Mountview Estates PLC The Sinclair Family Concert Party (5347O)
02 October 2019 - 10:09PM
UK Regulatory
TIDMMTVW
RNS Number : 5347O
Mountview Estates PLC
02 October 2019
Mountview Estates P.L.C.
2 October 2019
Mountview Estates P.L.C.
("Mountview" or "the Company")
Announcement regarding the Sinclair Family Concert Party
The Company has previously notified its shareholders of the
existence of a concert party consisting of certain members of the
Sinclair family, related Sinclair family trusts and companies under
the control of certain Sinclair family members (the "Concert
Party").
In September 2013, the Concert Party entered into a revised
agreement (the "Concert Party Agreement") setting out certain terms
of conduct between members of the Concert Party including the event
of an offer being made for the Company. The concert party members
are not bound under the terms of the Concert Party Agreement to
vote together at a general meeting of the Company. In October 2016,
the Concert Party Agreement was extended for a period of three
years; this extension came to an end, in accordance with its terms,
at 5.00pm on 30 September 2019.
The Concert Party is in discussions to extend the Concert Party
Agreement for a period of three years, until 30 September 2022. A
further announcement will be made once this has been completed.
The Concert Party continues to have control of voting rights
over 1,993,951 ordinary shares representing approximately 51.14 per
cent. of the Company's issued share capital.
Ends
For further information on the Company, visit:
www.mountviewplc.co.uk
SPARK Advisory Partners Limited (Financial Adviser) www.sparkadvisorypartners.com
Miriam Greenwood 0203 368 3550
Mark Brady
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END
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