R.E.A. Holdings plc ("REA" or the "company")
Notification regarding shareholdings of directors and of connected persons and company transactions in own preference shares following capitalisation issue
REA announces, in accordance with the requirements of Rule 3.1.2R of the Disclosure and Transparency Rules of the Financial Services Authority, that it received notification on 26 September 2014 that, upon completion on 26 September 2014 of the capitalisation issue announced on 26 August 2014 (the "capitalisation issue"), the following persons and connected persons acquired in London holdings of 9 per cent cumulative preference shares of £1 each in the company (the "preference shares") as follows:
Mr R M Robinow, chairman: 597,450 preference shares (including Emba Holdings Limited, being a company connected with Mr Robinow);
Mr J C Oakley, director: 26,549 preference shares;
Mr M A Parry, director: 304 preference shares (including Mrs A Parry, being a person connected with Mr Parry);
Mr D J Blackett, a non-executive director: 600 preference shares; and
Mr R E Landon, a PDMR: 3,180 preference shares (including Mrs J E Landon, being a person connected with Mr Landon, and Fleetwood-Hesketh Ltd, being a company connected with Mr Landon).
REA further announces, in accordance with the requirements of Rule 3.1.2R of the Disclosure and Transparency Rules of the Financial Services Authority, that it received notification on 29 September 2014 that Mr R M Robinow, chairman (including Emba Holdings Limited, being a company connected with Mr Robinow), sold in London on 26 September 2014 597,450 preference shares at a price of 119.65p per share (net of commission).
REA further announces, in accordance with the requirements of Rule 12.6.3 of the Disclosure and Transparency Rules of the Financial Services Authority, that upon completion on 26 September 2014 of the capitalisation issue, it acquired 5,640 preference shares, by way of allotment in respect of REA's holding in treasury of 94,000 ordinary shares of 25p each, and on 26 September 2014 sold in London, through Guy Butler Limited, 5,640 of such preference shares at a price of 120.25p per share (before commission).