Londonmetric Property Takeover Rumours (LMP)

Remember that NED came on board with the takeover

LondonMetric Property Plc ("LondonMetric") has been notified of a dealing in LondonMetric ordinary shares ("Shares") by Prestbury Management Holdings Limited ("PMHL"), a company closely asociated with Nick Leslau and Sandy Gumm, both of whom are Non-Executive Directors of LondonMetric. On 13 March 2025, PMHL sold 26,379,367 Shares at a price of 178.72 pence per Share ("Transaction"). This Transaction follows the expiry of a lock up period after LondonMetric's takeover of LXi in March 2024 where PMHL was a material shareholder. Following the Transaction, Mr Leslau, together with connected companies, continues to hold 26,408,757 Shares, representing approximately 1.3% of the issued share capital of LondonMetric. Ms Gumm separately holds 351,640 Shares. As Non-Executive Directors, both Mr Leslau and Ms Gumm are fully supportive of the Company and remain committed long-term shareholders. Just in case people missed the RNS