Director/PDMR Shareholding

RNS Number : 4094Y

LXI REIT PLC

02 March 2017

 

02 March 2017

LXI REIT plc
(the "Company" or "LXI REIT")

Directors' Interests

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations.

On 27 February 2017 the following ordinary shares in LXI REIT PLC  were granted to persons discharging managerial responsibilities:

PDMR	Number of ordinary shares issued
Stephen Hubbard (Chairman)	50,000
Colin Smith (Director)	100,000
John Cartwright (Director)	20,000
Jeannette Etherden (Director)	15,000

Details of the full notifications received by the Company are set out below.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Hubbard
2	Reason for Notification
a)	Position/status	Chairman and Director
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	LXI REIT PLC
b)	LEI	2138008YZGXOKAXQVI45
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 nominal
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.00 50,000
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	27 February 2017
f)	Place of the transaction	London Stock Exchange
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Colin Smith
2	Reason for Notification
a)	Position/status	Director
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	LXI REIT PLC
b)	LEI	2138008YZGXOKAXQVI45
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 nominal
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.00 100,000
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	27 February 2017
f)	Place of the transaction	London Stock Exchange
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	John Cartwright
2	Reason for Notification
a)	Position/status	Director
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	LXI REIT PLC
b)	LEI	2138008YZGXOKAXQVI45
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 nominal
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.00 20,000
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	27 February 2017
f)	Place of the transaction	London Stock Exchange
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jeannette Etherden
2	Reason for Notification
a)	Position/status	Director
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	LXI REIT PLC
b)	LEI	2138008YZGXOKAXQVI45
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 nominal
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.00 15,000
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	27 February 2017
f)	Place of the transaction	London Stock Exchange

For further information please contact:

LXI REIT Advisors Limited John White Simon Lee Jamie Beale	Via Newgate Communications
Peel Hunt LLP Luke Simpson, Alan Sauvain (Corporate Broking) Mark Thompson, Eddie Nissen (Sales) Kathy Boate (Intermediaries)	Tel: [phone]
Newgate Communications (PR Adviser) James Benjamin Zoë Pocock Lydia Thompson	Tel: [phone] Email: [e-mail]

 

END

 

 

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