Lon.&Assoc.Props PLC Treasury Stock and Directors' Shareholdings

 
TIDMLAS 
 
FOR IMMEDIATE RELEASE 
 
24 December 2018 
 
              London & Associated Properties PLC ("the Company"): 
 
                  Treasury Stock and Directors' Shareholdings 
 
On 21 December 2018 the Company was notified by the trustee of the HMRC 
approved Share Incentive Plan (SIP) of the purchase of 1,593 ordinary shares 
out of treasury at 26.00 pence per share (being the last stock exchange closing 
mid - price on 20 December 2018).  These shares were purchased on behalf of the 
Company's directors and employees with cash accumulated from dividends and will 
be distributed to members of the SIP as Dividend Shares. 
 
Directors receiving shares and new beneficial holding totals are as follows- 
 
                                ADDITIONAL                NEW 
TOTAL                  % OF ISSUED 
                                  SHARES                     HOLDING 
             SHARES 
 
Directors- 
 
J A Heller                         245 
 1,867,841                            2.19% 
 
A K Thapar                      307                          121,074 
                  0.14% 
 
Following the issue of Treasury shares, J A Heller and his family had an 
interest in 48,080,511 shares in the company representing 56.35% of the issued 
share capital net of Treasury shares. 
 
The Company now holds 218,197 shares in Treasury and has 85,324,514 ordinary 
shares in issue (excluding treasury shares). This figure of 85,324,514 
represents the total voting rights in the Company and may be used by 
shareholders as the denominator for the calculations by which they can 
determine if they are required to notify their interest in, or a change to 
their interest in, the Company under the Financial Conduct Authority's 
Disclosure and Transparency Rules. 
 
                                     Ends. 
 
For further information, please contact: 
 
Anil Thapar 
Company Secretary 
London & Associated Properties PLC 
Tel: [phone] 
 
 
 
END 
 

(END) Dow Jones Newswires

December 24, 2018 06:11 ET (11:11 GMT)