Capital & Regional plc Director Shareholding (6710J)
September 13 2016 - 3:00AM
UK Regulatory
TIDMCAL
RNS Number : 6710J
Capital & Regional plc
13 September 2016
13 September 2016
CAPITAL & REGIONAL PLC ("Capital & Regional" or "the
Company")
UK company number 01399411
LSE share code: CAL
ISIN: GB0001741544
LEI: 21380097W74N9OYF5Z25
DIRECTOR SHAREHOLDING
On 12 September 2016 the Company received notification that PDI
Investment Holdings Ltd had entered into the following arrangements
in respect of their holdings of ordinary shares in the Company:
-- On 31 May 2016 PDI Investment Holdings Ltd pledged 33,649,302
ordinary shares in the Company as security in respect of an
investment arrangement. The terms of the arrangement means that the
number of shares pledged is periodically reviewed and is subject to
change.
-- On 4 July 2016 a further 9,169,570 ordinary shares in the
Company were pledged, resulting in a total of 42,818,872 shares
being subject to the pledge.
-- On 17 August 2016, 3,107,960 ordinary shares in the Company
were released resulting in 39,710,912 being currently pledged.
Louis Norval, a Non-Executive Director of the Company, has a
beneficial interest in PDI Investment Holdings Ltd. PDI Investment
Holdings Ltd has a total shareholding of 65,462,806 shares,
representing 9.342% of the Company's issued share capital, this
includes the 39,710,912 of shares currently pledged. The
shareholding is maintained on the London Stock Exchange.
ENDS
For further information:
Capital & Regional: Tel: 020 7932 8000
Hugh Scott-Barrett, Chief
Executive
Charles Staveley, Group
Finance Director
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. GBP1 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
The company news service from the London Stock Exchange
END
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