Granate Asset Management Ltd has disclosed its position in Capital and Regional PLC, a 1.371% interest in the 10p ordinary shares. The disclosure, made on 15th July 2024, also includes a purchase of 30,000 securities at a price of 0.64 per unit. The disclosure is in accordance with Rule 8.3 of the Takeover Code. Granate Asset Management Ltd also disclosed that it is making disclosures in respect of NewRiver REIT PLC.
The disclosure further indicates that there are no cash-settled derivatives, stock-settled derivatives, or other dealings, including subscribing for new securities. Additionally, there are no indemnity and other dealing arrangements, or agreements, arrangements, or understandings relating to options or derivatives.
This disclosure provides valuable information about Granate Asset Management Ltd's position in Capital and Regional PLC, shedding light on their recent dealings and interests in the company's securities. It also highlights their compliance with the regulatory requirements of the Takeover Code.