Director/PDMR Shareholding

RNS Number : 2885S

LXI REIT PLC

15 March 2021

 

LX i REIT PLC (LEI: 2138008YZGXOKAXQVI45)

(the "Company")

15 March 2021

DIRECTOR/PDMR SHAREHOLDING

LXi REIT plc announces the following purchases of ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 124.50 pence per share pursuant to the Initial Issue as announced on 16 February 2021:

1.  Stephen Hubbard (Non-Executive Chairman) purchased 16,000 Ordinary Shares; and

2.  Jan Etherden (Non-Executive Director) purchased 20,000 Ordinary Shares.

Additionally, Mr R Jon Gudelis, spouse of Patricia Dimond (Non-Executive Director), has today purchased 8,005 Ordinary Shares at a price of 124.916 pence per share.

Enquiries:

Jenny Thompson/Brian Smith
PraxisIFM Fund Services (UK) Limited	020 4513 9260
Company Secretary

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

Notification and public disclosure 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	Stephen Hubbard
2	Reason for the 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	Ordinary shares 1 pence each
	Identification code	ISIN GB00BYQ46T41
b)	Nature of the transaction	Purchase of Ordinary Shares pursuant to the Initial Issue as announced on 16 February 2021
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			124.50p per share	16,000
d)	Aggregated information
	- Aggregated volume	16,000
	- Price	£19,920
e)	Date of the transaction	15 March 2021
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jan Etherden
2	Reason for the 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	Ordinary shares 1 pence each
	Identification code	ISIN GB00BYQ46T41
b)	Nature of the transaction	Purchase of Ordinary Shares pursuant to the Initial Issue as announced on 16 February 2021
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			124.50p per share	20,000
d)	Aggregated information
	- Aggregated volume	20,000
	- Price	£24,900
e)	Date of the transaction	15 March 2021
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	R Jon Gudelis
2	Reason for the notification
a)	Position/status	PCA of Patricia Dimond, 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	Ordinary shares 1 pence each
	Identification code	ISIN GB00BYQ46T41
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			124.916p per share	8,005
d)	Aggregated information
	- Aggregated volume	8,005
	- Price	£9,999.5258
e)	Date of the transaction	15 March 2021
f)	Place of the transaction	London Stock Exchange

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