RNS Number : 5965R
Capital & Regional plc
22 September 2017
 

22 September 2017

 

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 21 September 2017 Hugh Scott-Barrett, the Chairman of the Company, exercised, at nil cost, awards that were made on 14 August 2014 under the Company's 2008 Long Term Incentive Plan ("LTIP").  A part sale of Shares took place on 21 September 2017 at an average price of 55.80 pence per share in order to satisfy the tax liability crystallising as a result of exercise of the options.  The total number of options exercised and revised shareholding following the transaction is shown in the table below:

 

Name of Director

Role

Number of LTIP options exercised

Number of Shares sold

Number of Shares retained

Interest in Shares prior to transactions

Total Shares following transactions

Total Shares held post transactions as a % of total voting rights

Hugh

Scott-Barrett

Chairman

452,534

213,117

239,417

3,250,259

3,489,676

0.49%

 

This announcement is made in accordance with the requirements of the EU Market Abuse Regulation.

 

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For further information:

Capital & Regional:

Tel:  020 7932 8000

Lawrence Hutchings, Chief Executive


Charles Staveley, Group Finance Director




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. £1 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 company news service from the London Stock Exchange
 
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