21st Dec 2021 11:15
21 December 2021
CAPITAL & REGIONAL PLC ("Capital & Regional" or "the Company")
UK company number 01399411
LSE share code: CAL
ISIN: GB0001741544
LEI: 21380097W74N9OYF5Z25
DIRECTOR SHAREHOLDING
The Company has been notified of the following transactions in its ordinary shares of 10 pence each ("Shares") by Directors of the Company.
On 17 December 2021, Directors exercised share awards granted to them under the Company's 2008 Long Term Incentive Plan ("LTIP") and 2017 Deferred Bonus Share Plan ("Bonus Plan"), as outlined below:
Name of Director | Role | Share plan | Number of options exercised | Number of Shares sold | Number of Shares retained |
Stuart Wetherly | Group Finance Director | LTIP | 5,292 | 2,487 | 2,805 |
Lawrence Hutchings | Chief Executive | Bonus Plan | 5,636 | 2,649 | 2,987 |
For all of the transactions in the above table, the options were exercised on 17 December 2021 at nil cost. The sale of Shares took place on 17 December 2021 at an average price of 58.00 pence per share in order to satisfy the tax liability crystallising as a result of exercise of the options.
Following the above transactions, the total beneficial shareholdings of the Directors in the Company are as follows:
Name of Director | Role | Interest in Shares prior to transactions | Total Shares following transactions | Total Shares held post transactions as a % of total voting rights |
Stuart Wetherly | Group Finance Director | 32,798 | 35,603 | 0.022% |
Lawrence Hutchings | Chief Executive | 9,030 | 12,017 | 0.007% |
This announcement is made in accordance with the requirements of the EU Market Abuse Regulation.
- ENDS -
For further information:
Capital & Regional: | Tel: 020 7932 8000 |
Lawrence Hutchings, Chief Executive Stuart Wetherly, Group Finance Director | |
FTI Consulting: | Tel: 020 3727 1000 |
Richard Sunderland Claire Turvey |
Notes to editors:
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.
Related Shares:
Capital & Regional