Capital & Regional plc Director Shareholding (0444Y)
16 August 2018 - 9:00PM
UK Regulatory
TIDMCAL
RNS Number : 0444Y
Capital & Regional plc
16 August 2018
16 August 2018
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 1 pence each ("Shares") by Directors of the
Company.
On 14 August 2018 share awards that were made on 14 August 2014
under the Company's 2008 Long Term Incentive Plan ("LTIP") became
available to exercise after the performance conditions had been
satisfied and following the conclusion of a one year holding
period. The total number of options exercised by Directors of the
Company under the LTIP is shown in the table below:
Name of Role Number Number Number of
Director of LTIP of Shares Shares retained
options sold
exercised
----------- --------------- ----------- ----------- -----------------
Charles Group Finance
Staveley Director 105,591 49,727 55,864
----------- --------------- ----------- ----------- -----------------
For all of the transactions in the above tables the options were
exercised on 14 August 2018 at nil cost. The sale of Shares took
place on 15 August 2018 at an average price of 45.08 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 Role Interest Total Shares Total Shares
Director in Shares following held post
prior to transactions transactions
transactions as a % of
total voting
rights
----------- --------------- -------------- -------------- --------------
Charles Group Finance
Staveley Director 1,090,860 1,146,724 0.16%
----------- --------------- -------------- -------------- --------------
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
FTI Consulting: Tel: 020 3727 1000
Richard Sunderland
Claire Turvey
capreg@fticonsulting.com
Notes to editors:
About Capital & Regional plc
Capital & Regional is a UK focused retail property REIT
specialising in shopping centres that dominate their catchment,
serving the non-discretionary and value orientated needs of the
local communities. It has a strong track record of delivering value
enhancing retail and leisure asset management opportunities across
a c. GBP1 billion portfolio of in-town shopping centres. Capital
& Regional is listed on the main market of the London Stock
Exchange and has a secondary listing on the Johannesburg Stock
Exchange.
Capital & Regional owns seven shopping centres in Blackburn,
Hemel Hempstead, Ilford, Luton, Maidstone, Walthamstow and Wood
Green. It also has a 20% joint venture interest in the Kingfisher
Centre in Redditch. Capital & Regional manages these assets
through its in-house expert property and asset management
platform.
For further information see capreg.com.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHEAEPKFLSPEFF
(END) Dow Jones Newswires
August 16, 2018 07:00 ET (11:00 GMT)
Capital & Regional (LSE:CAL)
Historical Stock Chart
From Apr 2024 to May 2024
Capital & Regional (LSE:CAL)
Historical Stock Chart
From May 2023 to May 2024