We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Belvoir Group Plc | LSE:BLV | London | Ordinary Share | GB00B4QY1P51 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 279.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMBLV
RNS Number : 5386J
Belvoir Lettings PLC
05 December 2018
5 December 2018
The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
BELVOIR LETTINGS PLC
(the "Company", "the Group" or "Belvoir")
Director/ PDMR Dealing
Belvoir Lettings plc (AIM: BLV), has been notified that on 4 December 2018, Mike Goddard, Chairman of the Company, sold 1,065,431 ordinary shares of 1p each in the Company ("Ordinary Shares") to the vendors of Northwood at 92.9p each.
The acquisition of Northwood in June 2016 was subject to a two year earn out. During the two years under review, EBITDA performance increased by 51% from GBP1,069,000 to GBP1,616,000 against which a final consideration payment of GBP3,959,000 was due. Settlement of the final payment in either cash or shares was at the discretion of the Board. Feedback from institutional investors clearly supported 100% cash settlement, if possible. Accordingly, Mike Goddard has made available 1,065,431 shares, enabling the Northwood vendors to take 25% of their collective final cash consideration in shares thereby, retaining a stake in the business that they had so successfully built over the past 23 years.
As a result, the following transfer of shares from Mike Goddard took place:
Hot Features
Premium
Transferee No. of shares Previous holding Subsequent Percentage
holding holding
Andrew David Goodson 733,869 555,339 1,289,208 3.69%
-------------- ----------------- ----------- -----------
Gemma Goodson 244,623 185,113 429,736 1.23%
-------------- ----------------- ----------- -----------
William Eric Walker 32,602 21,713 54,315 0.16%
-------------- ----------------- ----------- -----------
Philip Allan Gee 21,735 16,447 38,182 0.11%
-------------- ----------------- ----------- -----------
Victoria Alexander 21,735 16,447 38,182 0.11%
-------------- ----------------- ----------- -----------
Nicholas Mark Harris 10,867 8,224 19,091 0.05%
-------------- ----------------- ----------- -----------
Both William Eric Walker and Phillip Allan Gee continue to be employed by the Belvoir Group as Group Managing Director and Northwood Managing Director respectively and are regarded as PDMRs.
Following this transaction Mike Goddard holds 4,506,490 Ordinary Shares, representing approximately 12.9% of total issued share capital and voting rights of the company.
Furthermore, the option period for options held by Dorian Gonsalves under the Belvoir Lettings PLC Unapproved Share Option Plan over 163,399 shares due to expire on 31(st) December 2018 has been extended to 31(st) December 2020.
Notification of a Transaction pursuant to Article 19(1) of Regulation
(EU) No. 596/2014
1 Details of the person discharging managerial responsibilities/person
closely associated
----- -----------------------------------------------------------------------------------
a. Name Mike Goddard
-----------------------------------------------------
2 Reason for notification
---------------------------- -----------------------------------------------------
a. Position/Status Chairman
---------------------------- -----------------------------------------------------
b. Initial notification/ Initial Notification
Amendment
---------------------------- -----------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------------
a. Name Belvoir Lettings PLC
----------------------------
b. LEI N/A
---------------------------- -----------------------------------------------------
4 Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions have
been conducted
----- -----------------------------------------------------------------------------------
a. Description of
the financial
instrument, type
of instrument
ISIN: GB00B4QY1P51
Identification
Code
---------------------------- -----------------------------------------------------
b. Nature of the Sale of Ordinary Shares
transaction
---------------------------- -----------------------------------------------------
c. Price(s) and volume(s) Price(s) Volume(s)
---------------------------- -----------
92.9p 1,065,431
----------- -----------
d. Aggregated information
- Aggregated Volume
- Price 1,065,431
92.9p
----------------------------------------------------------------------------------------
e. Date of the transaction 4 December 2018
---------------------------- -----------------------------------------------------
f. Place of the transaction Off-market
---------------------------- -----------------------------------------------------
Notification of a Transaction pursuant to Article 19(1) of Regulation
(EU) No. 596/2014
1 Details of the person discharging managerial responsibilities/person
closely associated
----- ----------------------------------------------------------------------------------
a. Name William Eric Walker
----------------------------------------------------
2 Reason for notification
---------------------------- ----------------------------------------------------
a. Position/Status Group Managing Director (PDMR)
---------------------------- ----------------------------------------------------
b. Initial notification/ Initial Notification
Amendment
---------------------------- ----------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------------
a. Name Belvoir Lettings PLC
----------------------------
b. LEI N/A
---------------------------- ----------------------------------------------------
4 Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions have
been conducted
----- ----------------------------------------------------------------------------------
a. Description of
the financial
instrument, type
of instrument
ISIN: GB00B4QY1P51
Identification
Code
---------------------------- ----------------------------------------------------
b. Nature of the Purchase of Ordinary Shares
transaction
---------------------------- ----------------------------------------------------
c. Price(s) and volume(s) Price(s) Volume(s)
---------------------------- -----------
92.9p 32,602
----------- -----------
Aggregated information 32,602
- Aggregated Volume
d. - Price 92.9p
---------------------------- ----------------------------------------------------
e. Date of the transaction 4 December 2018
---------------------------- ----------------------------------------------------
f. Place of the transaction Off-market
---------------------------- ----------------------------------------------------
Notification of a Transaction pursuant to Article 19(1) of Regulation
(EU) No. 596/2014
1 Details of the person discharging managerial responsibilities/person
closely associated
----- -----------------------------------------------------------------------------------
a. Name Phillip Allan Gee
-----------------------------------------------------
2 Reason for notification
---------------------------- -----------------------------------------------------
a. Position/Status Northwood Managing Director (PDMR)
---------------------------- -----------------------------------------------------
b. Initial notification/ Initial Notification
Amendment
---------------------------- -----------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------------
a. Name Belvoir Lettings PLC
----------------------------
b. LEI N/A
---------------------------- -----------------------------------------------------
4 Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions have
been conducted
----- -----------------------------------------------------------------------------------
a. Description of
the financial
instrument, type
of instrument
ISIN: GB00B4QY1P51
Identification
Code
---------------------------- -----------------------------------------------------
b. Nature of the Purchase of Ordinary Shares
transaction
---------------------------- -----------------------------------------------------
c. Price(s) and volume(s) Price(s) Volume(s)
---------------------------- -----------
92.9p 21,735
----------- -----------
d. Aggregated information
- Aggregated Volume
- Price 21,735
92.9p
----------------------------------------------------------------------------------------
e. Date of the transaction 4 December 2018
---------------------------- -----------------------------------------------------
f. Place of the transaction Off-market
---------------------------- -----------------------------------------------------
For further details:
Belvoir Lettings PLC 01476 584900 Mike Goddard, Chairman investorrelations@belvoirlettings.com Dorian Gonsalves, Chief Executive Officer Louise George, Chief Financial Officer Cantor Fitzgerald Europe Rick Thompson, Philip Davies, Will Goode Corporate Finance Caspar Shand-Kydd, Gregor Paterson Sales 0207 894 7000 Buchanan 0207 466 5000 Charles Ryland, Madeleine Seacombe, Tilly Abraham belvoir@buchanan.uk.com
Note to Editors:
About Belvoir Lettings PLC
Founded in 1995 and listed on AIM in 2012 (BLV.L), Belvoir operates a nationwide property franchise group with 364 offices across four brands specialising in residential lettings, property management, residential sales and property-related financial services. With its Central Office in Grantham, Lincolnshire, the Group manages over 61,000 properties and reported revenue of GBP11.3m in 2017 making Belvoir the largest property franchise group in the UK.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
DSHUVAARWWAURAA
(END) Dow Jones Newswires
December 05, 2018 06:30 ET (11:30 GMT)
1 Year Belvoir Chart |
1 Month Belvoir Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
