LondonMetric directors up stake in company

Investment director Valentine Beresford purchased the largest stake, buying 31,076 shares for just over £50,000.

Strategy director Andrew Smith also bought 15,000 shares for £24,300.

Meanwhile chief executive Andrew Jones through his wife Rosalind sold 20,000 shares for just over £32,000 but then repurchased them as well as an additional 5,000 shares for £40,500.

Asset director Mark Stirling also did a similar thing, selling 45,000 shares held by him and his wife Karen for nearly £72,500.

He then repurchased them in his name as well as an extra 5,000 shares for £80,850.

The company on Wednesday announced a second interim dividend of 3.75p per share to be paid in early April, which will lift the full year dividend 3.6% on the previous year to 7.25p.

During the weeks since 30 September, LondonMetric completed £75.6m of investment activity, with £92.7m of disposals across the retail and leisure portfolio including £10.2m for an Odeon Multiplex Cinema in Preston and £29.5m for three retail parks at Camborne, Haverhill and Bristol.

It also made £31.2m of distribution acquisitions and a £18.2m distribution disposal.

Top Director Buys

Londonmetric Property (LMP)
Director name: Stirling,Mark
Amount purchased: 50,000 @ 161.70p
Value: £80,850.00

Londonmetric Property (LMP)
Director name: Beresford,Valentine
Amount purchased: 31,076 @ 160.90p
Value: £50,001.28

Londonmetric Property (LMP)
Director name: Jones,Andrew
Amount purchased: 25,000 @ 162.00p
Value: £40,500.00

Booker Group (BOK)
Director name: Hughes,Gary W
Amount purchased: 20,000 @ 168.30p
Value: £33,660.00

Third Point Offshore Investors Ltd. Gbp Shares (TPOG)
Director name: Legg,Christopher F L
Amount purchased: 3,000 @ $14.02
Value: $29,612.77

3i Group (III)
Director name: Thompson,Simon R
Amount purchased: 6,128 @ 419.86p
Value: £25,729.02

Northgate (NTG)
Director name: Contreras,Bob (Robert)
Amount purchased: 6,000 @ 337.68p
Value: £20,260.80

Minds + Machines Group Limited (di) (MMX)
Director name: Elliott,Guy
Amount purchased: 230,000 @ 8.41p
Value: £19,343.00

North Midland Construction (NMD)
Director name: Langman,Andrew David
Amount purchased: 13,349 @ 113.20p
Value: £15,111.07

3i Group (III)
Director name: Verluyten,Martine
Amount purchased: 3,000 @ 419.86p
Value: £12,595.80

3i Group (III)
Director name: Asquith,Jonathan
Amount purchased: 3,000 @ 419.86p
Value: £12,595.80

3i Group (III)
Director name: Hutchison,David
Amount purchased: 3,000 @ 419.86p
Value: £12,595.80

3i Group (III)
Director name: Grosch,Peter
Amount purchased: 1,249 @ 419.86p
Value: £5,244.05

Baillie Gifford Shin Nippon (BGS)
Director name: Donaldson,Michael Neil
Amount purchased: 334 @ 447.50p
Value: £1,494.65

B.p. Marsh & Partners (BPM)
Director name: Topping ,Daniel
Amount purchased: 759 @ 154.65p
Value: £1,173.79

Close Brothers Group (CBG)
Director name: Prebensen,Preben
Amount purchased: 12 @ 1,246.00p
Value: £149.52

Minds + Machines Group Limited (di) (MMX)
Director name: Salazar ,Michael
Amount purchased: 50 @ 8.50p
Value: £4.25

Top Director Sells

Londonmetric Property (LMP)
Director name: Stirling,Mark
Amount purchased: 45,000 @ 161.10p
Value: £72,495.00

Londonmetric Property (LMP)
Director name: Jones,Andrew
Amount purchased: 20,000 @ 161.30p
Value: £32,260.00

North Midland Construction (NMD)
Director name: Langman,Andrew David
Amount purchased: 13,453 @ 113.00p
Value: £15,201.89