TIDMLMP

RNS Number : 1466B

LondonMetric Property PLC

08 June 2021

8 June 2021

LONDONMETRIC PROPERTY PLC

Granting Of Share Awards

LondonMetric Property Plc ("LondonMetric" or "Company") announces the granting of share incentive awards in relation to the financial year ended 31 March 2021.

LondonMetric granted nil cost options over 1,822,860 ordinary shares of 10 pence each ("Shares") under the Company's Long Term Incentive Plan ("LTIP") on 4 June 2021.

Awards to notifiable interests are set out below.

 
                        Options awarded 
                          over Shares 
 Andrew Jones               484,839 
                       ---------------- 
 Martin McGann              235,038 
                       ---------------- 
 Valentine Beresford        236,531 
                       ---------------- 
 Mark Stirling              236,531 
                       ---------------- 
 Andrew Smith               138,782 
                       ---------------- 
 

Vesting of Shares awarded under the 2021 LTIP is subject to total shareholder return, total accounting return and earnings performance conditions measured over a three year period.

Further information on remuneration and the LTIP will be contained in the Company's 2021 Annual Report which will be published shortly.

-Ends-

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

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(END) Dow Jones Newswires

June 08, 2021 04:00 ET (08:00 GMT)

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