Director/PDMR Shareholding

RNS Number : 4174X

Octopus Renewables Infra Trust PLC

04 January 2022

 

04 January 2022

Octopus Renewables Infrastructure Trust plc

("ORIT" or the "Company")

Director/PDMR Shareholding

Octopus Renewables Infrastructure Trust plc announces that ordinary shares of 1 pence each of the Company ("Ordinary Shares") outlined below have been acquired from the net directors' fees payable for the quarter ended 31 December 2021.

Since the Company's IPO in December 2019, the Directors (except Elaina Elzinga who is a US Person) have applied all of their directors' fees (net of taxes) to purchase Ordinary Shares in the Company every quarter.

The December 2021 quarterly directors' purchases will be the last regular quarterly purchases for Audrey McNair and James Cameron, who will revert to being paid in cash with effect from 1 January 2022. Phil Austin's quarterly purchase arrangements are unchanged. 

Director	Number of Ordinary Shares Purchased	Total Ordinary Shares Held Following Purchase
Philip Austin and Mrs J Austin(1)	10,066	108,867
James Cameron	4,732	65,306
Audrey McNair	5,476	51,383

(1)  Ordinary Shares purchased and the shareholding shown includes that of Mrs Austin, a PCA of Phil Austin.

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

LEI: 213800B81BFJKWM2JV13

Enquiries:

Company Secretary

0204 513 9260

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	Mr P Austin & Mrs J Austin
2	Reason for the notification
a)	Position/status	Director (PDMR) and spouse (PCA)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Octopus Renewables Infrastructure Trust plc
b)	LEI	213800B81BFJKWM2JV13
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)	GB00BJM02935
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			111.2 pence per share	10,066
d)	Aggregated information
	- Aggregated volume	10,066
	- Total Price	£11,193.39
e)	Date of the transaction	31 December 2021
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	James Cameron
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	Octopus Renewables Infrastructure Trust plc
b)	LEI	213800B81BFJKWM2JV13
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)	GB00BJM02935
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			111.2 pence per share	4,732
d)	Aggregated information
	- Aggregated volume	4,732
	- Total Price	£5,261.98
e)	Date of the transaction	31 December 2021
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Audrey McNair
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	Octopus Renewables Infrastructure Trust plc
b)	LEI	213800B81BFJKWM2JV13
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)	GB00BJM02935
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			111.2 pence per share	5,476
d)	Aggregated information
	- Aggregated volume	5,476
	- Total Price	£6,089.31
e)	Date of the transaction	31 December 2021
f)	Place of the transaction	London Stock Exchange

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