12 Jan 2015 12:52
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 12 January 2015 it was informed that on that day, LTC Holdings plc ("LTC") sold 1,800,000 ordinary share of 1.5 pence each ("Ordinary Shares") at a price of 33 pence per Ordinary Share to certain institutional and other investors. Following this transaction, LTC is interested in 13,237,999 Ordinary Shares representing 35.55 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
Ed Frisby/Christopher Raggett - corporate finance Tel: 020 7220 0500
Mia Gardner - corporate broking
Tavistock Communications Group
James Verstringhe/Jeremy Carey Tel: 020 7920 3150