Sirius Real Estate Limited
('SRE' or the 'Company')
The Company has been informed that on 20 September 2010 Athol Trust and Springbok Trust each acquired 550,000 SRE shares at an average price of 29.8c per share.
Frank Oppenheim and Kevin Oppenheim, both of whom are directors of the Company's asset manager, Principle Capital Sirius Real Estate Asset Management Limited, are the beneficiaries of, respectively, Athol Trust and Springbok Trust.
In addition, Frank and Kevin Oppenheim each indirectly hold 25% of the share capital of Staracre Limited, which owns 15,000,000 ordinary shares of the Company.
Following the above acquisitions, Frank Oppenheim indirectly holds 11,260,210 ordinary shares of the Company representing 3.7% of the ordinary shares in issue. Kevin Oppenheim indirectly holds 11,260,213 ordinary shares of the Company representing 3.7% of the ordinary shares in issue.
Enquiries
Cardew Group 020 7930 0777
Tim Robertson
Catherine Maitland
KBC Peel Hunt Ltd 0207 418 8900
Capel Irwin/ Alex Vaughan/ Nicholas Marren