Director Share Purchase

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 £110.41 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 (Financial Adviser)	www.Sparkadvisorypartners.com
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 /Amendment	Initial notification
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 of the financial instrument, type of instrument  Identification code	Ordinary Shares 5p each GB0006081037
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s)  Volume(s) £110.41 36,000
d)	Aggregated information	N/A
e)	Date of the transaction	31 March 2017
f)	Place of the transaction	Off Market

 

END

 

 

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