Capital & Regional PLC has disclosed its position as the offeree in relation to relevant securities. As of 4th June 2024, the company reported no interests or short positions in the relevant securities. Additionally, there were no cash-settled derivatives or stock-settled derivatives. The company also stated that there were no rights to subscribe for new securities.
The disclosure also included information about interests in Capital & Regional PLC shares held by Growthpoint Properties Limited, the offeree's majority shareholder, and the Capital & Regional PLC directors. The directors, along with their close relatives and related trusts, held a total of 456,632 shares, which accounted for 0.203% of the existing issued share capital.
Furthermore, the disclosure provided details of share options in Capital & Regional PLC held by the directors, including the scheme, date of award, number of awards, type of award, maximum vesting, and the end of the performance period. These options were granted under the Combined Incentive Plan (CIP) and included nil-cost options.
The disclosure concluded with the confirmation that there were no indemnity or option arrangements, agreements, or understandings related to relevant securities that may be an inducement to deal or refrain from dealing entered into by the party to the offer making the disclosure or any person acting in concert with it.
This disclosure provides a comprehensive overview of Capital & Regional PLC's position as the offeree, the interests held by the majority shareholder and directors, and the share options granted to the directors. It offers transparency regarding the company's position in relation to relevant securities and any associated arrangements.