Legal & General Investment Management (Holdings) Ltd. has disclosed its ownership and control of 0.51% of the relevant securities of Capital & Regional PLC. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, states that as of 27 June 2024, Legal & General Investment Management (Holdings) Ltd. owns 1,195,377 relevant securities of Capital & Regional PLC. Additionally, the disclosure includes details of a sale of 24,796 securities at a price of GBP 0.6 per unit.
The disclosure also confirms that Legal & General Investment Management (Holdings) Ltd. is not making disclosures in respect of any other party to the offer, except for NewRiver REIT plc. Furthermore, the disclosure indicates that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
This disclosure provides insight into Legal & General Investment Management (Holdings) Ltd.'s significant interest in Capital & Regional PLC and its recent sale of a portion of its holdings. It offers transparency in line with regulatory requirements and contributes to the understanding of the ownership and control of relevant securities in the market.