Director/PDMR Shareholding

RNS Number : 2167N

Regional REIT Limited

21 October 2016

 

21 October 2016

Regional REIT Limited (the "Company")

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them ("PCA").

On 21 October 2016 Mr Inglis sold 750,000 shares in Regional REIT Limited to meet his personal tax liability arising on those shares he was allocated with the Initial Public Offering of the Company in November 2015.  Following this transaction, Mr Inglis' holding in the Company decreased to 752,549 shares, representing 0.27% of the share capital.

1	Details of PDMR/PCA
(a)	Name	Stephen John Inglis
(b)	Position / status	Non-executive Director
(c)	Initial notification / amendment	Initial notification
2	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	Ordinary shares of no par value ISIN: GB00BYV2ZQ34
(b)	Nature of the transaction	Disposal of shares.
(c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 1.0339 per share 750,000
(d)	Aggregated information Aggregated volume Aggregated price	N/A N/A
(e)	Date of the transaction	21 October 2016
(f)	Place of the transaction	Outside a trading venue.

Enquiries:

Regional REIT Limited
Press enquiries through Headland
Toscafund Asset Management	Tel: [phone]
Investment Manager to the Group
James S Johnson, Investor Relations, Regional REIT Limited
Headland	Tel: [phone]
Financial PR
Francesca Tuckett

 

END

 

 

DSHFELFLFFMSELS