Director/PDMR Shareholding

RNS Number : 8911U

Urban Logistics REIT PLC

07 December 2021

 

Urban Logistics REIT plc

("Urban Logistics" or the "Company")

Director / PDMR Shareholdings

Urban Logistics announces that Nigel Rich, independent Non-Executive Chairman, and Richard Moffitt, Non independent Non-Executive Director, have purchased 100,000 and 58,824 shares in the Company respectively as part of the oversubscribed Initial Placing, Offer for Subscription and Intermediaries Offer by the Company, at a price of 170 pence per Ordinary Share, as announced on 2 December 2021.

As a result, Nigel Rich and Richard Moffitt's interest in the share capital of the Company is 540,536 and 1,142,843 Ordinary Shares respectively.

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nigel Rich
2	Reason for the notification
a)	Position/status	Independent Non-Executive Chairman (PDMR)
b)	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Urban Logistics REIT plc
b)	LEI	213800P6ODJW2UFNDC37
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 £0.01 each ISIN: GB00BYV8MN78
b)	Nature of the transaction	Acquisition of 100,000 Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 170p 100,000
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	7 December 2021
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Richard Moffitt
2	Reason for the notification
a)	Position/status	Non-Independent Non-Executive Director (PDMR)
b)	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Urban Logistics REIT plc
b)	LEI	213800P6ODJW2UFNDC37
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 £0.01 each ISIN: GB00BYV8MN78
b)	Nature of the transaction	Acquisition of 58,824 Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 170p 58,824
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	7 December 2021
f)	Place of the transaction	London Stock Exchange

For further information contact: 

Link Company Matters Limited - Company Secretary	[phone]
Buchanan - Financial PR Helen Tarbet Simon Compton George Beale	[phone] [phone] [phone] [phone]
Singer Capital Markets - Joint Broker James Maxwell / Alaina Wong / Oliver Platts (Corporate Finance) Alan Geeves / James Waterlow / Sam Greatrex (Sales)	[phone]
Panmure Gordon (UK) Limited - Joint Broker Chloe Ponsonby (Corporate Broking) Emma Earl (Corporate Finance) David Hawkins / Tom Scrivens (Sales)	[phone]

 

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