17th Dec 2012 11:06
LONDON AND ASSOCIATED PROPERTIES PLC - Treasury Stock and Share Investment PlanLONDON AND ASSOCIATED PROPERTIES PLC - Treasury Stock and Share Investment Plan
PR Newswire
London, December 17
London & Associated Properties PLC ("the Company)
On 17 December 2012 the Company issued from Treasury 24,782 shares at 21.75punder the Company's HMRC approved Share Incentive Plan (SIP) to directors andstaff. With regard to these shares the Trustee of the SIP will pay cash of £5,390.09 to the Company for 24,782 shares at 21.75p (being last night's closingmid-price) from cash accumulated from dividends which will be distributed tomembers of the SIP as Dividend Shares.
Directors and PDMR's receiving shares and directors' new beneficial holdingtotals are as follows -
ADDITIONAL NEW TOTAL % OF ISSUED SHARES HOLDING SHARES Director -J A Heller 2,211 1,632,860 1.94%R J Corry 2,462 1,000,817 1.19%PDMR's -Members of staff 20,109TOTAL 24,782 sharesThe Company now holds 1,513,616 shares in Treasury. For reporting purposesunder section 792 of the Companies Act 2006 the market should exclude anyshares held in Treasury and use an issued share capital figure of 84,029,095shares.
Date 17 December 2012
For further information, please contact:
Heather Curtis
Secretary
London & Associated Properties plc
Telephone number 020 7415 5000
Related Shares:
London & Associated Properties