Last checked at 16 Jun 2016 16:28
16 June 2016
CAPITAL & REGIONAL PLC ("Capital & Regional" or "the Company")
DIRECTOR SHAREHOLDING
On 15 June 2016 the Company received notification that PDI Investment Holdings Ltd, an entity in which Louis Norval has a beneficial interest, have acquired 500,000 shares in the Company. The shares were acquired on 15 June 2016 at a price of 60.00 pence per share.
Following the transactions PDI Investment Holdings Ltd has a total shareholding of 65,462,806 shares representing 9.342% of the Company's issued share capital. The revised beneficial interest of Louis Norval is 136,960,303 ordinary shares, representing 19.545% of the Company's issued share capital. The total shareholding of all parties connected to Louis Norval, including those in which he has a beneficial interest and those which he does not but has a connection to, is 175,454,075 shares, representing 25.038% of the Company's issued share capital. Wessel Hamman, a Non-Executive Director of the Company is a Non-Executive Director of Homestead Group Holdings Ltd, the parent company of PDI Investment Holdings Ltd, but he has no beneficial interest in the shares held by PDI Investment Holdings Ltd.
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. £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.