Last checked at 7 Jun 2019 08:00
LONDON AND ASSOCIATED PROPERTIES PLC - Director/PDMR ShareholdingLONDON AND ASSOCIATED PROPERTIES PLC - Director/PDMR Shareholding
PR Newswire
London, June 6
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) |
| ||||
| 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