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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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