Business
Director Dealings
Director Dealings.
About this update from Kcr Residential Reit Plc
[{"type":"text","content":"\n \nRNS Number : 7828E K&C REIT PLC 11 May 2017 \n\nK&C REIT plc\n(\"K&C REIT\" or the \"Company\")\nDirector Dealings\nK&C REIT announces that it has been notified that all the 2,500,000 ordinary shares previously held in the name of Gravity Investment Group Limited (\"Gravity\"), a company controlled by Mr Christopher Bateman, a non-executive director of the Company, have been sold for £250,000 to Forbes Ventures (\"Forbes\"), which was satisfied by the issue to Gravity of shares in Forbes. Forbes is a company whose shares are traded on the NEX Growth Market. Gravity now owns approximately 69.66 per cent of the issued share capital of Forbes.\nFor further information, please contact: \n\n\n\n\nK&C REIT plc\n\n\[email protected]\n\n\n\n\nDominic White, Chief executive\n\n\n+44 20 3793 5236\n\n\n\n\nTim James, Property director\n\n\n+44 7768 833 029\n\n\n\n\nStockdale Securities (nominated adviser and joint broker)\n\n\n+44 20 7601 6100\n\n\n\n\nAntonio Bossi / Robert Finlay / David Coaten\n\n\n\n\n\n\n\nPeterhouse Corporate Finance Limited (joint broker)\n\n\n+44 20 7469 0933\n\n\n\n\nLucy Williams / Heena Karani\n\n\n\n\n\n\n\nYellow Jersey PR\n\n\n+44 7747 788 221\n\n\n\n\nCharles Goodwin\n\n\n\n\n\n\n\n \nNotes to editors:\nThe Group operates in the residential private rented sector (PRS), with an emphasis on Central London. The residential sector has several sub-categories, including PRS, which was K&C's original focus, retirement residential, residential care and social housing. K&C's operations in the market broadened following the acquisition of K&C (Osprey) to include the retirement residential sub-category in London and the southeast of the UK. \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END DSHEASSEFSAXEFF\n ","length":4145,"tagName":"div"}]