Director/PDMR Shareholding

RNS Number : 7308X

Regional REIT Limited

20 December 2019

 

20 December 2019

Regional REIT Limited (the "Company")

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them ("PCA").

The Company announces that Stephen Inglis, CEO of the asset manager to the Company sold 350,000 Ordinary Shares in the Company on 20 December 2019 at a price of £1.115195 per share. These shares have been sold to meet the tax obligations and charitable commitments of the Inglis family.

Following the transaction, the Inglis family retains a holding of 2,523,231 Ordinary Shares in the Company (0.59% of the available share capital).

This notification is made in accordance with the Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen J Inglis
2	Reason for the notification
a)	Position/status	PDMR (Director)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Regional REIT Limited
b)	LEI	549300D8G4NKLRIKBX73
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 no par value ISIN: GG00BYV2ZQ34
b)	Nature of the transaction	Sale of Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.115195 350,000
d)	Aggregated information - Aggregated volume - Price - Total	350,000 GBP1.115195 GBP 390,318.25
e)	Date of the transaction	20 December 2019
f)	Place of the transaction	London Stock Exchange (XLON)

LEI: 549300D8G4NKLRIKBX73

Enquiries:

Regional REIT Limited
Toscafund Asset Management	Tel: [phone]
Investment Manager to the Group
Adam Dickinson, Investor Relations, Regional REIT Limited
London & Scottish Property Investment Management	Tel: [phone]
Asset Manager to the Group
Stephen Inglis
Buchanan Communications	Tel: [phone]
Financial PR	[e-mail]
Charles Ryland / Victoria Hayns / Henry Wilson

 

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