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DIRECTOR DEALINGS: LondonMetric Chairman Sells 1.1 Million Shares

16th Mar 2015 11:31

LONDON (Alliance News) - LondonMetric Property PLC Monday said Chairman Patrick Vaughan sold 1.1 million shares at a price of 160 pence per share on Friday.

The deal is worth about GBP1.7 million gross.

Following this transaction, Vaughan holds 15.3 million shares, which represents 2.43% of the issued share capital.

Thye company also said that Mark Stirling, a director of the company, and Karen Stirling, his wife, together disposed of 36,000 shares at a price of 159.44 pence each on Friday. Mark Stirling subsequently purchased 62,457 Shares at 160.08 pence per share which increases his total interest in the company to 1.6 million Shares, representing 0.26% of the issued share capital

LondonMetric's shares were up 0.6% at 162.70p Monday.

By Arvind Bhunjun; [email protected]; @ArvindBhunjun

Copyright 2015 Alliance News Limited. All Rights Reserved.


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