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Holding(s) in Company

12th Aug 2016 09:54

RNS Number : 0495H
HML Holdings PLC
12 August 2016
 

HML Holdings plc

("HML" or "the Group")

Holdings in Company

 

HML Holdings plc (AIM: HMLH), a leading provider of property management, insurance and ancillary services to residential property blocks, announces that on 11 August 2016 it was informed that on that day, LTC Holdings plc ("LTC") sold 1,600,000 ordinary share of 1.5 pence each ("Ordinary Shares") at a price of 30 pence per Ordinary Share to certain institutional and other investors. Following this transaction, LTC is interested in 11,637,999 Ordinary Shares representing 29.93 per cent. of the Company's total voting rights.

 

Commenting on the sale, Adrian Collins, Non-Executive Director of LTC said:

 

"We are pleased to add to the liquidity in HML's shares while remaining long-term supporters of the business. This sale satisfies our near term portfolio objectives and we look forward to the continued success of the Company."

 

 

For further information, please contact:

HML Holdings plc

Robert Plumb, Chief Executive Officer

James Howgego, Finance Director Tel: 020 8439 8529

 

finnCap

Jonny Franklin-Adams / Giles Rolls - corporate finance Tel: 020 7220 0500

Mia Gardner - corporate broking

 

 

Tavistock Communications Group

James Verstringhe/Jeremy Carey Tel: 020 7920 3150

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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