6th Sep 2013 10:24
LONDON (Alliance News) - LondonMetric Property PLC said Friday that it has granted options at no cost over a total of 2.0 million shares under its long term incentive plan to its management team.
Chief Executive Andrew Jones received options over 839,895 shares, and Head of Investment Valentine Beresford and Head of Asset Management Mark Stirling each received options over 454,724 shares.
In addition, non-executive director James Dean has become a beneficial shareholder through his pension fund of 20,000 shares at 106.6 pence each, less than 0.1% of the company's total share capital.
The real estate investment trust's shares were trading up 0.20 pence at 108.80 pence Friday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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