14th Jun 2011 08:16
14 June 2011
LXB Retail Properties Plc ("LXB Retail", the "Company")
Director/PDMR Shareholding
LXB Retail has today been notified that Philip Wrigley, Stephen Webb and Daniel Kitchen, all Directors of the Company, have purchased, respectively, 174,786, 43,697 and 87,719 Shares at a price of 114 pence per Share pursuant to the Placing announced on 26 May 2011.
Following these transactions, the holdings of the above Directors are as follows:
No. of shares | % of issued share capital | |
Philip Wrigley | 447,748 | 0.18 |
Stephen Webb | 111,938 | 0.04 |
Daniel Kitchen1 | 467,927 | 0.18 |
1 Held through personal pension schemes issued by (i) Ark Life Assurance Co., the trustee of which is Quattrocento Limited (of which Mr Kitchen is the managing director) and (ii) IPS Pension Builder, the trustee of which is Union Pension Trustees.
Capitalised terms used, but not defined, in this announcement have the same meanings as given to them in the Company's circular posted to Shareholders in connection with the Placing, unless the context otherwise requires.
For further information please contact:
LXB Manager LLP Tel: 020 7432 7900
Tim Walton, CEO
Brendan O'Grady, FD
Buchanan Communications Tel: 020 7466 5000
Charles Ryland / Nicola Cronk
Related Shares:
LXB.L