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Leeds Site and Directors' Shareholdings

Date : 09/05/2011 @ 6:32AM
Source : UK Regulatory (RNS & others)
Stock : Latham(James) (LTHM)
Quote : 592.5  5.0 (0.85%) @ 8:01AM
James Latham share price Chart

Leeds Site and Directors' Shareholdings

TIDMLTHM

RNS Number : 6199N

Latham(James) PLC

05 September 2011

James Latham plc

("James Latham" or the "Company")

Leeds Site and Directors' Shareholdings

James Latham announces that on 1 September 2011 it completed the purchase of a freehold site in Leeds for GBP2.7m, funded by a loan from Clydesdale Bank. This site will be improved with modern efficient racking systems to provide opportunities for growth for the business currently carried out at our Ossett depot.

James Latham announces that the Trustees of the Company's SIPS scheme allocated 5,302 ordinary 25p shares in the Company on 30 August 2011 at 240.5p per share to the following Directors:

 
               SIPS Scheme     Current           Percentage of the 
                Allocation   Shareholding   Company's Total Voting Rights 
Peter Latham       423        1,103,060                5.73% 
David Dunmow      2,309        71,487                  0.37% 
Chris Sutton       156         13,038                  0.07% 
Nick Latham       2,316        595,220                 3.09% 
Pippa Latham       98          364,902                 1.90% 
 

The resultant shareholding in the Employee Benefit Trust is 194,237 ordinary shares. These shares are not allocated to specific employees, although some of the shares may in future be allocated to directors of the Company.

For further information please visit www.lathams.co.uk or contact:

 
 James Latham Plc                 Tel: 01442 849 100 
 Peter Latham, Chairman 
 David Dunmow, Finance Director 
 
 Northland Capital Partners -     Tel: 020 7796 8800 
  Nomad & Broker 
 Shane Gallwey / Tim Metcalfe 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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