12th Nov 2013 07:01
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]
Related Shares:
CWD.L