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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Mountview Estates Plc | LSE:MTVW | London | Ordinary Share | GB0006081037 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-75.00 | -0.78% | 9,600.00 | 9,250.00 | 9,950.00 | 898 | 16:35:17 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Real Estate Agents & Mgrs | 73.59M | 26.47M | 6.7876 | 14.25 | 377.23M |
TIDMMTVW
RNS Number : 4482L
Mountview Estates PLC
03 October 2016
Embargoed 7.00a.m. 3 October 2016
Mountview Estates P.L.C.
Miscellaneous: Announcement regarding the Sinclair Family Concert Party
3 October 2016
Mountview Estates P.L.C.
Announcement regarding the Sinclair Family Concert Party
("Mountview" or "the Company")
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") as more particularly set out in the Appendix to this announcement.
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. The Concert Party Agreement came to an end, in accordance with its terms, at 5.00pm on Friday, 30 September 2016.
The Concert Party has agreed in principle to extend the Concert Party Agreement, in the same terms, until 30 September 2019; this amendment to the Concert Party Agreement is currently being finalised and a further announcement will be made once this has been completed.
This concert party continues to have control of voting rights over 2,087,681 ordinary shares representing approximately 53.54 per cent. of the Company's issued share capital.
APPENDIX - Sinclair Family Concert Party Members
Anray Limited
Mrs Phyllis Esme Cullen
Mrs Elizabeth Langrish-Smith
Miss Emma Lucy Langrish-Smith
Mr James Langrish-Smith
Mr Matthew Langrish-Smith
Scorpion Estates Limited
Mrs Susan Mary Simkins
Mr Ronnie Simkins
Miss Louise Simkins
Mr Thomas Simkins
8532630 Canada Inc.
Mrs Daphne Sinclair
Mr Duncan Morrall Sinclair
8532729 Canada Inc.
Sinclair Estates Limited
Viewthorpe (Old) Limited
Viewthorpe (Subco 2) Limited
Mrs Angela Williams
Mr Rupert Williams
Frank & Daphne Sinclair Grandchildren Settlement
Ends
For further information on the Company, visit: www.mountviewplc.co.uk
SPARK Advisory Partners Limited www.sparkadvisorypartners.com (Financial Adviser) Miriam Greenwood 0203 368 3553 Mark Brady 0203 368 3551
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCGMMGGKMFGVZM
(END) Dow Jones Newswires
October 03, 2016 02:00 ET (06:00 GMT)
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