28th Feb 2011 12:51
London & Associated Properties PLC ("the Company)
On 28 February 2011 the Company issued from Treasury 675,004 shares to cover bonuses and issues under the Company's HMRC approved Share Incentive Plan (SIP) to directors and staff at 41.75 pence per share.
Directors and PDMR's receiving shares and directors' new beneficial holding totals are as follows -
ADDITIONAL NEW TOTAL % OF ISSUED SHARES HOLDING SHARESDirector -M A Heller 479,041 6,495,618 7.71%R J Corry 33,487 996,014 1.18%M C Stevens 40,527 962,853 1.14%PDMR's -Members of staff 121,949TOTAL 675,004 shares
The Company now holds 1,282,530 shares in Treasury. For reporting purposes under section 792 of the Companies Act 2006 the market should exclude any shares held in Treasury and use an issued share capital figure of 84,260,181 shares.
Date 28 February 2011
For further information, please contact:
Michael Stevens
Director/Secretary London & Associated Properties plc
Telephone number 020 7415 5000
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London & Associated Properties