16th Jul 2014 11:07
LONDON (Alliance News) - Capital & Regional PLC Wednesday said a group of executives and non-executives acquired 351 million new shares as part of the property firm's recent placing andopen offer at 47 pence per new share.
Details are as follows.
| Interests in ordinary shares prior to Firm Placing, Placing and Open Offer | No. of shares in Open Offer | No. of shares in the Placing | Aggregate no. of shares acquired in Firm Placing, Placing and Open Offer | % that shares acquired represent in the total issued ordinary share capital | Total interests in shares following Admission | % that total shares represent in total issued ordinary share capital |
John Clare | 296,300 | 296,299 | - | 296,299 | 0.042% | 592,599 | 0.085% |
Hugh Scott-Barrett | 1,352,055 | 479,999 | - | 479,999 | 0.068% | 1,832,054 | 0.261% |
Charles Staveley | 283,121 | 257,354 | - | 257,354 | 0.037% | 540,475 | 0.077% |
Mark Bourgeois | 215,000 | 187,989 | - | 187,989 | 0.027% | 402,989 | 0.058% |
Kenneth Ford | 1,579,432 | 319,149 | - | 319,149 | 0.046% | 1,898,581 | 0.271% |
Philip Newton | 163,800 | 163,800 | - | 163,800 | 0.023% | 327,600 | 0.047% |
Louis Norval | 102,120,163 | 8,510,638 | 88,965,608* | 97,476,246 | 13.910% | 199,596,409 | 28.483% |
Neno Haasbroek | 101,855,913 | 8,607,001 | 73,540,911 | 82,147,912 | 11.723% | 184,003,825 | 26.258% |
Tony Hales | 150,000 | 149,999 | - | 149,999 | 0.021% | 299,999 | 0.043% |
The retail property specialists last Wednesday said it has raised GBP158 million net of expenses through its firm placing and placing and open offer. The company raised the money to increase its holdings in the Mall Fund to 91.82% from 29.26%. The company plans to acquire Aviva PLC's 52.04% stake and Karoo Investment Fund's 10.52% stake in a deal worth GBP213 million.
Shares were trading up 0.4% at 46.17 pence midday Wednesday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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