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LondonMetric Directors Maintain Commitment Despite Share Sale

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LondonMetric Directors Maintain Commitment Despite Share Sale

LondonMetric Property ( (GB:LMP) ) has shared an update.

LondonMetric Property Plc announced that Prestbury Management Holdings Limited, associated with its Non-Executive Directors Nick Leslau and Sandy Gumm, sold over 26 million shares following the expiry of a lock-up period post the LXi takeover. Despite the sale, both directors remain committed long-term shareholders, with Mr. Leslau holding approximately 1.3% of the company’s issued share capital.

More about LondonMetric Property

LondonMetric Property Plc operates in the real estate sector, focusing on property investment and management. The company primarily deals with logistics, long income, and retail properties, aiming to deliver reliable income and capital growth for its stakeholders.

YTD Price Performance: 0.15%

Average Trading Volume: 5,688,326

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £3.63B

For a thorough assessment of LMP stock, go to TipRanks’ Stock Analysis page.

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