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Directors dealings: LondonMetric directors sell as quarterly dividend declared

Wed, 24th Aug 2016 17:55

(ShareCast News) - LondonMetric Property directors sold more than £1.5m-worth of shares in the company, which on Wednesday declared a first quarterly interim dividend of 1.8p a share.The ex-dividend date was 1 September, with the record date being 2 September and the dividend payment date diaried for 7 October.In addition, LondonMetric said it intended to put in place a scrip dividend scheme to allow applicable shareholders to elect to receive new shares in lieu of a cash dividend via a scrip dividend alternative."It is intended that the scheme will apply to the first quarterly dividend," the company said.Chief executive Andrew Jones sold 460,646 shares at 164.73p for a total of £758,822.16.Asset director Mark Sterling and investment director Valentine Beresford each sold 249,397 shares at 164.73p apiece, the pair netting £410,831 each.In June, LondonMetric granted options over a total of 2.2m shares under its long-term incentive plan, with 489,230 more shares granted to satsify bonuses. Jones, Stirling and Beresford were all granted shares at this time, among others.Top Director BuysEurocell (ECEL)Director name: Kalverboer,PatrickAmount purchased: 30,000 @ 162.00pValue: £48,600.00Octagonal (OCT)Director name: Gunn,JohnAmount purchased: 2,500,000 @ 1.20pValue: £30,000.00Octagonal (OCT)Director name: Gunn,JohnAmount purchased: 1,500,000 @ 1.25pValue: £18,675.00Miton Uk Microcap Trust (MINI)Director name: Windham,AsheAmount purchased: 21,480 @ 52.78pValue: £11,337.14Fbd Holdings (FBH)Director name: O'Connor,DavidAmount purchased: 1,500 @ € 7.00Value: € 10,500.00Miton Uk Microcap Trust (MINI)Director name: Windham,AsheAmount purchased: 10,740 @ 51.42pValue: £5,522.51Wireless Group (WLG)Director name: McKeown,NormanAmount purchased: 48 @ 312.40pValue: £149.95Wireless Group (WLG)Director name: Taunton,ScottAmount purchased: 48 @ 312.40pValue: £149.95Kaz Minerals (KAZ)Director name: Southam,AndrewAmount purchased: 77 @ 194.50pValue: £149.77Law Debenture Corp. (LWDB)Director name: Adams,MichaelAmount purchased: 30 @ 498.50pValue: £149.55Fidessa Group (FDSA)Director name: Hamer,JohnAmount purchased: 5 @ 2,490.00pValue: £124.50Fidessa Group (FDSA)Director name: Skelton ,Andy Amount purchased: 5 @ 2,490.00pValue: £124.50Fidessa Group (FDSA)Director name: Aspinwall,ChrisAmount purchased: 5 @ 2,490.00pValue: £124.50Top Director SellsLondonmetric Property (LMP)Director name: Jones,AndrewAmount sold: 460,646 @ 164.73pValue: £758,822.16Londonmetric Property (LMP)Director name: Beresford,ValentineAmount sold: 249,397 @ 164.73pValue: £410,831.68Londonmetric Property (LMP)Director name: Stirling,MarkAmount sold: 249,397 @ 164.73pValue: £410,831.68International Personal Finance (IPF)Director name: Ryan,Gerard Amount sold: 15,130 @ 267.00pValue: £40,397.10
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