Disclosure of Interest
April 03 2003 - 2:00AM
UK Regulatory
RNS Number:5755J
Millennium & Copthorne Hotels PLC
03 April 2003
3rd April 2003
MILLENNIUM & COPTHORNE HOTELS PLC
Millennium & Copthorne Hotels plc notes the announcement made this morning on
the Singapore Stock Exchange by City Developments Limited which we reproduce
below:
CITY DEVELOPMENTS LIMITED
Increase of shareholding in a subsidiary
The Company wishes to announce that its deemed interest in subsidiary,
Millennium & Copthorne Hotels plc ("M&C"), held through its subsidiaries, City
e-Solutions Limited ("CES"), Singapura Developments (Private) Limited and Reach
Across International Limited, has increased to 148,785,025 shares or 52.6% of
M&C's issued and paid up capital through the acquisition of 850,000 shares in
M&C by CES.
The aforesaid shares were purchased on cash terms in the open market for a total
consideration of GBP1,688,873.50 at a price of GBP1.98691 per share.
End
This information is provided by RNS
The company news service from the London Stock Exchange
END
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