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DIRECTOR DEALINGS: Hibernia REIT Directors Take Part In Share Offer (ALLISS)

5th Nov 2014 17:43

LONDON (Alliance News) - Hibernia REIT PLC said Wednesday a group of executives and non-executives, including Chief Executive Kevin Nowlan, acquired shares as part of the Hibernia REIT's recent open offer at a price of EUR1.05 per share.

Hibernia REIT had said on Friday it had raised EUR300 million in its placing and open offer of 285.3 million new shares.

The director transactions were as follows:

Frank Kenny acquired 121,774 shares, Nowlan 47,620 shares, Sean O'Dwyer 30,000 shares, and Tom Edwards-Moss and Richard Ball each 95,250 shares.

Non-Executive Director William Nowlan acquired 100,000 shares, Independent Non-Executive Director Terence O'Rourke 50,000 shares and Senior Independent Non-Executive Director Colm Barrington 300,000 shares.

Following the transactions none of the executives have a holding of more than 1.0%.

Shares in Hibernia closed a EUR1.10 per share.

By Hana Stewart-Smith; [email protected]; @HanaSSAllNews

Copyright 2014 Alliance News Limited. All Rights Reserved.


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