RNS Number : 2706B
Sirius Real Estate Limited
05 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

 

5 June 2019

 

Sirius Real Estate Limited

(the "Company")

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PDMR

Sirius Real Estate announces that awards granted to two participants, Mr. Andrew Coombs and Mr. Alistair Marks, under the Sirius Real Estate Limited 2017 Deferred Bonus Plan (the "2017 DBP") vested on 4 June 2019 in respect of 189,000 ordinary shares of no par value in the Company.

39,010 shares have been withheld in settlement of Mr Alistair Marks' tax liabilities arising in respect of the vesting of the awards and, accordingly, 149,990 shares in total will be transferred from the Sirius Real Estate Employee Benefits Trust to the participants as set out below.

Notification and public disclosure of transactions by PDMRs and persons closely associated with them.

 

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

Transfer of shares from the Sirius Real Estate Employee Benefits Trust to satisfy an award made under the Sirius Real Estate Limited 2017 Deferred Bonus Plan.

Following this transaction, Mr. Coombs holds a beneficial interest in 9,878,349 shares, representing 0.97% of the issued share capital.

d)

Price(s) and

volume(s)

Price(s)

(p/GBP)

 

Volume(s)

Total(s)

(p/GBP)

Nil

107,730

0.00

 

e)

Date of the transaction

4 June 2019

f)

Place of the transaction

Outside a trading venue (off-market)

g)

Nature and extent of interest in the transaction

Direct, beneficial

h)

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

Transfer of shares from the Sirius Real Estate Employee Benefits Trust to satisfy an award made under the Sirius Real Estate Limited 2017 Deferred Bonus Plan.

Following this transaction, Mr. Marks holds a beneficial interest in 7,070,828 shares, representing 0.69% of the issued share capital.

d)

Price(s) and

volume(s)

Price(s)

(p/GBP)

 

Volume(s)

Total(s)

(p/GBP)

Nil

42,260

0.00

 

e)

Date of the transaction

4 June 2019

f)

Place of the transaction

Outside a trading venue (off-market)

g)

Nature and extent of interest in the transaction

Direct, beneficial

h)

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

 

JSE Sponsor

PSG Capital

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DSHLLFLSRRIEIIA