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DIRECTOR DEALINGS: Kennedy Wilson Executives Buy Subscription Shares

23rd Oct 2014 11:46

LONDON (Alliance News) - Kennedy Wilson Europe Real Estate PLC Thursday said two of its executives acquired shares after taking part in a share subscription.

Details are as follows.

Name of person discharging managerial responsibilities/ director

Name of registered shareholder

Number of shares acquired

Percentage of issued class acquired

Price per share

Total holding following notification

Total percentage holding following notification

William McMorrow

KW Carried Interest Partner LP

20,916

0.06%

£10.06

80,916

0.06%

Mary Ricks

KW Carried Interest Partner LP

20,916

0.06%

£10.06

80,916

0.06%


The company said Tuesday that it has raised GBP351.5 million through a placing of around 10.0 million shares and 25.0 million open offer shares at 1,006 pence each.

The fund said it had received valid acceptances under the open offer for around 19.0 million shares, around 76% of the open offer shares available. The remaining open offer shares were taken up pursuant to the placing, Kennedy Wilson said.

Its shares were up 0.7% at 1,047.00 pence Thursday.

By Arvind Bhunjun; [email protected]; @ArvindBhunjun

Copyright 2014 Alliance News Limited. All Rights Reserved.


Related Shares:

Kennedy Wilson Europe Real Estate
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