Director/PDMR Shareholding
August 05 2010 - 11:11AM
UK Regulatory
TIDMSVN
RNS Number : 6292Q
Sovereign Reversions PLC
05 August 2010
Sovereign Reversions plc
Directors' Dealings
Sovereign Reversions plc ("Sovereign" or the "Company") announces that following
the sanctioning of the Scheme at the Scheme Court Hearing yesterday, the Company
has earlier today approved the allotment of ordinary shares in the capital of
the Company and the transfer of ordinary shares out of treasury pursuant to the
exercise of share options granted under the Sovereign Reversions Company Share
Option Plan, Unapproved Option Scheme, Long Term Incentive Plan and stand alone
option granted to Robert Wigley, the Chairman of the Company, details of which
are set out below:
+--------------------+--------------------+--------------------+
| Option Holder |Number of Ordinary |Allotment/Transfer |
| | Shares subject to | from Treasury |
| |Exercise of Option | |
+--------------------+--------------------+--------------------+
| | | |
+--------------------+--------------------+--------------------+
| Rupert | 20,387 | Transfer |
| Pearce-Gould | | |
+--------------------+--------------------+--------------------+
| Graeme Marshall | 69,711 | Transfer |
+--------------------+--------------------+--------------------+
| Nigel Hare-Scott | 50,000 | Allotment |
+--------------------+--------------------+--------------------+
| Simon Little | 50,000 | Allotment |
+--------------------+--------------------+--------------------+
| Susan Burgess | 40,000 | Allotment |
+--------------------+--------------------+--------------------+
| Robert Wigley | 125,000 | Allotment |
+--------------------+--------------------+--------------------+
Following the allotment and transfer of the ordinary shares, the total number of
ordinary shares carrying voting rights has increased to 17,309,954. This figure
may be used by shareholders as the denominator for the calculations by which
they can determine if they are required to notify their interest in, or a change
to their interest in the company, under the Disclosure and Transparency Rules.
Directors' and Other Significant Shareholders' Interests
Following the allotment and transfer of the ordinary shares, the Directors and
other Significant Shareholders are, so far as the Company is aware, interested
in the following ordinary shares:
+----------------------------+---------------+---------------+
| Name of Director or | Number of |Percentage of |
| Shareholder | Ordinary | Total Voting |
| | Shares Held | Rights |
+----------------------------+---------------+---------------+
| | | |
+----------------------------+---------------+---------------+
| Rensburg Sheppards | 2,124,961 | 12.28% |
| Investment Management | | |
| Limited | | |
+----------------------------+---------------+---------------+
| Ellis & Sons Third | 1,780,188 | 10.28% |
| Amalgamated Properties | | |
| Limited | | |
+----------------------------+---------------+---------------+
| Rockhopper Investments | 1,525,060 | 8.81% |
| Limited | | |
+----------------------------+---------------+---------------+
| Pensions Insurance | 1,327,750 | 7.67% |
| Corporation Limited | | |
+----------------------------+---------------+---------------+
| Graeme Marshall | 1,147,099 | 6.63% |
+----------------------------+---------------+---------------+
| The Mercantile Investment | 694,050 | 4.01% |
| Trust plc | | |
+----------------------------+---------------+---------------+
| DV4 Investments Limited | 632,800 | 3.66% |
+----------------------------+---------------+---------------+
| Stancroft Trust Limited | 573,305 | 3.31% |
+----------------------------+---------------+---------------+
| Robert Wigley | 175,000 | 1.01% |
+----------------------------+---------------+---------------+
| Rupert Pearce-Gould | 76,337 | 0.44% |
+----------------------------+---------------+---------------+
| Robert Lo | 62,150 | 0.36% |
+----------------------------+---------------+---------------+
For further information please contact:
+----------------------------------------------+--------------+
| Mark Baker, Wriglesworth Consultancy | Tel: 07980 |
| | 635243 |
+----------------------------------------------+--------------+
| | |
+----------------------------------------------+--------------+
| Graeme Marshall, Chief Executive, Sovereign | Tel: 01234 |
| Reversions plc | 356300 |
+----------------------------------------------+--------------+
| | |
+----------------------------------------------+--------------+
| Charles Stanley Securities, Nominated | Tel: 020 |
| Adviser | 7149 6000 |
+----------------------------------------------+--------------+
| Dugald Carlean / Ben Johnston | |
+----------------------------------------------+--------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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