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Holding(s) in Company

12th Nov 2013 07:01

RNS Number : 7529S
Countrywide PLC
12 November 2013
 



12 November 2013

Countrywide plc

Holdings in the Company

Countrywide plc (the "Company") has been informed that certain of its significant shareholders, AIF VI Euro Holdings, L.P. and AAA Guarantor Co-Invest VI, L.P. (the "Apollo-Affiliated Funds"), have executed agreements for the disposal of all of their shares in the Company. These disposals were effected by way of a placing of shares to institutional investors (the "Offering").

Full details of these disposals will be announced once they have been received, but in summary the aggregate shareholding of the Apollo-Affiliated Funds has reduced from 22,436,024 ordinary shares, representing 10.22% of the voting rights of the Company, to zero.

Goldman Sachs International and Jefferies International Limited are acting as Joint Bookrunners and Credit Suisse Securities (Europe) Limited is acting as a Co-Bookrunner on the Offering.

Enquiries:

Jim Clarke, Group Chief Financial Officer, Countrywide 07970 477299

email: [email protected]

 

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