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Director Shareholding

17 Oct 2019 15:00

RNS Number : 2801Q
Capital & Regional plc
17 October 2019
 

17 October 2019

UK company number 01399411

LSE share code: CAL

ISIN: GB0001741544

LEI: 21380097W74N9OYF5Z25

 

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

 

DIRECTOR SHAREHOLDING

 

On 16 October 2019 the Company received notification from PDI Investment Holdings Ltd and Mstead Ltd, entities in which Louis Norval, a Non-Executive Director of the Company, has a beneficial interest, that shares in the Company previously pledged in respect of investment arrangements had been released from such pledges as outlined below:

PDI Investment Holdings Ltd - 30,957,331 shares previously pledged have been released. 34,505,475 shares of PDI Investment Holdings Ltd's total shareholding of 65,462,806 remain subject to the pledge; and Mstead Ltd - 30,042,669 shares previously pledged have been released. 39,936,178 of Mstead Ltd's total shareholding of 69,978,847 shares remain subject to the pledge.

 

In total the beneficial interest of Louis Norval and his family members in the Company remains unchanged at 135,913,866 shares, representing 18.71% of the Company's total issued share capital. The shareholding is maintained on the London Stock Exchange.

 

 

For further information:

Capital & Regional plc 020 7932 8000

Lawrence Hutchings

Stuart Wetherly

 

FTI Consulting 020 3727 1000

Richard Sunderland

Claire Turvey

Methuselah Tanyanyiwa

capreg@fticonsulting.com

 

 

About Capital & Regional plc

Capital & Regional is a UK focused specialist property REIT with a strong track record of delivering significant value enhancing retail and leisure asset management opportunities across its c. £0.8 billion portfolio of in-town, dominant community shopping centres.

 

Capital & Regional owns seven shopping centres in Blackburn, Hemel Hempstead, Ilford, Luton, Maidstone, Walthamstow and Wood Green. Capital & Regional manages these assets through its in-house expert property and asset management platform.

 

For further information see www.capreg.com.

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