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Pin to quick picksLondonMetric Share News (LMP)

Share Price Information for LondonMetric (LMP)

London Stock Exchange
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Share Price: 194.90
Bid: 195.40
Ask: 195.80
Change: -1.70 (-0.86%)
Spread: 0.40 (0.205%)
Open: 192.00
High: 196.60
Low: 191.90
Prev. Close: 196.60
LMP Live PriceLast checked at -

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Director dealings: Londonmetric chairman lowers stake

Thu, 17th Dec 2020 15:49

(Sharecast News) - Londonmetric revealed on Thursday that chairman Patrick Vaughan had disposed of 500,000 ordinary shares in the FTSE 250-listed property company.
Vaughan, who took over as chairman following the group's merger with London and Stamford in 2013, sold the shares on Wednesday at an average price of 230.0p each, for a total value of £1.14m.

Back in November, Londonmetric increased its dividend as it reported strong rent collection and higher revenue in the first half.

Rent collection was "strong" during the Covid-19 crisis with 98% of third-quarter rents received with 1% deferred. The FTSE 250 property group increased its first-half dividend by 5% to 4.2p a share.

As of 1640 GMT, Londonmetric shares were up 1.99% at 235.60p.

Top Director Buys

Smith (ds) (SMDS)
Director name: Marsh ,Adrian
Amount purchased: 55,893 @ 382.40p
Value: £213,734.83

Lloyds Banking Group (LLOY)
Director name: Horta-Osorio,Antonio
Amount purchased: 377,738 @ 36.83p
Value: £139,124.68

Compass Group (CPG)
Director name: Witts,Karen
Amount purchased: 7,011 @ 1,415.50p
Value: £99,240.70

City Of London Investment Group (CLIG)
Director name: Aling,Barry
Amount purchased: 20,000 @ 429.73p
Value: £85,945.10

Cyanconnode Holdings (CYAN)
Director name: Cronin ,John
Amount purchased: 1,467,391 @ 4.60p
Value: £67,499.99

Lloyds Banking Group (LLOY)
Director name: Chalmers,William
Amount purchased: 181,314 @ 36.83p
Value: £66,779.76

Proactis Holdings (PHD)
Director name: Brown,Nick
Amount purchased: 67,415 @ 44.50p
Value: £29,999.67

Proton Motor Power Systems (PPS)
Director name: Kotlarzewski,Roman
Amount purchased: 50,000 @ 58.00p
Value: £29,000.00

Proton Motor Power Systems (PPS)
Director name: Gierse,Helmut
Amount purchased: 50,000 @ 58.00p
Value: £29,000.00

Proton Motor Power Systems (PPS)
Director name: Limbrunner,Manfred
Amount purchased: 50,000 @ 58.00p
Value: £29,000.00

Income & Growth Vct (IGV)
Director name: Helfgott,Maurice
Amount purchased: 30,000 @ 66.56p
Value: £19,968.00

Non-standard Finance (NSF)
Director name: Gregson,Charles Henry
Amount purchased: 272,600 @ 3.13p
Value: £8,532.38

City Of London Inv Trust (CTY)
Director name: Wren,Samantha
Amount purchased: 133 @ 364.46p
Value: £484.73

Sthree (STEM)
Director name: Smith,Alex
Amount purchased: 61 @ 301.03p
Value: £183.63

Funding Circle Holdings (FCH)
Director name: Desai,Samir
Amount purchased: 179 @ 83.80p
Value: £150.00

Funding Circle Holdings (FCH)
Director name: White,Oliver
Amount purchased: 179 @ 83.80p
Value: £150.00

Severfield (SFR)
Director name: Cochrane,Ian
Amount purchased: 177 @ 70.60p
Value: £124.96

Severfield (SFR)
Director name: Dunsmore,Alan
Amount purchased: 177 @ 70.60p
Value: £124.96

Victrex Plc (VCT)
Director name: Court ,Martin
Amount purchased: 5 @ 2,276.00p
Value: £113.80



Top Director Sells

Ceres Power Holdings (CWR)
Director name: Caldwell ,Philip
Amount sold: 387,007 @ 1,017.10p
Value: £3,936,248.01

Londonmetric Property (LMP)
Director name: Vaughan,Patrick
Amount sold: 500,000 @ 230.00p
Value: £1,149,999.98

Ceres Power Holdings (CWR)
Director name: Preston,Richard
Amount sold: 102,158 @ 1,017.10p
Value: £1,039,048.97

Gamma Communications (GAMA)
Director name: Stone,Andrew Jonathan
Amount sold: 30,000 @ 1,550.00p
Value: £465,000.00

Gamma Communications (GAMA)
Director name: Stone,Andrew Jonathan
Amount sold: 30,000 @ 1,500.35p
Value: £450,105.00

Smith (ds) (SMDS)
Director name: Marsh ,Adrian
Amount sold: 105,659 @ 383.00p
Value: £404,673.96

Gamma Communications (GAMA)
Director name: Stone,Andrew Jonathan
Amount sold: 20,000 @ 1,520.16p
Value: £304,032.19

Nakama Group (NAK)
Director name: Sheffield,Tim
Amount sold: 28,430,000 @ 0.50p
Value: £142,150.00

Uls Technology (ULS)
Director name: Williams,John
Amount sold: 86,304 @ 80.30p
Value: £69,302.11

Ceres Power Holdings (CWR)
Director name: Preston,Richard
Amount sold: 29,625 @ 85.00p
Value: £25,181.25

More News
8 Dec 2020 08:15

LondonMetric leases Tyseley development to mystery retailer

(Sharecast News) - Property group LondonMetric has leased its Tyseley development near Birmingham to an unnamed retailer on a new 15-year lease at an annual rent of £1.6m.

Read more
23 Nov 2020 13:28

Monday broker round-up

(Sharecast News) - DWF Group: Liberum initiates at hold with a target price of 90p.

Read more
19 Nov 2020 07:44

LondonMetric ups dividend after strong rent collection

(Sharecast News) - LondonMetric increased its dividend as the property company reported strong rent collection and higher revenue in the first half.

Read more
15 Oct 2020 09:23

LondonMetric makes £22.2m from disposals

(Sharecast News) - LondonMetric Property said on Thursday that it has sold four retail properties from its long income portfolio for £22.2m and bought three convenience stations for £10.8m.

Read more
15 Oct 2020 08:47

Rolls-Royce prices £2bn in senior notes as part of recapitalisation

(Sharecast News) - Rolls-Royce has priced an offering of three tranches of senior unsecured notes denominated in dollars, euros and sterling, it announced on Thursday, to raise £2bn, as part of its recapitalisation package.

Read more
12 Oct 2020 08:18

LondonMetric collects 94% of October rents

(Sharecast News) - Property company LondonMetric on Monday said it had collected 94% of rent due up to October as tenants started repaying quarterly instead of monthly after coronavirus lockdown measures were eased.

Read more
11 Sep 2020 07:28

LondonMetric sells six distribution warehouses for £57.3m

(Sharecast News) - LondonMetric Property announced the disposal of a portfolio of six distribution warehouses for £57.3m to Canmoor and Canadian institutional investor AIMCo on Friday, reflecting a blended net initial yield of 5.3%.

Read more
7 Jul 2020 14:00

Tuesday broker round-up

(Sharecast News) - Unite Group: Peel Hunt upgrades to add with a target price of 1,000.0p.

Read more
7 Jul 2020 10:13

Liberum raises target price on LondonMetric

(Sharecast News) - Analysts at Liberum raised their target price on British property company LondonMetric from 180.0p to 210.0p on Tuesday, stating the group's valuation was supported by a 4.0% dividend yield.

Read more
2 Jul 2020 07:24

LondonMetric to raise dividend after 'strong' rent collection

(Sharecast News) - LondonMetric Property said on Thursday that 95% of advance rental payments due up to 24 June had been collected, or was being collected monthly.

Read more
25 Jun 2020 08:09

LondonMetric makes two new property acquisitions

(Sharecast News) - LondonMetric Property announced two acquisitions for a total consideration of £72.9m on Thursday, with both transactions having previously been identified by the company at the time of its recent equity placing.

Read more
16 Jun 2020 14:32

Tuesday broker round-up

(Sharecast News) - Big Yellow: Berenberg downgrades to hold with a target price of 1,050p.

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10 Jun 2020 07:03

LondonMetric pays Q4 dividend, eyes rise in online food shopping

(Sharecast News) - Property manager LondonMetric paid a fourth quarter dividend as looked to cash in on the rise in online shopping during the coronavirus lockdown.

Read more
3 Jun 2020 09:12

Londonmetric acquires two long income assets

(Sharecast News) - Real estate investment trust Londonmetric acquired two long income assets on Wednesday for a total of £11.6m, reflecting a blended net initial yield of 5.1%.

Read more
5 May 2020 13:27

Tuesday broker round-up

(Sharecast News) - Stagecoach Group: Canaccord upgrades to buy with a target price of 110p.

Read more

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