Granate Asset Management Ltd has disclosed a position in Capital and Regional PLC, representing 1.358% of the 10p ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that as of 9th July 2024, Granate Asset Management Ltd owned and/or controlled 3,163,313 relevant securities of Capital and Regional PLC. Additionally, the disclosure includes details of a purchase of 45,000 securities at a price of 0.648 per unit.
The disclosure also states that Granate Asset Management Ltd is making disclosures in respect of another party to the offer, NewRiver REIT PLC. The form does not include any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure provides comprehensive information about Granate Asset Management Ltd's position in Capital and Regional PLC, including the number and percentage of relevant securities owned and/or controlled, as well as details of recent dealings. It is in compliance with the regulatory requirements of the Takeover Code and provides transparency about the interests and short positions held by Granate Asset Management Ltd in relation to Capital and Regional PLC.