REG - Glenveagh Properties - STATEMENT ON SECONDARY SHARE PLACING

Glenveagh PropertiesAnnouncement

Thu 17:00

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RNS Number : 4895D  Glenveagh Properties plc  07 May 2026

STATEMENT ON SECONDARY SHARE PLACING

 

Glenveagh Properties plc ("Glenveagh " or "the Company"), has been informed by
Teleios Capital Partners LLC, acting through Teleios Global Opportunities
Master Fund, Ltd, that it intends to sell approximately 12 million ordinary
shares of the Company (the "Secondary Share Placement").

 

Glenveagh confirms it intends to participate in the Secondary Share Placement
by purchasing approximately €10m in value of the Secondary Share Placement.
 Any ordinary shares purchased by the Company through this placement will be
cancelled.

 

Glenveagh's participation in the Secondary Share Placement will be conducted
within the limitations of the Company's on-going buyback programme and the
general authority to repurchase shares as set out in Resolution 10 approved by
the Company's shareholders at the 2025 Annual General Meeting on 22 May 2025.

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

 

For further information please contact:

 

 Investors:                Media:
 Glenveagh Properties plc  Gordon MRM

 Conor Murtagh (CFO)       Ray Gordon 087 241 7373

                           David Clerkin 087 830 1779

 investors@glenveagh.ie    glenveagh@gordonmrm.ie

 

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