London & Associated Properties PLC ("the Company")
Treasury Stock and Share Incentive Plan
On 12 December 2014 the Company issued from Treasury 1,918 shares at 39.50p
under the Company's HMRC approved Share Incentive Plan (SIP) to directors and
staff. With regard to these shares the Trustee of the SIP will pay cash of £
757.61 to the Company for 1,918 shares at 39.50p (being last night's closing
mid-price) from cash accumulated from dividends which will be distributed to
members of the SIP as Dividend Shares.
Directors and PDMR's receiving shares and directors' new beneficial holding
totals are as follows -
ADDITIONAL NEW TOTAL % OF ISSUED
SHARES HOLDING SHARES
Director -
J A Heller 253 1,668,976 1.97%
R J Corry 293 1,040,637 1.23%
PDMR's-
Members of staff 1,372
TOTAL 1,918 shares
The Company now holds 1,032,991 shares in Treasury. For reporting purposes
under section 792 of the Companies Act 2006 the market should exclude any
shares held in Treasury and use an issued share capital figure of 84,509,720
shares.
Date: 12 December 2014
For further information, please contact:
Heather Curtis
Company Secretary
London & Associated Properties PLC
Tel: 020 7415 5000
