Business
Result of placing
Result of placing.
About this update from Phoenix Spree Deutschland Ltd
[{"type":"text","content":"\n \nRNS Number : 3828Y Phoenix Spree Deutschland Limited 16 May 2016 \n\n16 May 2016\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT \nResult of placing of shares in Phoenix Spree Deutschland Limited\nFurther to its announcement made earlier today, Liberum Capital Limited (\"Liberum\") announces that PMM Partners (UK) Limited (\"PMM\"), the Property Adviser to Phoenix Spree Deutschland Limited (\"PSDL\"), a Director of PSDL (and his connected party), various persons deemed to be discharging managerial responsibilities (\"PDMRs\") in respect of PSDL (and their connected parties), and other selling shareholders sold together an aggregate of 4,738,712 shares of no par value each (\"Placing Shares\") in PSDL, representing c. 5.1 per cent. of PSDL's entire issued share capital (the \"Placing\") at a price of 180.095 pence per Placing Share (the \"Placing Price\").\nFollowing completion of the Placing, the interests of selling shareholders will be as follows:\n\n\n\n\nName\n\n\nRelationship to PSDL\n\n\nNumber of Shares sold\n\n\nBeneficial interest in Shares after Placing\n\n\n% of Issued Share Capital \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPMM\n\n\nProperty Adviser to PSDL\n\n\n923,096\n\n\n0\n\n\n0.00%\n\n\n\n\nMatthew Northover (and his wife, Alexandra Northover*)\n\n\nDirector of PSDL and Principal in PMM\n\n\n649,997\n\n\n460,016\n\n\n0.50%\n\n\n\n\nMichael Hilton (and his wife, Wendy Hilton*)\n\n\nPrincipal in PMM\n\n\n921,916\n\n\n517,043\n\n\n0.6%\n\n\n\n\nPaul Ruddle (and his wife, Veronica Ruddle*)\n\n\nPrincipal in PMM\n\n\n607,716\n\n\n911,442\n\n\n1.0%\n\n\n\n\nOther selling shareholders\n\n\nn/a\n\n\n1,635,987\n\n\nn/a\n\n\nn/a\n\n\n\n\n*a connected person as defined in s96B(2) of FSMA 2000\n \nEnquiries\nLiberum Capital Limited ...