National Storage Mechanism | Additional information
RNS Number : 8007C
Glenveagh Properties plc
09 October 2025
 

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

 

 [This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Teleios Capital Partners LLC

 

 

2

Reason for the notification

 

a)

Position/status

A person closely associated with a person discharging managerial responsibilities. Max Steinebach Non-executive Director

b)

Initial Notification Amendment

Initial notification

 

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Glenveagh Properties plc

 

b)

LEI

635400QUQ2YYGMOAK834

 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial  instrument,

type  of

instrument

Identification code

Glenveagh Properties plc Ordinary Shares of €0.001 each

ISIN: IE00BD6JX574

b)

Nature of the transaction  

Sale of shares

 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Euro 1.77

28,381,760

 

 

d)

Aggregated information

- Aggregated volume

- Price

Not applicable - single sale

 

e)

Date of the transaction

8 October 2025

 

f)

Place of the transaction

Dublin

 

g)

Additional Information

 

https://www.londonstockexchange.com/news-article/market-news/result-of-secondary-placing-in-glenveagh/17268143

 

RESULTS OF PLACING OF ORDINARY SHARES IN GLENVEAGH PROPERTIES PLC

Further to the announcement released on 07 October 2025  in relation to a proposed secondary sale of ordinary shares (the "Placing Shares") in Glenveagh Properties Plc ("Glenveagh" or the "Company"), Teleios Capital Partners LLC, acting through Teleios Global Opportunities Master Fund, Ltd. (the "Seller") announces that, subject to completion, it has sold in aggregate 28,381,760 ordinary shares at the price of €1.77 per share.  The Placing Shares represent approximately 5.3% of Glenveagh's issued share capital.

Following the completion of the Placing, the Seller will hold 85,515,525 ordinary shares corresponding to approximately 16.1% of Glenveagh's entire issued share capital. These shares are subject to a 150-day lock-up undertaking (subject to certain customary exceptions).

 

 

 

 

 

 

 

 

 

 

 

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