Director Shareholding

RNS Number : 9775N
Capital & Regional plc
01 November 2016
 

 

1 November 2016

 

CAPITAL & REGIONAL PLC ("Capital & Regional" or "the Company")

UK company number 01399411

LSE share code: CAL             

ISIN: GB0001741544

LEI: 21380097W74N9OYF5Z25

 

DIRECTOR SHAREHOLDING

 

The Company has received notification of the following transactions involving the acquisition of ordinary shares of 1 pence each ('Shares') in the Company on 28 October 2016 through the Company's Scrip Dividend Scheme.  The Shares, with exception of Exdiem Trust, were acquired on the London Stock Exchange at 61.58 pence per share, being the Scrip Dividend Scheme reference share price.  Exdiem Trust acquired shares on the Johannesburg Stock Exchange at ZAR 1,091.81, being the Scrip Dividend Scheme reference share price as converted to Rand at the time the pricing was announced.

 

Beneficial holder

Number of Shares acquired through the Scrip

Total Shares in which an interest is held

John Clare, Chairman

14,576

707,175

Hugh Scott-Barrett, Chief Executive

37,461

2,197,461

Kiyoma Lakes Trust

2,609

126,609

Rose Trust

2,045

99,245

Exdiem Trust

26,063

1,375,498

 

Family members of Louis Norval, a Non-Executive Director, have a beneficial interest in The Kiyoma Lakes Trust and Rose Trust.  Following these transactions the revised beneficial interest of Louis Norval and his family members in ordinary shares of the Company is 137,102,157.  Exdiem Trust is a connected party of Louis Norval although he does not have a beneficial interest in the entity.

 

Separate to the above the Company received notification on 31 October 2016 that PDI Investment Holdings Ltd had pledged on 31 October 2016 a further 25,751,894 of its holding of ordinary shares in the Company as security in respect of an investment arrangement.  This results in all of PDI Investment Holdings Ltd's shareholding of 65,462,806 shares, representing 9.321% of the Company's issued share capital, being subject to the pledge.  The shareholding is maintained on the London Stock Exchange.  Louis Norval, a Non-Executive Director of the Company, has a beneficial interest in PDI Investment Holdings Ltd. 

 

This announcement is made in accordance with the requirements of the EU Market Abuse Regulation.

 

- ENDS -

 

For further information:

Capital & Regional:

Tel:  020 7932 8000

Hugh Scott-Barrett, Chief Executive


Charles Staveley, Group Finance Director




FTI Consulting:

Tel: 020 3727 1000

Richard Sunderland

Claire Turvey

capreg@fticonsulting.com


 

Notes to editors:

About Capital & Regional plc

Capital & Regional is a UK focused specialist property REIT with a strong track record of delivering value enhancing retail and leisure asset management opportunities across a c. £1 billion portfolio of in-town dominant community shopping centres.  Capital & Regional is listed on the main market of the London Stock Exchange and has a secondary listing on the Johannesburg Stock Exchange.   

 

Capital & Regional owns seven shopping centres in Blackburn, Camberley, Hemel Hempstead, Luton, Maidstone, Walthamstow and Wood Green. It also has a 20% joint venture interest in the Kingfisher Centre in Redditch and a 50% joint venture in the Buttermarket Centre, Ipswich.  Capital & Regional manages these assets, which comprise over 950 retail units and attract over 1.7 million shopping visits each week, through its in-house expert property and asset management platform.

 

For further information see www.capreg.com.

 

 

 

 


This information is provided by RNS
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