We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ediston Property Investment Company Plc | LSE:EPIC | London | Ordinary Share | GB00BNGMZB68 | 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% | 68.80 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMEPIC
RNS Number : 0686N
Ediston Property Inv Comp PLC
28 January 2021
28 January 2021
Ediston Property Investment Company plc ('the Company')
(LEI: 213800JRL87EGX9TUI28)
Acquisition of Shares by the Investment Manager
Ediston, the Company's Investment Manager, has purchased 121,944 ordinary shares in the Company (Ordinary Shares).
As part of recent proposals, the Investment Manager committed to invest 20 per cent of its quarterly management fee into Ordinary Shares, following publication of the Company's unaudited quarterly net asset value.
This arrangement, which is in place for three years and commenced in the new financial year, is set out in the recent annual report and accounts. It is part of the Investment Manager's constructive proposals, described more fully in the report and accounts, designed to align Shareholder and Investment Manager interests in the future of the Company. The Ordinary Shares were purchased at 67.75 pence per share on 26 January 2021.
The acquisition brings the total number of Ordinary Shares owned by the Investment Manager, or by its management team ('Managerial Holdings'), to 1.7 million shares as at 26 January 2021. The future intention is to disclose the aggregate Managerial Holdings in the interim and annual accounts, including any reinvestment of dividends under these arrangements.
This announcement is made to notify the commencement of the managerial arrangements, rather than as any statutory duty of disclosure of interest in shares.
End
Enquiries Will Barnett * Investec Bank plc 0207 597 5873 Calum Bruce * Ediston Properties Limited 0131 225 5599 Ruth Wright * JTC 0203 893 1011 Ben Robinson * Kaso Legg Communications 0203 995 6672 Stephanie Ross * Kaso Legg Communications 0203 995 6676
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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
MSCSEEFEWEFSEFF
(END) Dow Jones Newswires
January 28, 2021 02:00 ET (07:00 GMT)
1 Year Ediston Property Investm... Chart |
1 Month Ediston Property Investm... 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