Director/PDMR Shareholding

RNS Number : 4993Z

Empiric Student Property PLC

21 May 2021

 

21 May 2021

Empiric Student Property plc

("Empiric" or the "Company" or, together with its subsidiaries, the "Group")

Transactions by Persons Discharging Managerial Responsibility ("PDMR") and persons closely associated with them

The Board of Empiric Student Property plc (ticker: ESP), the owner and operator of premium student accommodation across the UK, announces that Duncan Garrood, Chief Executive Officer, today acquired a total of 93,122 ordinary shares in the Company at a price of 90.1 pence per share. Following the purchase, Mr Garrood's total shareholding comprises 93,122 ordinary shares, representing 0.0154% of the issued share capital of the Company.

The Notification of Dealing Form provided in accordance with the requirements of the Market Abuse Regulation in relation to the transaction listed above is set out below.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Duncan Garrood
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification / Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Empiric Student Property plc
b)	LEI	213800FPF38IBPRFPU87
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 1p each
	Identification code	GB00BLWDVR75
b)	Nature of the transaction	Disposal
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			90.1p	93,122
d)	Aggregated information
	- Aggregated volume	93,122
	- Price	90.1p
e)	Date of the transaction	21 May 2021
f)	Place of the transaction	London Stock Exchange

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

Empiric Student Property plc	(via Maitland/AMO below)
Duncan Garrood (Chief Executive Officer)
Lynne Fennah (Chief Financial & Operating Officer)
Jefferies International Limited	020 7029 8000
Stuart Klein
Tom Yeadon
RBC Europe Limited (trading as RBC Capital Markets)	020 7653 4000
Charlie Foster Marcus Jackson
M aitland/AMO (Communications Adviser)	07747 113 930
James Benjamin	[e-mail]

The Company's LEI is 213800FPF38IBPRFPU87.

Further information on Empiric can be found on the Company's website at www.empiric.co.uk .

Notes:

Empiric Student Property plc is a leading provider and operator of modern, predominantly direct-let, premium student accommodation located in high-demand university towns and cities across the UK. Investing in both operating and development assets, Empiric is a fully integrated operational student property business focused on premium studio-led accommodation managed through its Hello Student® operating platform, that attracts affluent growing student segments.

The Company, an internally managed real estate investment trust ("REIT") incorporated in England and Wales, listed on the premium listing segment of the Official List of the Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in June 2014.

 

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