Mountview Estates PLC Director Share Purchase (2723B)

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RNS Number : 2723B

Mountview Estates PLC

03 April 2017

3 APRIL 2017

MOUNTVIEW ESTATES P.L.C.

Mountview Estates P.L.C.

("Mountview" or "the Company")

Director Share Purchase

Mountview Estates P.L.C. was informed on 31 March 2017 that, on the same day, Sinclair Estates Limited entered into an agreement, conditional on a grant of probate, to purchase 36,000 ordinary shares of 5p each ("Ordinary Shares") at a price of GBP110.41 per share. Duncan Sinclair, the Company's Chief Executive Officer is also a director of Sinclair Estates Limited.

Following this share purchase, Duncan Sinclair's total beneficial interest in the Company will be 574,383 Ordinary Shares, representing 14.73 per cent of the Company's total voting rights.

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 
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

(Disclosure in relation to purchase of Ordinary Shares)

 
  1   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------- 
 a)   Name                     Duncan Sinclair (A director 
                                of Sinclair Estates Limited) 
---  -----------------------  ------------------------------ 
 2    Reason for the notification 
---  ------------------------------------------------------- 
 a)   Position/status          Chief Executive Officer 
---  -----------------------  ------------------------------ 
 b)   Initial notification     Initial notification 
       /Amendment 
---  -----------------------  ------------------------------ 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------- 
 a)   Name                     Mountview Estates P.L.C. 
---  -----------------------  ------------------------------ 
 b)   LEI                      213800CWH9IB4DTEYG96 
---  -----------------------  ------------------------------ 
 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              Ordinary Shares 5p each 
       of the financial 
       instrument,              GB0006081037 
       type of instrument 
       Identification 
       code 
---  -----------------------  ------------------------------ 
 b)   Nature of the            Purchase of ordinary shares 
       transaction 
---  -----------------------  ------------------------------ 
 c)   Price(s) and               Price(s)     Volume(s) 
       volume(s)                 -----------  ---------- 
                                  GBP110.41    36,000 
                                 -----------  ---------- 
---  -----------------------  ------------------------------ 
 d)   Aggregated information   N/A 
---  -----------------------  ------------------------------ 
 e)   Date of the              31 March 2017 
       transaction 
---  -----------------------  ------------------------------ 
 f)   Place of the             Off Market 
       transaction 
---  -----------------------  ------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 03, 2017 02:01 ET (06:01 GMT)