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On 6 June 2022, LondonMetric Property Plc granted nil cost options over 1,853,585 ordinary shares of 10 pence each under its Long Term Incentive Plan. Specific awards included 479,000 options to Andrew Jones, 248,222 to Martin McGann, 245,513 to Valentine Beresford, 238,597 to Mark Stirling, and 150,930 to Andrew Smith.
| Date | 7 Jun 2022 |
| Time | 09:00:03 |
| Category | Director/PDMR dealings |
| ID | 9074N |
7 June 2022
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 2022.
LondonMetric granted nil cost options over 1,853,585 ordinary shares of 10 pence each ("Shares") under the Company's Long Term Incentive Plan ("LTIP") on 6 June 2022.
Awards to notifiable interests are set out below.
|
|
Options awarded over Shares |
|
Andrew Jones |
479,000 |
|
Martin McGann |
248,222 |
|
Valentine Beresford |
245,513 |
|
Mark Stirling |
238,597 |
|
Andrew Smith |
150,930 |
Vesting of Shares awarded under the 2022 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 2022 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