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On 5 June 2025, Logistics Development Group plc announced updated shareholdings for Directors Adrian Collins and Colin Kingsnorth, and its Concert Party, following a Tender Offer. Adrian Collins tendered 343,005 shares and now holds 656,995 Ordinary Shares (0.16%), while Colin Kingsnorth tendered 3,828,307 shares and now holds 8,010,500 Ordinary Shares (1.94%). Following completion of the Tender Offer, the Concert Party's aggregate holding is 141,617,382 Ordinary Shares, representing 34.22% of the Company's ordinary shares post-Tender.
| Date | 5 Jun 2025 |
| Time | 07:00:04 |
| Category | Corporate updates |
| ID | 4810L |
5 June 2025
Logistics Development Group plc
(or "LDG" or the "Company")
Update re Directors' and Concert Party shareholdings
Further to the Company's announcement on 24 April 2025 of the results of the Tender Offer ("Results Announcement"), LDG has been notified, following confirmations received by the relevant shareholders from the respective broker nominees holding their shares, of updated shareholdings as set out below, which replace the shareholdings set out in the Results Announcement.
|
Director |
Valid Tenders satisfied |
Resultant Ordinary Shares held |
Resultant % post-Tender |
|
Adrian Collins |
343,005 |
656,995 |
0.16% |
|
Colin Kingsnorth |
3,828,307 |
8,010,500 |
1.94% |
Following completion of the Tender Offer, the Concert Party's aggregate holding comprises 141,617,382 Ordinary Shares, representing approximately 34.22% of the Company's ordinary shares post-Tender.
Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as defined in the Company announcement on 28 March 2025.
For enquiries:
|
Logistics Development Group plc |
Via FTI Consulting
|
|
FTI Consulting Nick Hasell Alex Le May
|
+44 (0) 20 3727 1340 |
|
Strand Hanson Limited (Financial and Nominated Adviser) James Dance Richard Johnson Abigail Wennington
|
+44 (0) 20 7409 3494 |
|
Investec Bank plc (Broker) Gary Clarence |
+44 (0) 20 7597 5970 |