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Director/PDMR Shareholding

2 Apr 2020 16:00

RNS Number : 6382I
Capital & Regional plc
02 April 2020
 

2 April 2020

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

UK company number 01399411

LSE share code: CAL

ISIN: GB00BL6XZ716

LEI: 21380097W74N9OYF5Z25

 

DIRECTOR SHAREHOLDING

 

On 2 April 2020 the Company received notification from PDI Investment Holdings Ltd ("PDI") and Mstead Ltd ("Mstead"), entities in which Louis Norval, a Non-Executive Director of the Company, has a discretionary beneficial interest, that additional shares in the Company have been pledged in respect of investment arrangements as outlined below:

PDI - an additional 686,003 shares have been pledged resulting in PDI's total shareholding of 4,136,550 shares being subject to the pledge; and Mstead - an additional 1,242,121 shares have been pledged, resulting in Mstead's total shareholding of 5,235,739 shares being subject to the pledge.

 

In total the beneficial interest of Louis Norval and his family members in the Company remains unchanged at 9,407,387 shares, representing 9.06% 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

 

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 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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