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LondonMetric Property PLC announced on June 6, 2023, the granting of nil cost share incentive awards under its Long Term Incentive Plan. These awards, relating to the financial year ended 31 March 2023, were granted on June 2, 2023, over a total of 2,831,462 ordinary shares of 10 pence each. Specific awards included 692,704 shares to Andrew Jones and 365,669 shares to Martin McGann among other notifiable interests.
| Date | 6 Jun 2023 |
| Time | 10:15:02 |
| Category | Director/PDMR dealings |
| ID | 8099B |
6 June 2023
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 2023.
LondonMetric granted nil cost options over 2,831,462 ordinary shares of 10 pence each ("Shares") under the Company's Long Term Incentive Plan ("LTIP") on 2 June 2023.
Awards to notifiable interests are set out below.
|
|
Options awarded over Shares |
|
Andrew Jones |
692,704 |
|
Martin McGann |
365,669 |
|
Valentine Beresford |
361,679 |
|
Mark Stirling |
340,483 |
|
Andrew Smith |
246,166 |
Vesting of Shares awarded under the 2023 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 2023 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