18th Jan 2008 13:00
Local Shopping REIT (The) PLC18 January 2008 The Local Shopping REIT plc 18 January 2008 Transfer of Treasury Shares to Employee Benefit Trust In accordance with its obligations under rule 12.6.4 of the Disclosure andTransparency Rules The Local Shopping REIT plc ("the Company") announces that on17 January 2008 the Company transferred 25,000 of the Company's ordinary sharesof nominal value of 20 pence out of treasury to the trustee of the Company'semployee benefit trust, LSR Trustee Limited ("the Trustee"). No considerationwas paid for the shares transferred. The shares were transferred to the Trustee for the purpose of satisfying awardsmade by the Trustee under the Company's Long Term Incentive Plan when suchawards are exercised. Following the transfer The Local Shopping REIT plc holds 7,528,750 ordinaryshares in treasury and has 92,964,040 ordinary shares in issue (excludingtreasury shares). Enquiries: Bill HeaneyCompany Secretary020 7187 4444 END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
LSR.L