Director/PDMR Shareholding

RNS Number : 6312R

Irish Residential Prop REIT PLC

09 March 2021

 

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

 This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	MARGARET SWEENEY
2	Reason for the notification
a)	Position/status	CHIEF EXECUTIVE OFFICER
b)	Initial Notification Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	IRISH RESIDENTIAL PROPERTIES REIT PLC
b)	LEI	635400EOPACLULRENY18
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 Identification code	ORDINARY SHARES OF €0.10 EACH IDENTIFICATION CODE: IE00BJ34P519
b)	Nature of the transaction	GRANT OF A CONDITIONAL AWARD OF 335,820 ORDINARY SHARES OF €0.10 EACH TO BE ISSUED IN ACCORDANCE WITH AND SUBJECT TO THE IRISH RESIDENTIAL PROPERTIES REIT PLC LONG TERM INCENTIVE PLAN 2014 (AS AMENDED IN NOVEMBER 2015) WITH A VESTING DATE OF 5 MARCH 2024, SUBJECT TO RESTRICTIONS
c)	Price(s) and volume(s)	Price(s) Volume(s) NIL CONDITIONAL AWARD OVER 335,820 ORDINARY SHARES
d)	Aggregated information - Aggregated volume - Price	NIL - CONDITIONAL AWARD OF 335,820 ORDINARY SHARES OF €0.10 EACH VALUED AS AT 5 MARCH 2021 AT A PRICE OF €1.608 PER ORDINARY SHARE (BEING THE CLOSING PRICE ON THE GRANT DATE)
e)	Date of the transaction	5 MARCH 2021
f)	Place of the transaction	OUTSIDE A TRADING VENUE
g)	Additional Information	NONE

 

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