5 Mar 2013 07:00
For Immediate Release | 5 March 2013 |
LXB RETAIL PROPERTIES PLC
(the "Company")
PDMR Shareholding
The Company was informed on 4 March 2013 that on that day, Jon McCarthy, of LXB Manager LLP, sold 350,000 ordinary shares in the Company at a price of 118 pence per share.
Following this transaction Jon McCarthy holds 1,065,551 ordinary shares in the Company, which represents 0.44% of the Company's issued share capital.
The group headed by LXB3 Partners LLP, which includes LXB Manager LLP, is a related party of the Company. LXB Manager LLP is the Investment Advisor to the LXB Retail Properties Plc Group. Following the above transaction, the individual members of LXB3 Partners LLP who were involved in the business of the LLP, hold an aggregate total of 11,353,637 ordinary shares in the Company, which represents 4.70% of the Company's issued share capital.
For further information please contact:
LXB Manager LLP Tel: 020 7432 7900
Tim Walton, CEOBrendan O'Grady, FD
Buchanan Tel: 020 7466 5000
Charles Ryland/Sophie McNulty/Helen Greenwood