Director/PDMR Shareholding
In brief · summary, not quotable
Teleios Capital Partners LLC, a person closely associated with a Glenveagh Properties plc Non-executive Director, has sold 12,000,000 ordinary shares at €2.15 per share on May 8, 2026, in Dublin. This transaction represents approximately 2.3% of Glenveagh's issued share capital, and following the sale, Teleios will hold approximately 14.4% of the company's shares, subject to a 90-day lock-up. Glenveagh Properties plc will not receive any proceeds from this transaction.
Full announcement
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| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Teleios Capital Partners LLC | |
| 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 | |
| a) | Name | Glenveagh Properties plc | |
| b) | LEI | 635400QUQ2YYGMOAK834 | |
| 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 2.15 12,000,000 | |
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single sale | |
| e) | Date of the transaction | 8 May 2026 | |
| f) | Place of the transaction | Dublin | |
| g) | Additional Information | Results of Secondary Placing in Glenveagh - 07:00:03 08 May 2026 - News article | London Stock Exchange RESULTS OF PLACING OF ORDINARY SHARES IN GLENVEAGH PROPERTIES PLC Further to the announcement released on 07 May 2026 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 12 million ordinary shares at the price of €2.15 per share. The Placing Shares represent approximately 2.3% of Glenveagh's issued share capital. Following the completion of the Placing, the Seller will hold 73,515,525 ordinary shares corresponding to approximately 14.4% of Glenveagh's entire issued share capital. These shares are subject to a 90-day lock-up undertaking (subject to certain customary exceptions). J&E Davy ("Davy"), is acting as Sole Bookrunner in connection with the Placing (the "Bookrunner"). The Company will not receive any proceeds from the Placing. ENQUIRIES Davy (Sole Bookrunner) +353 1 679 7788 Brian Garrahy / Orla Cowzer |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.