Athelney Trust PLC Major Share Movement (4195F)
12 Julio 2019 - 8:20AM
UK Regulatory
TIDMATY
RNS Number : 4195F
Athelney Trust PLC
12 July 2019
Athelney Trust PLC
Legal Entity Identifier: 213800ON67TJC7F4DL05
We are pleased to announce that on 12 July 2019, Robin Boyle
disposed of 110,001 shares of which 40,001 were sold to Global
Masters Fund Limited (GMF) at NAV, 239p.
A further 70,000 shares were sold separately to another party at
NAV, 239p.
This transaction reflects terms agreed between the two parties
this month, based on the original agreement made in March 2010. We
now expect remaining shares controlled by Robin Boyle to be sold
over the next 12 months, as required by the agreement between the
two parties.
Frank Ashton comments: "Robin Boyle is the founder of Athelney
Trust plc. I am pleased to see that agreement on the sale of
Robin's shares has been reached between the two major shareholders;
it also reflects Robin's stated intention to retire from an active
role in the company. We wish him well in his next chapter. As this
marks the successful end of negotiations between the parties I now
relinquish the role of Executive Chairman and return to
Non-Executive Chairman, effective immediately".
GMF now holds 545,005 shares representing 25.26% of the issued
share capital in Athelney Trust plc and Robin Boyle now controls
339,054 shares representing 15.71% of the issued share capital in
Athelney Trust plc.
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END
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July 12, 2019 09:20 ET (13:20 GMT)
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