Statement re Admission of Shares to Trading

RNS Number : 7776W

Glenveagh Properties PLC

08 August 2018

 

8 August 2018

Glenveagh Properties PLC

Admission of Shares to Trading

On 10 July 2018, Glenveagh Properties PLC ("Glenveagh Properties", or the "Company") announced that the Founder Share Value in relation to the first Test Period would be paid by way of conversion of Founder Shares into 18,993,162 Ordinary Shares of €0.001 each ("New Ordinary Shares").

Application has been made to Euronext Dublin and the Financial Conduct Authority ("FCA") for the New Ordinary Shares to be admitted to the Official List of Euronext Dublin and the Official List of the FCA maintained by the UK Listing Authority and to Euronext Dublin and the London Stock Exchange for such New Ordinary Shares to be admitted to trading on Euronext Dublin's main market for listed securities and the London Stock Exchange's main market for listed securities with dealings expected to commence at 8.00 a.m. on 9 August 2018. The New Ordinary Shares will rank pari passu in all respects with the Company's existing ordinary shares.

Further information regarding the Founder Shares are contained in the Company's prospectus dated 19 July 2018 and the Company's financial statements, both of which are available on the Company's website https://glenveagh.ie/.

Total Voting Rights

In conformity with Regulation 20 of the Transparency (Directive 2004/109/EC) Regulation 2007, Glenveagh announces that the Company's issued share capital consists of 686,042,162 Ordinary Shares with voting rights following the issue of the New Ordinary Shares. The Company holds no Ordinary Shares in treasury.

Therefore, on admission the total number of voting rights in the Company will be 686,042,162. This figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change of their interest in, the Company under the Transparency (Directive 2004/109/EC) Regulations 2007 and the Transparency Rules.

ENDS

For further information please contact:

Investors:	Media:
Glenveagh Properties PLC Justin Bickle (CEO) Michael Rice (CFO) Conor Murtagh (Director, Strategy & IR) [e-mail]	Gordon MRM Ray Gordon 087 241 7373 David Clerkin 087 830 1779 [e-mail]

Note to Editors

Glenveagh Properties PLC is a leading Irish homebuilder listed on Euronext Dublin and the London Stock Exchange. With a focus on strategically located developments in the Greater Dublin Area, Cork, Limerick and Galway, the Group comprises two complementary divisions, Glenveagh Homes and Glenveagh Living.

Glenveagh Homes' delivers high quality starter homes to its private customers with selective developments of mid-size and executive houses and apartments in areas of high demand.

Glenveagh Living delivers houses and apartments for the public sector and institutional investors. Its Partnerships business focusses on mixed-tenure and joint venture opportunities with the public sector in Ireland, while its PRS business delivers large-scale private rental product for institutional investors.

www.glenveagh.ie

 

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