3rd Jan 2020 12:05
(Alliance News) - Capital & Regional PLC on Friday said that associate firms of Non-Executive Director Louis Norval bought and sold shares in several transactions on Monday.
PDI Investment Holdings Ltd sold 3.4 million shares to Mstead Ltd at a price of 25 pence per share totalling GBP850,000. Following the transaction, PDI holds 41.4 million shares representing 4.0% of Capital & Regional's issued share capital.
Mstead Ltd acquired an additional 816,141 shares at a price of 24p each for GBP195,874, taking its total holdings to 52.4 million shares which represents 5.04% of Capital & Regional's issued share capital.
Kiyoma Lakes Trust bought 25,000 shares at a price of 24p per share for a total amount of GBP6,000. Rose Trust purchased 36,000 shares at the same price for a total amount of GBP8,640. The holdings of Kiyoma Lakes and Rose Trust in Capital & Regional following the transactions were not disclosed.
Capital & Regional stated the combined interest of Louis Norval and his family in the company to have increased to 94.1 million shares, reflecting a total of 9.1% of its share capital.
Capital & Regional's shares were trading 0.2% higher at 25.95p each on Friday afternoon in London.
By Ife Taiwo; [email protected]
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