Director/PDMR Shareholding

RNS Number : 8045N

Sirius Real Estate Limited

31 October 2016

 

31 October 2016

Sirius Real Estate Limited

("Sirius" or the "Company")

Director/PDMR Shareholding

Sirius Real Estate, the leading operator of branded business parks providing conventional space and flexible workspace in Germany was notified on 28 October 2016 that Andrew Coombs, Chief Executive Officer of Sirius, has entered into a personal loan arrangement with Investec Bank Plc ("Investec Bank") and granted pledges in favour of Investec Bank over 2,603,065 ordinary shares in the Company as security in connection with a loan.  The loan is to support the purchase of a personal residence in the UK. The transaction took place on 28 October 2016.

Andrew Coombs' beneficial interests remain unchanged at 4,331,852 ordinary shares representing 0.51% of the issued ordinary share capital.

Ends

Enquiries:

Sirius Real Estate                                                                             [phone]             

Andrew Coombs, CEO

Alistair Marks, CFO        

Peel Hunt                                                                                            [phone]

Capel Irwin 

Edward Fox         

Canaccord Genuity Limited                                                         [phone]

Bruce Garrow

Chris Connors                                                                                 

JSE Sponsor: PSG Capital                                                               [phone]

David Tosi                                                                                                   

Willie Honeyball

Novella                                                                                                 [phone]

Tim Robertson

Toby Andrews

1	Details of the person discharging managerial responsibilities/person closely associated
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, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Sirius Real Estate Limited
b)	LEI	N/a
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 GG00B1W3VF54
b)	Nature of the transaction	Pledge in favour of Investec Bank Plc
c)	Price(s) and volume(s)	Price(s) Volume(s) 52.5c (Euro) 2,603,065
d)	Aggregated information -         Aggregated volume -         Price	N/a single transaction
e)	Date of the transaction	2016-10-28
f)	Place of the transaction	London Stock Exchange, AIM

 

END

 

 

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