CareCapital Group plc
03 May 2007
3 May 2007
CareCapital Group Plc
("CareCapital" or "the Company")
Disposal of Shares by Sinclair Montrose Trust
CareCapital Group Plc, the healthcare real estate company (CARE), announces
that Daniel Stewart & Co. Plc has placed 5,000,000 ordinary shares in the
Company on behalf of Sinclair Montrose Trust Limited ("Sinclair Montrose") to
satisfy demand from institutional investors. CareCapital's Chairman,
Dr Michael J Sinclair, and his immediate family have a controlling interest in
Sinclair Montrose and CareCapital's Chief Executive, Paul Stacey, is a director
of Sinclair Montrose, which holds his interest in the Company beneficially in
trust. Following the placing, Sinclair Montrose's interest in the issued
ordinary share capital of the Company has reduced from 26,191,818 shares
(34.12%) to 21,191,818 shares (27.61%).
As a result of the placing, the beneficial interest of Dr Michael J Sinclair
reduces to 16,953,454 shares (22.09%) from 20,953,454 shares (27.30%). The
beneficial interest of Paul Stacey reduces to 4,238,364 shares (5.52%) from
5,238,364 shares (6.82%).
-ends-
For further information please visit www.carecapital.co.uk or contact:
Steve Wilden FCA, Lindsay Mair, Simon Hudson,
Finance Director Director - Corporate Finance Richard Sunderland
CareCapital Group Plc Daniel Stewart & Co. Plc Tavistock Communications
Tel: 020 7034 1949 Tel: 020 7776 6550 Tel: 020 7920 3150
This information is provided by RNS
The company news service from the London Stock Exchange
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