REG-Lon.&Assoc.Props PLC: Treasury Stock and Directors' Shareholdings

London & Associated PropertiesAnnouncement

24/12/2018 11:15

FOR IMMEDIATE RELEASE

24 December 2018

London & Associated Properties PLC (“the Company”):

Treasury Stock and Directors’ Shareholdings

On 21 December 2018 the Company was notified by the trustee of the HMRC
approved Share Incentive Plan (SIP) of the purchase of 1,593 ordinary shares
out of treasury at 26.00 pence per share (being the last stock exchange
closing mid – price on 20 December 2018).  These shares were purchased on
behalf of the Company’s directors and employees with cash accumulated from
dividends and will be distributed to members of the SIP as Dividend Shares.

Directors receiving shares and new beneficial holding totals are as follows-

                               
ADDITIONAL                NEW
TOTAL                  % OF ISSUED
                                  SHARES             
       HOLDING                         SHARES

Directors-  

J A Heller                         245         
               1,867,841                      
     2.19%

A K Thapar                      307             
            121,074                              0.14%

Following the issue of Treasury shares, J A Heller and his family had an
interest in 48,080,511 shares in the company representing 56.35% of the issued
share capital net of Treasury shares.

The Company now holds 218,197 shares in Treasury and has 85,324,514 ordinary
shares in issue (excluding treasury shares). This figure of 85,324,514
represents the total voting rights in the Company and may be used by
shareholders as the denominator for the calculations by which they can
determine if they are required to notify their interest in, or a change to
their interest in, the Company under the Financial Conduct Authority's
Disclosure and Transparency Rules.

Ends.

For further information, please contact:

Anil Thapar
Company Secretary
London & Associated Properties PLC
Tel: 020 7415 5000



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