Director/PDMR Shareholding

RNS Number : 9934E

Sirius Real Estate Limited

16 March 2022

 

SIRIUS REAL ESTATE LIMITED

(Incorporated in Guernsey)

Company Number: 46442

JSE Share Code: SRE

LSE (GBP) Share Code: SRE

LEI: 213800NURUF5W8QSK566

ISIN Code: GG00B1W3VF54

16 March 2022

Sirius Real Estate Limited

("Sirius Real Estate", "Sirius" or the "Company")

Notification and public disclosure of transactions by Persons Discharging Managerial Responsibilities ("PDMRs")

Sirius Real Estate announces that awards granted under the Sirius Real Estate Limited Senior Share Incentive Plan 2019 (the "SSIP 19"), vested in full on 14 March 2022 at a share price of £1.22 and two PDMRs have notified the Company today that they have exercised their awards.

Mr Tobias Schorstädt has exercised his award of 102,946 shares and received 60,040 (net) ordinary shares of no par value in the Company and Mr Andreas Schlesinger has exercised his award of 61,767 shares and will receive 34,398 (net) ordinary shares of no par value in the Company.42,906 and 27,369 shares have been withheld in settlement of Messrs Schorstädt and Schlesinger's respective tax liabilities arising in respect of the vesting of the awards.

Notification of dealing forms

1.	Details of PDMR
a)	Name	Tobias Schorstädt
2.	Reason for the notification
a)	Positio n/ status	Acquisitions Director
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	GG00B1W3VF54
c)	Nature of the transaction	Transfer of shares from the Sirius Real Estate Employee Benefit Trust to satisfy the exercise of an award made under the Sirius Real Estate Limited Senior Share Incentive Plan 2019. Following this transaction, Mr. Schorstädt holds a beneficial interest in 60,040 shares, representing 0.005% of the issued share capital.
d)	Price(s) and volume(s)	Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) Nil 60,040 0.00
e)	Date of the transaction	14 March 2022
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
a)	Name	Andreas Schlesinger
2.	Reason for the notification
a)	Positio n/ status	Contracts, Utilities & Environmental Services Director
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	GG00B1W3VF54
c)	Nature of the transaction	Transfer of shares from the Sirius Real Estate Employee Benefit Trust to satisfy the exercise of an award made under the Sirius Real Estate Limited Senior Share Incentive Plan 2019. Following this transaction, Mr. Schlesinger holds a beneficial interest in 81,631 shares, representing 0.007% of the issued share capital.
d)	Price(s) and volume(s)	Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) Nil 34,398 0.00
e)	Date of the transaction	14 March 2022
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.

For further information:

Sirius Real Estate

Andrew Coombs, CEO / Diarmuid Kelly, CFO

[phone]

FTI Consulting  (Financial PR)

Richard Sunderland / Claire Turvey / James McEwan / Talia Jessener

[phone]

[e-mail] 

JSE Sponsor

PSG Capital

 

END

 

 

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