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Mountview Estates. (MTVW)

Mountview Estates.

Announcement re the Sinclair Family Concert Party
RNS Number : 4482L
Mountview Estates PLC
03 October 2016

Embargoed 7.00a.m. 3 October 2016

Mountview Estates P.L.C.

Miscellaneous: Announcement regarding the Sinclair Family Concert Party



3 October 2016


Mountview Estates P.L.C.



Announcement regarding the Sinclair Family Concert Party



("Mountview" or "the Company")




The Company has previously notified its shareholders of the existence of a concert party consisting of certain members of the Sinclair family, related Sinclair family trusts and companies under the control of certain Sinclair family members (the "Concert Party") as more particularly set out in the Appendix to this announcement.

In September 2013, the Concert Party entered into a revised agreement (the "Concert Party Agreement") setting out certain terms of conduct between members of the Concert Party including the event of an offer being made for the Company.  The concert party members are not bound under the terms of the Concert Party Agreement to vote together at a general meeting of the Company.  The Concert Party Agreement came to an end, in accordance with its terms, at 5.00pm on Friday, 30 September 2016.

The Concert Party has agreed in principle to extend the Concert Party Agreement, in the same terms, until 30 September 2019; this amendment to the Concert Party Agreement is currently being finalised and a further announcement will be made once this has been completed.

This concert party continues to have control of voting rights over 2,087,681 ordinary shares representing approximately 53.54 per cent. of the Company's issued share capital. 


APPENDIX - Sinclair Family Concert Party Members

Anray Limited

Mrs Phyllis Esme Cullen

Mrs Elizabeth Langrish-Smith

Miss Emma Lucy Langrish-Smith

Mr James Langrish-Smith

Mr Matthew Langrish-Smith

Scorpion Estates Limited

Mrs Susan Mary Simkins

Mr Ronnie Simkins

Miss Louise Simkins

Mr Thomas Simkins

8532630 Canada Inc.

Mrs Daphne Sinclair

Mr Duncan Morrall Sinclair

8532729 Canada Inc.

Sinclair Estates Limited

Viewthorpe (Old) Limited

Viewthorpe (Subco 2) Limited

Mrs Angela Williams

Mr Rupert Williams

Frank & Daphne Sinclair Grandchildren Settlement



~ Ends ~



For further information on the Company, visit: www.mountviewplc.co.uk 



SPARK Advisory Partners Limited (Financial Adviser)


Miriam Greenwood

0203 368 3553

Mark Brady

0203 368 3551







This information is provided by RNS
The company news service from the London Stock Exchange
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