Details of vested Shares and associated dealings in respect of notifiable interests are disclosed in the table and notes below.

                        2018 LTIP    Vesting Shares       Increase      Beneficial 
                          Shares         disposed       in holding(3)     holding 
                         vested(1)      to satisfy                       as at 16 
                                      tax and other                      June 2021 
 Andrew Jones            637,392         300,476          336,916       4,909,823 
                       -----------  ----------------  ---------------  ----------- 
 Martin McGann           345,091         162,681          182,410       3,171,897 
                       -----------  ----------------  ---------------  ----------- 
 Valentine Beresford     363,393         171,309          192,084       3,631,407 
                       -----------  ----------------  ---------------  ----------- 
 Mark Stirling           363,393         271,309          113,074       2,956,059 
                       -----------  ----------------  ---------------  ----------- 
 Andrew Smith            167,485         78,955            88,530        456,072 
                       -----------  ----------------  ---------------  ----------- 
   1.     Inclusive of entitlement to the fourth quarter dividend 
   2.     Shares were disposed on 15 and 16 June 2021 at an average price of 234.5 pence per Share 

3. In respect of Mark Stirling, the increase in holding includes for the acquisition of 20,990 Shares into an ISA at a price of 238.4 pence per Share on 14 June 2021

Further information on remuneration and the LTIP is contained in the Company's 2021 Annual Report which is available at 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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(END) Dow Jones Newswires

June 17, 2021 05:00 ET (09:00 GMT)

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