Director/PDMR Shareholding
In brief · summary, not quotable
Glenveagh Properties plc announced that Teleios Capital Partners LLC, a person closely associated with a director, sold 20,633,681 ordinary shares at €2.23 per share, representing approximately 4.1% of the company's issued share capital. Following this transaction, Teleios Capital Partners LLC will hold approximately 10.6% of Glenveagh's issued share capital, subject to a 90-day lock-up. Additionally, Max Steinebach, a person discharging managerial responsibilities, sold 276,631 ordinary shares at €2.23 per share. Glenveagh Properties plc itself was allocated approximately €20 million in the placing, which was conducted outside a trading venue.
Full announcement
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| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||
| a) | Name | Teleios Capital Partners LLC ("TCP") | |||||
| 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) |
| |||||
| d) | Aggregated information - Aggregated volume - Price | Not applicable | |||||
| e) | Date of the transaction | 2026-09-15 | |||||
| f) | Place of the transaction | Outside a trading venue | |||||
| g) | Additional Information | Results of Secondary Placing in Glenveagh Plc | Regulatory News RESULT OF PLACING OF ORDINARY SHARES IN GLENVEAGH PROPERTIES PLC Further to the announcement released on 14 September 2026 in relation to a proposed secondary sale of ordinary shares (the " Placing Shares ") in Glenveagh Properties Plc (" Glenveagh "), Teleios Capital Partners LLC, acting through Teleios Opportunities Special Investment 2 (the " Seller ") announces that it has sold 20,633,681 ordinary shares at the price of €2.23 per share, representing approximately 4.1% of Glenveagh's issued share capital. Following the Placing, Teleios Capital Partners LLC, through its investment vehicles, will hold 52,881,844 ordinary shares corresponding to approximately 10.6% of Glenveagh's entire issued share capital. These shares are subject to a 90-day lock-up undertaking (subject to certain customary exceptions). Glenveagh was allocated approximately €20 million in the Placing. Glenveagh's participation in the Secondary Share Placement was conducted within the limitations of the Company's on-going buyback programme and the general authority to repurchase shares as set out in Resolution 10 approved by the Company's shareholders at the 2026 Annual General Meeting on 15 May 2026. Jefferies International Limited and Jefferies GmbH (" Jefferies ") acted as Sole Global Coordinator and Sole Bookrunner in connection with the Placing (collectively the " Sole Global Coordinator "). The Company will not receive any proceeds from the Placing. | ||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||
| a) | Name | Max Steinebach | |||||
| Reason for the notification | |||||||
| a) | Position/status | A person discharging managerial responsibilities. | |||||
| 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 Ordinary Shares of Glenveagh Properties plc by Teleios Opportunities Special Investment 2 on behalf of Max Steinebach. . | |||||
| c) | Price(s) and volume(s) |
| |||||
| d) | Aggregated information - Aggregated volume - Price | Not applicable | |||||
| e) | Date of the transaction | 2026-09-15 | |||||
| f) | Place of the transaction | Outside a trading venue | |||||
| g) | Additional Information | Results of Secondary Placing in Glenveagh Plc | Regulatory News RESULT OF PLACING OF ORDINARY SHARES IN GLENVEAGH PROPERTIES PLC Further to the announcement released on 14 September 2026 in relation to a proposed secondary sale of ordinary shares (the " Placing Shares ") in Glenveagh Properties Plc (" Glenveagh "), Teleios Capital Partners LLC, acting through Teleios Opportunities Special Investment 2 (the " Seller ") announces that it has sold 20,633,681 ordinary shares at the price of €2.23 per share, representing approximately 4.1% of Glenveagh's issued share capital. Following the Placing, Teleios Capital Partners LLC, through its investment vehicles, will hold 52,881,844 ordinary shares corresponding to approximately 10.6% of Glenveagh's entire issued share capital. These shares are subject to a 90-day lock-up undertaking (subject to certain customary exceptions). Glenveagh was allocated approximately €20 million in the Placing. Glenveagh's participation in the Secondary Share Placement was conducted within the limitations of the Company's on-going buyback programme and the general authority to repurchase shares as set out in Resolution 10 approved by the Company's shareholders at the 2026 Annual General Meeting on 15 May 2026. Jefferies International Limited and Jefferies GmbH (" Jefferies ") acted as Sole Global Coordinator and Sole Bookrunner in connection with the Placing (collectively the " Sole Global Coordinator "). The Company will not receive any proceeds from the Placing. | ||||
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.