Director/PDMR Shareholding

Sirius Real Estate Limited

30 July 2024

 

SIRIUS REAL ESTATE LIMITED

(Incorporated in Guernsey)

Company Number: 46442

JSE Share Code: SRE

LSE (GBP) Share Code: SRE

LEI: 213800NURUF5W8QSK566

ISIN Code: GG00B1W3VF54

 30 July 2024

Sirius Real Estate Limited

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

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")

Awards granted under the Sirius Real Estate Limited 2021 Long Term Incentive Plan (the "LTIP") and one-off awards granted separate to the LTIP

The Company confirms that it granted awards today under the LTIP ("LTIP Awards") and one-off awards separate from the LTIP but on equivalent terms to awards that can be granted under the rules of LTIP ("One-off Awards") (together, the "Awards") to Executive Directors and other Persons Discharging Managerial Responsibilities, which Awards have subsequently all been accepted.

Director/PDMR	Number of ordinary shares subject to LTIP Award
Andrew Coombs	1,148,141
Chris Bowman	980,715
Rüdiger Swoboda	760,160
Kremena Wissel	699,812
Annemie Ress	699,844
Craig Hoskins	266,000
Tobias Schorstädt	266,000
Andreas Schlesinger	266,000
Burkhard Honsek	266,000

Director/PDMR	Number of ordinary shares subject to One-off Award
Andrew Coombs	760,643
Chris Bowman	649,724
Rüdiger Swoboda	4,590
Kremena Wissel	64,938
Annemie Ress	64,906

Each Award has been granted in the form of a nil-cost option and will vest, subject to the rules of the LTIP (except, that in the case of the One-off Awards, individual award limits will instead be in accordance with the Company's Directors' Remuneration Policy most recently approved by shareholders) and the satisfaction of performance conditions assessed over the three financial years of the Company beginning with the financial year ending 31 March 2025. The performance targets and peer group of companies are set out on page 103 of the Company's Annual Report and Accounts 2024.

As set out in the Directors' Remuneration Policy, any awards that vest in excess of the relevant limit that applies to the participants under the 2021 LTIP plan rules will be settled via non-dilutive market purchase shares. Following the assessment of the performance conditions, vested Awards will be subject to a further two-year holding period.  

1.	Details of Director/PDMR
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
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	Grant of nil-cost option over ordinary shares under the LTIP.
d)	Price(s) and volume(s)	Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) N/A 1,148,141 Nil
e)	Date of the transaction	29 July 2024
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 Director/PDMR
a)	Name	Chris Bowman
2.	Reason for the notification
a)	Position / status	Chief Financial Officer
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	Grant of nil-cost option over ordinary shares under the LTIP.
d)	Price(s) and volume(s)	Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) N/A 980,715 Nil
e)	Date of the transaction	29 July 2024
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	Rüdiger Swoboda
2.	Reason for the notification
a)	Position / status	Chief Operating Officer
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	Grant of nil-cost option over ordinary shares under the LTIP.
d)	Price(s) and volume(s)	Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) N/A 760,160 Nil
e)	Date of the transaction	29 July 2024
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	Kremena Wissel
2.	Reason for the notification
a)	Position / status	Chief Impact and Marketing Officer
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	Grant of nil-cost option over ordinary shares under the LTIP.
d)	Price(s) and volume(s)	Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) N/A 699,812 Nil
e)	Date of the transaction	29 July 2024
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 Director/PDMR
a)	Name	Annemie Ress
2.	Reason for the notification
a)	Position / status	Group HR Officer
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	Grant of nil-cost option over ordinary shares under the LTIP.
d)	Price(s) and volume(s)	Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) N/A 699,844 Nil
e)	Date of the transaction	29 July 2024
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	Craig Hoskins
2.	Reason for the notification
a)	Position / status	Asset Management Dir. & Dir. Of Employee Engagement
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	Grant of nil-cost option over ordinary shares under the LTIP.
d)	Price(s) and volume(s)	Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) N/A 266,000 Nil
e)	Date of the transaction	29 July 2024
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	Tobias Schorstädt
2.	Reason for the notification
a)	Position / 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	Grant of nil-cost option over ordinary shares under the LTIP.
d)	Price(s) and volume(s)	Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) N/A 266,000 Nil
e)	Date of the transaction	29 July 2024
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)	Position / status	Contracts, Utilities and 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	Grant of nil-cost option over ordinary shares under the LTIP.
d)	Price(s) and volume(s)	Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) N/A 266,000 Nil
e)	Date of the transaction	29 July 2024
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	Burkhard Honsek
2.	Reason for the notification
a)	Position / status	Finance 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	Grant of nil-cost option over ordinary shares under the LTIP.
d)	Price(s) and volume(s)	Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) N/A 266,000 Nil
e)	Date of the transaction	29 July 2024
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 Director/PDMR
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
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	Grant of nil-cost option over ordinary shares under equivalent terms of the LTIP.
d)	Price(s) and volume(s)	Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) N/A 760,643 Nil
e)	Date of the transaction	29 July 2024
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 Director/PDMR
a)	Name	Chris Bowman
2.	Reason for the notification
a)	Position / status	Chief Financial Officer
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	Grant of nil-cost option over ordinary shares under equivalent terms of the LTIP.
d)	Price(s) and volume(s)	Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) N/A 649,724 Nil
e)	Date of the transaction	29 July 2024
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	Rüdiger Swoboda
2.	Reason for the notification
a)	Position / status	Chief Operating Officer
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	Grant of nil-cost option over ordinary shares under equivalent terms of the LTIP.
d)	Price(s) and volume(s)	Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) N/A 4,590 Nil
e)	Date of the transaction	29 July 2024
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	Kremena Wissel
2.	Reason for the notification
a)	Position / status	Chief Impact and Marketing Officer
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	Grant of nil-cost option over ordinary shares under equivalent terms of the LTIP.
d)	Price(s) and volume(s)	Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) N/A 64,938 Nil
e)	Date of the transaction	29 July 2024
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 Director/PDMR
a)	Name	Annemie Ress
2.	Reason for the notification
a)	Position / status	Group HR Officer
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	Grant of nil-cost option over ordinary shares under equivalent terms of the LTIP.
d)	Price(s) and volume(s)	Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) N/A 64,906 Nil
e)	Date of the transaction	29 July 2024
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 Chris Bowman, CFO	[phone]
FTI Consulting (Financial PR) Richard Sunderland James McEwan Talia Shirion [e-mail]	[phone]
JSE Sponsor PSG Capital

 

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