FOR IMMEDIATE RELEASE
7 June 2019
London & Associated Properties PLC ("LAP" or the "Company")
Director/PDMR Shareholding
The Company has today been notified that on 6 June 2019, Mr John A Heller (a director of the Company), transferred 200,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares") into his Self-Invested Personal Pension for a consideration of 25p per Ordinary Share (the "Transfer").
Following the Transfer Mr John A Heller and his family’s holding remains unchanged at 48,080,511 shares in the company representing 56.35% of the issued share capital net of Treasury shares.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further details of the Transfer.
| 1 |
Details of the person discharging managerial responsibilities / person closely associated |
| a) |
Name |
Mr John A Heller |
| 2 |
Reason for the notification |
| a) |
Position/status
|
Mr John A Heller is a director of the Company |
| b) |
Initial notification /Amendment |
Initial notification |
| 3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) |
Name |
London & Associated Properties PLC |
| b) |
LEI
|
213800GLCG54Q578EX51 |
| 4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
| a) |
Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 10 pence each in the Company (“Ordinary Shares”)
GB0005234223 |
| b) |
Nature of the transaction |
Transfer of Ordinary Shares from Mr John A Heller to his Self-Invested Personal Pension |
c) |
Price(s) and volume(s)
|
| Price(s) |
Volume(s) |
25p per share |
200,000 Ordinary Shares |
|
| d) |
Aggregated information
- Aggregated volume
- Price |
N/A (single transaction) |
| e) |
Date of the transaction |
06/06/2019 |
| f) |
Place of the transaction
|
LSE |
Contact: Jonathan Mintz, Company Secretary 020 7415 5000