St Mark Homes Plc Offer Update
November 18 2016 - 8:51AM
UK Regulatory
TIDMSMAP
ST MARK HOMES PLC
St Mark Open Offer / Issue of Equity
18 November 2016
On 12 October 2016 St Mark Homes PLC launched an Open Offer of up to 1,243,932
Open Offer Shares at GBP1.05 per share on the basis of 1 Open Offer Share for
every 3 Ordinary Shares held.
The period for acceptance of the offer ended at 11:00 am today. Valid
acceptances were received in respect of 661,207 shares and the board have
resolved to allot these shares today.
Following this issue there are now 4,393,002 ordinary shares in issue.
Interests of Directors
The aggregate interests of the Directors of St Mark and their spouses is
858,000 shares (19.5% percent of the issued capital of the Company):
Bernard Tansey: 530,000 shares 12.1%
Barry Tansey: 115,000 shares 2.6%
Sean Ryan: 180,000 shares 4.1%
William Gair: 33,000 shares 0.7%
In addition members of the family of the Chairman, Bernard Tansey, and Chief
Executive Officer, Barry Tansey own an additional 225,980 shares (5.14% of the
issued share capital).
The Directors of St Mark Homes PLC accept responsibility for this announcement
END
(END) Dow Jones Newswires
November 18, 2016 09:51 ET (14:51 GMT)