14th Mar 2025 11:11
LondonMetric Property PLC - London-based real estate investment trust - Non-executive directors Nick Leslau and Sandy Gumm sell 26.4 million shares via Prestbury Management Holdings Ltd at 178.72 pence per share, worth GBP47.1 million, on Thursday. Prestbury was a large shareholder in LXi REIT PLC, with which LondonMetric completed an all-share merger in March last year. The sale of LondonMetric shares follows the expiry of the lock-up period following the acquisition. Laslau retains 26.4 million shares, a 1.3% stake, while Gumm still has 351,640. "As non-executive directors, both Mr Leslau and Ms Gumm are fully supportive of the company and remain committed long-term shareholders," LondonMetric says. Read More
