Picture of Glenveagh Properties logo

GLV Glenveagh Properties News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsBalancedMid CapSuper Stock

Glenveagh Properties - Director/PDMR Shareholding

RNS Number : 6712D

Glenveagh Properties plc

08 May 2026

 

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

 

 [This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]

 

1Details of the person discharging managerial responsibilities/person closely associated
a)NameTeleios Capital Partners LLC
Reason for the notification
a)Position/statusA person closely associated with a person discharging managerial responsibilities. Max Steinebach Non-executive Director
b)Initial Notification AmendmentInitial notification
3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NameGlenveagh Properties plc
b)LEI635400QUQ2YYGMOAK834
4Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)Description of the financial instrument,
type of
instrument
Identification code
Glenveagh Properties plc Ordinary Shares of €0.001 each
ISIN: IE00BD6JX574
b)Nature of the transactionSale of shares
c)Price(s) and volume(s)
Price(s)Volume(s)
Euro 2.1512,000,000
d)Aggregated information
- Aggregated volume
- Price
Not applicable - single sale
e)Date of the transaction8 May 2026
f)Place of the transactionDublin
g)Additional InformationResults of Secondary Placing in Glenveagh - 07:00:03 08 May 2026 - News article | London Stock Exchange
RESULTS OF PLACING OF ORDINARY SHARES IN GLENVEAGH PROPERTIES PLC
Further to the announcement released on 07 May 2026 in relation to a proposed secondary sale of ordinary shares (the "Placing Shares") in Glenveagh Properties Plc ("Glenveagh" or the "Company"), Teleios Capital Partners LLC, acting through Teleios Global Opportunities Master Fund, Ltd. (the "Seller"), announces that, subject to completion, it has sold in aggregate 12 million ordinary shares at the price of €2.15 per share. The Placing Shares represent approximately 2.3% of Glenveagh's issued share capital.
Following the completion of the Placing, the Seller will hold 73,515,525 ordinary shares corresponding to approximately 14.4% of Glenveagh's entire issued share capital. These shares are subject to a 90-day lock-up undertaking (subject to certain customary exceptions).
J&E Davy ("Davy"), is acting as Sole Bookrunner in connection with the Placing (the "Bookrunner").
The Company will not receive any proceeds from the Placing.
ENQUIRIES
Davy (Sole Bookrunner) +353 1 679 7788
Brian Garrahy / Orla Cowzer
  This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.   END     DSHBLGDUSGGDGLI

Recent news on Glenveagh Properties

See all news