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", "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 2021 (the "SSIP 21"), vested on 29 July 2024 at a share price of £0.9480 to 43 participants in respect of 2,103,056 ordinary shares of no par value in the Company. The awards were exercised on 29 July 2024, following which the requisite tax directives were obtained. Three PDMRs have notified the Company today that they have exercised their awards following which the requisite tax directives were obtained.

1,256,867 shares are now due to be delivered by the Sirius Real Estate Limited Employee Benefit Trust to satisfy these awards and a further 846,189 shares have been withheld in partial settlement of certain participants' tax liabilities arising in respect of the vesting of the awards.

Disclosure of the awards made to the Persons Discharging Managerial Responsibilities ("PDMRs") are detailed below.

Notification of dealing forms

1.	Details of 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	Transfer of shares from the Sirius Real Estate Employee Benefit Trust to satisfy the exercise of an award made under the SSIP 21. Following this transaction, Mrs. Ress holds a beneficial interest in 44,038 shares, representing 0.0029% of the Company's issued share capital.
d)	Price(s), volume(s) and deemed value	Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) £0.9480 44,038 £41,748.02
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	Transfer of shares from the Sirius Real Estate Employee Benefit Trust to satisfy the exercise of an award made under the SSIP 21. Following this transaction, Mr. Honsek holds a beneficial interest in 83,232 shares, representing 0.0055% of the Company's issued share capital.
d)	Price(s), volume(s) and deemed value	Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) £0.9480 69,413 £65,803.52
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	Anthony Gallagher
2.	Reason for the notification
a)	Position / status	Group Company Secretary
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 SSIP 21. Following this transaction, Mr. Gallagher holds a beneficial interest in 82,916 shares, representing 0.0055% of the Company's issued share capital.
d)	Price(s), volume(s) and deemed value	Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) £0.9480 65,991 £62,559.47
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

[phone]

[e-mail] 

JSE Sponsor

PSG Capital

 

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