Shaftesbury Capital completes Covent Garden partnership; director acquires shares

Shaftesbury Capital PLC (JSE:SHC) has completed its long-term partnership with Norges Bank Investment Management (NBIM), the Norwegian sovereign wealth fund, concerning its Covent Garden estate. NBIM has acquired a 25 percent non-controlling interest in the estate, while Shaftesbury Capital retains 75 percent ownership and management control. In related news, Sian Westerman, a Non-executive Director of Shaftesbury Capital, purchased 15,000 ordinary shares of the company at a price of GBP1.255298 per share on March 31, 2025. The transaction, executed on the London Stock Exchange (XLON), represents a total investment of GBP18,829.47. Following this purchase, Westerman's total holdings amount to 15,000 ordinary shares, representing approximately 0.0008% of the company's issued share capital. Shaftesbury Capital, a constituent of the FTSE-250 Index, holds property assets under management valued at GBP5.0 billion across central London's West End.