St. Modwen Properties PLC Holding(s) in Company (2195S)
September 29 2017 - 3:52AM
UK Regulatory
TIDMSMP
RNS Number : 2195S
St. Modwen Properties PLC
29 September 2017
Date: 29(th) September 2017
ST. MODWEN PROPERTIES PLC
Notification of Major Interest in Shares
St. Modwen Properties PLC (the "Company") announces that it has
been notified that, on 28(th) September 2017, an aggregate of
3,500,000 existing ordinary shares of 10 pence each in the Company
("Ordinary Shares") have been sold by certain members of the Clarke
family at a price of 370.5 pence per share.
Following these disposals, the Clarke family will hold
15,175,196 Ordinary Shares representing 6.82 per cent. of the
Company's issued share capital.
As part of the disposal, Simon Clarke, a Non-Executive Director
of the Company, has sold 500,000 Ordinary Shares at the same price.
Following this sale he holds 2,704,157 Ordinary Shares,
representing 1.22 per cent. of the Company's issued share
capital.
The selling shareholders have agreed not to sell any further
Ordinary Shares for a period of 90 days without the prior written
consent of Numis Securities Limited.
Enquiries:
St. Modwen Properties PLC Tel: 0121 222 9400
Mark Allan, Chief Executive
Rob Hudson, Finance Director
Numis Securities Limited Tel: 020 7260 1000
Heraclis Economides
Ben Stoop
LEI: 213800WMV4WVES8TQH05
This information is provided by RNS
The company news service from the London Stock Exchange
END
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