REG - Mountview Estates. - Announcement re the Sinclair Family Concert Party

Mountview Estates P.L.C.Announcement

14/11/2022 09:00

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RNS Number : 2874G  Mountview Estates PLC  14 November 2022

14 November 2022

 

Mountview Estates P.L.C.

("Mountview" or "the Company")

 

Announcement regarding the Sinclair Family Concert Party

 

The Company has previously notified its shareholders of the existence of a
concert party consisting of certain members of the Sinclair family, related
Sinclair family trusts and companies under the control of certain Sinclair
family members (the "Concert Party").

 

On 10 January 2020, the Company announced that all members of the Concert
Party had entered into a new concert party agreement containing an extension
of the previous agreement by a further period to 30 September 2022.The members
of the Concert Party have re-affirmed to the Company that the Concert Party
remains in place though they have decided that a formal agreement is no longer
needed.  They have also confirmed that they will continue to acknowledge the
regulatory and internal obligations arising from the existence of the Concert
Party, for example in relation to observing Rule 9 of the Takeover Code and
notifying the Company Secretary of any proposed share transactions.

 

The Company has notified the Takeover Panel of the expiry of the Concert Party
Agreement and the continued existence of the Concert Party.

 

The Concert Party continues to have control of voting rights over 1,964,199
ordinary shares representing approximately 50.38 per cent. of the Company's
issued share capital.

 

~Ends~

 

For further information on the Company, visit: www.mountviewplc.co.uk
(http://www.mountviewplc.co.uk)

 

SPARK Advisory Partners Limited (Financial Adviser):
www.sparkadvisorypartners.com (http://www.sparkadvisorypartners.com)

Mark Brady - 020 3368 3550

 

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