Director/PDMR Shareholding

RNS Number : 3957S

LXI REIT PLC

13 July 2022

 

LX i  REIT PLC (LEI: 2138008YZGXOKAXQVI45)

(the "Company")

13 July 2022

DIRECTOR - PDMR/PCA SHAREHOLDING

LXi REIT plc announces that, as a result of the Merger of the Company and Secure Income REIT plc ("SIR"), the following persons have acquired ordinary shares in the Company, which were based on an exchange ratio of 3.32 ordinary shares in the Company for every 1 non cash-elected share held in SIR.

Director	New Ordinary Shares Acquired	% Holding
Prestbury Incentives Limited - Persons Closely Associated ("PCA") of Nick Leslau	47,962,486	2.79
PIHL Property LLP - PCA of Nick Leslau	44,301,565	2.58
Yoginvest Limited - PCA of Nick Leslau	3,714,356	0.22
Sandy Gumm	639,345	0.04

Enquiries:

Jenny Thompson
Sanne Fund Services (UK) Limited	020 3327 9720
Company Secretary

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

Notification and public disclosure of Prestbury Incentives Limited

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Prestbury Incentives Limited
2	Reason for the notification
a)	Position/status	PCA of Nick Leslau (a Director of the Company)
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 penny each
	Identification code	ISIN GB00BYQ46T41
b)	Nature of the transaction	Shares acquired due to Merger with Secure Income REIT plc.  Shares acquired on the basis of 3.32 New Ordinary Shares in LXi REIT plc for every 1 non cash-elected share held in Secure Income REIT plc.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil	47,962,486
d)	Aggregated information
	- Aggregated volume	Not applicable
	- Price
e)	Date of the transaction	7 July 2022
f)	Place of the transaction	Outside a trading venue

Notification and public disclosure of PIHL Property LLP

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	PIHL Property LLP
2	Reason for the notification
a)	Position/status	PCA of Nick Leslau (a Director of the Company)
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 penny each
	Identification code	ISIN GB00BYQ46T41
b)	Nature of the transaction	Shares acquired due to Merger with Secure Income REIT plc.  Shares acquired on the basis of 3.32 New Ordinary Shares in LXi REIT plc for every 1 non cash-elected share held in Secure Income REIT plc.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil	44,301,565
d)	Aggregated information
	- Aggregated volume	Not applicable
	- Price
e)	Date of the transaction	7 July 2022
f)	Place of the transaction	Outside a trading venue

Notification and public disclosure of Yoginvest Limited

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Yoginvest Limited
2	Reason for the notification
a)	Position/status	PCA of Nick Leslau (a Director of the Company)
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 penny each
	Identification code	ISIN GB00BYQ46T41
b)	Nature of the transaction	Shares acquired due to Merger with Secure Income REIT plc.  Shares acquired on the basis of 3.32 New Ordinary Shares in LXi REIT plc for every 1 non-cash elected share held in Secure Income REIT plc.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil	3,714,356
d)	Aggregated information
	- Aggregated volume	Not applicable
	- Price
e)	Date of the transaction	7 July 2022
f)	Place of the transaction	Outside a trading venue

 Notification and public disclosure of transactions of Sandy Gumm

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Sandra Louise Gumm
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 penny each
	Identification code	ISIN GB00BYQ46T41
b)	Nature of the transaction	Shares acquired due to Merger with Secure Income REIT plc.  Shares acquired on the basis of 3.32 New Ordinary Shares in LXi REIT plc for every 1 non cash-elected share held in Secure Income REIT plc.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil	639,345
d)	Aggregated information
	- Aggregated volume	Not applicable
	- Price
e)	Date of the transaction	7 July 2022
f)	Place of the transaction	Outside a trading venue

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