HML Holdings PLC Holding(s) in Company (0495H)
August 12 2016 - 3:54AM
UK Regulatory
TIDMHMLH
RNS Number : 0495H
HML Holdings PLC
12 August 2016
HML Holdings plc
("HML" or "the Group")
Holdings in Company
HML Holdings plc (AIM: HMLH), a leading provider of property
management, insurance and ancillary services to residential
property blocks, announces that on 11 August 2016 it was informed
that on that day, LTC Holdings plc ("LTC") sold 1,600,000 ordinary
share of 1.5 pence each ("Ordinary Shares") at a price of 30 pence
per Ordinary Share to certain institutional and other investors.
Following this transaction, LTC is interested in 11,637,999
Ordinary Shares representing 29.93 per cent. of the Company's total
voting rights.
Commenting on the sale, Adrian Collins, Non-Executive Director
of LTC said:
"We are pleased to add to the liquidity in HML's shares while
remaining long-term supporters of the business. This sale satisfies
our near term portfolio objectives and we look forward to the
continued success of the Company."
For further information, please contact:
HML Holdings plc
Robert Plumb, Chief Executive Officer
James Howgego, Finance Director Tel: 020 8439 8529
finnCap
Jonny Franklin-Adams / Giles Rolls - corporate finance Tel: 020
7220 0500
Mia Gardner - corporate broking
Tavistock Communications Group
James Verstringhe/Jeremy Carey Tel: 020 7920 3150
This information is provided by RNS
The company news service from the London Stock Exchange
END
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