2 Apr 2020 16:00
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.
Capital & Regional (CAL)