14 June 2019
SIRIUS REAL ESTATE LIMITED
(Incorporated in Guernsey)
Company Number: 46442
JSE Share Code: SRE
LSE (EUR) Share Code: ESRE
LSE (GBP) Share Code: SRE
ISIN Code: ISIN GG00B1W3VF54
Sirius Real Estate Limited
(the "Company")
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PDMR
Notification and public disclosure of transactions by PDMRs and persons closely associated with them.
The Company confirms that on 14 June 2019 it granted the "2019 Awards" under the Sirius Real Estate Long Term Incentive Plan 2018 (the "LTIP"), including awards granted to its Executive Directors and other Person Discharging Managerial Responsibilities.
Each award granted to the Executive Directors and other Person Discharging Managerial Responsibilities has been granted in the form of a Nil-Cost Option and consists of an "Ordinary Award" and an "Outperformance Award" as described in the circular relating to the General Meeting.
| Director/PDMR | Number of shares subject to Ordinary Award | Number of shares subject to Outperformance Award |
| Andrew Coombs | 1,200,000 | 300,000 |
| Alistair Marks | 1,200,000 | 300,000 |
| Rüdiger Swoboda | 360,000 | 90,000 |
Each award is subject to a performance condition assessed over the four financial years of the Company starting with the financial year ending 31 March 2019. Subject to the rules of the LTIP and to the satisfaction of the performance condition, the awards will vest following the assessment of the performance condition but will not be "released" until the end of a further two year holding period.
| 1. | Details of PDMR / person closely associated with them ("PCA") | ||||||||||
| a) | Name | Andrew Coombs | |||||||||
| 2. | Reason for the notification | ||||||||||
| a) | Position / status | Chief Executive Officer | |||||||||
| b) | Initial notification / amendment | Initial notification | |||||||||
| 3. | Details of the issuer | ||||||||||
| a) | Name | Sirius Real Estate Limited
| |||||||||
| b) | LEI | 213800NURUF5W8QSK566 | |||||||||
| 4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||||||||
| a) | Description of the financial instrument, type of instrument | Ordinary shares of no par value. | |||||||||
| b) | Identification code | GB00B1W3VF54 | |||||||||
| c) | Nature of the transaction | Grant of nil-cost option over ordinary shares under the Sirius Real Estate 2018 Long Term Incentive Plan. Mr. Coombs currently has a beneficial interest in 8,888,349 shares, representing 0.87% of the issued share capital. | |||||||||
| d) | Price(s) and volume(s) |
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| e) | Price(s) and volume(s) |
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| f) | Date of the transaction | 14 June 2019 | |||||||||
| g) | Place of the transaction | Outside a trading venue (off market) | |||||||||
| h) | Nature and extent of interest in the transaction | Direct, beneficial | |||||||||
| i) | Clearance to deal in these securities was obtained in accordance with paragraph 3.66 of the Listings Requirements of the JSE Limited. | ||||||||||
| 1. | Details of PDMR / person closely associated with them ("PCA") | ||||||||||
| a) | Name | Alistair Marks | |||||||||
| 2. | Reason for the notification | ||||||||||
| a) | Position / status | Chief Financial Officer | |||||||||
| b) | Initial notification / amendment | Initial notification | |||||||||
| 3. | Details of the issuer | ||||||||||
| a) | Name | Sirius Real Estate Limited
| |||||||||
| b) | LEI | 213800NURUF5W8QSK566 | |||||||||
| 4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||||||||
| a) | Description of the financial instrument, type of instrument | Ordinary shares of no par value. | |||||||||
| b) | Identification code | GB00B1W3VF54 | |||||||||
| c) | Nature of the transaction | Grant of nil-cost option over ordinary shares under the Sirius Real Estate 2018 Long Term Incentive Plan. Mr. Marks currently has a beneficial interest in 7,070,828 shares, representing 0.69% of the issued share capital. | |||||||||
| d) | Price(s) and volume(s) |
| |||||||||
| e) | Price(s) and volume(s) |
| |||||||||
| f) | Date of the transaction | 14 June 2019 | |||||||||
| g) | Place of the transaction | Outside a trading venue (off market) | |||||||||
| h) | Nature and extent of interest in the transaction | Direct, beneficial | |||||||||
| i) | Clearance to deal in these securities was obtained in accordance with paragraph 3.66 of the Listings Requirements of the JSE Limited. | ||||||||||
| 1. | Details of PDMR / person closely associated with them ("PCA") | ||||||||||
| a) | Name | Rüdiger Swoboda | |||||||||
| 2. | Reason for the notification | ||||||||||
| a) | Position / status | Group Sales Director | |||||||||
| b) | Initial notification / amendment | Initial notification | |||||||||
| 3. | Details of the issuer | ||||||||||
| a) | Name | Sirius Real Estate Limited
| |||||||||
| b) | LEI | 213800NURUF5W8QSK566 | |||||||||
| 4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||||||||
| a) | Description of the financial instrument, type of instrument | Ordinary shares of no par value. | |||||||||
| b) | Identification code | GB00B1W3VF54 | |||||||||
| c) | Nature of the transaction | Grant of nil-cost option over ordinary shares under the Sirius Real Estate 2018 Long Term Incentive Plan. Mr. Swoboda currently has a beneficial interest in 1,139,346 shares representing 0.11% of the issued share capital.
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| d) | Price(s) and volume(s) |
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| e) | Price(s) and volume(s) |
| |||||||||
| f) | Date of the transaction | 14 June 2019 | |||||||||
| g) | Place of the transaction | Outside a trading venue (off market) | |||||||||
| h) | Nature and extent of interest in the transaction | Direct, beneficial | |||||||||
| i) | Clearance to deal in these securities was obtained in accordance with paragraph 3.66 of the Listings Requirements of the JSE Limited. | ||||||||||
Enquiries
| For further information:
Sirius Real Estate Andrew Coombs, CEO Alistair Marks, CFO | +49 (0)30 285010110 |
|
Tavistock Jeremy Carey James Verstringhe Charlotte Dale | +44 (0)20 7920 3150 |
LEI: 213800NURUF5W8QSK566
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