RNS Number : 5760Z
Hongkong Land Hldgs Ltd
16 May 2023
 

HONGKONG LAND HOLDINGS LIMITED

 

NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name: Robert Lambard Garman

 

2

Reason for the notification

 

a)

Position/Status: Executive Director - Commercial Property, South Asia

 

b)

Initial notification/Amendment: Initial Notification

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name: Hongkong Land Holdings Limited

 

b)

LEI: 213800XCHYNRPAYGXW28

 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

Description of the financial instrument:

Notional share options, being a right to exercise such options in return for cash


Identification code: BMG4587L1090

 

b)

Nature of the transaction:

Exercise of notional share options, entitling the option holder to receive cash equivalent to the difference between the allocation price of US$3.937 and the market price of the underlying shares on the trading day preceding the date of exercise

c)

Price(s) and Volume(s):

 

Price(s)

US$3.937

 

Volume(s)

30,000

 

d)

Aggregated price:

Aggregated volume:

 

N/A - Single transaction

e)

Date of the transaction: 11th May 2023

 

f)

Place of the transaction: Outside a trading venue

 

 

Jonathan Lloyd, Jardine Matheson Limited
For and on behalf of Hongkong Land Holdings Limited

 

16th May 2023

 

www.hkland.com

 

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