PDMR Notification

RNS Number : 2247F

Irish Residential Prop REIT PLC

11 July 2019

 

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	(I)           ORDINARY SHARES OF €0.10 EACH         IDENTIFICATION CODE: IE00BJ34P519 (II)          GRANT OF SHARE OPTIONS TO SUBSCRIBE FOR ORDINARY SHARES OF €0.10 EACH
b)	Nature of the transaction	(I)           PURCHASE OF SHARES (II)          GRANT OF SHARE OPTIONS TO SUBSCRIBE FOR 1,294,038 ORDINARY SHARES OF €0.10 EACH IN ACCORDANCE WITH AND SUBJECT TO THE IRISH RESIDENTIAL PROPERTIES REIT PLC LONG TERM INCENTIVE PLAN 2014 (AS AMENDED IN NOVEMBER 2015)
c)	Price(s) and volume(s)	(I)           Price(s) Volume(s) €1.55 14,951 (II)          Price(s) Volume(s) NIL SHARE OPTIONS OVER 1,294,038 ORDINARY SHARES WITH AN EXERCISE PRICE OF €1.682 PER ORDINARY SHARE
d)	Aggregated information - Aggregated volume - Price	(I)           14,951 ORDINARY SHARES                      AVERAGE PRICE OF €1.55 PER ORDINARY SHARE (II)          NIL - SHARE OPTIONS IN THE FORM OF OPTIONS OVER 1,294,038 ORDINARY SHARES OF €0.10 EACH WITH AN EXERCISE PRICE OF €1.682 (BEING THE CLOSING PRICE ON THE GRANT DATE) PER ORDINARY SHARE
e)	Date of the transaction	(I)           10 JULY 2019 (II)          10 JULY 2019
f)	Place of the transaction	(I)           EURONEXT DUBLIN (II)          OUTSIDE A TRADING VENUE
g)	Additional Information	NONE

This announcement has been issued through the Companies Announcement Service of Euronext Dublin.

 

END

 

 

ISEGIGDRLXBBGCB