Director/PDMR Shareholding

RNS Number : 4775G

Tritax Big Box REIT plc

17 March 2020

 

17 March 2020

TRITAX BIG BOX REIT PLC

(the "Company")

PURCHASE of Ordinary Shares AND PDMR Shareholdings

In accordance with article 19.3 of the Market Abuse Regulation, the Board of the Company announces that the below listed senior executives ("PDMRs") of the Investment Team of the Manager ("Tritax Management LLP") acquired shares today at 0.8103 pence per share. The beneficial interests of the PDMRs (and/or persons closely associated thereof) who have acquired shares are listed in the table below.

PDMR	Position	Number of Management Shares issued	Number of Ordinary Shares held	% of issued share capital
Mark Shaw	Investment Team	122,619	1,663,203	0.097
Colin Godfrey1	Investment Team	122,619	1,629,066	0.095
James Dunlop2	Investment Team	122,619	1,566,705	0.092
Henry Franklin	Investment Team	122,619	1,194,949	0.070
Bjorn Hobart	Investment Team	12,262	188,315	0.011
Petrina Austin	Investment Team	12,262	168,228	0.009
Total		515,000	6,410,466	0.374

^{1 122,619 shares have been acquired by Adam Godfrey (PCA of Colin Godfrey)}

^{2 122,619 shares have been acquired by Caroline Dunlop (CEOPCA of James Dunlop)}

FOR FURTHER INFORMATION, PLEASE CONTACT:

Tritax Group Colin Godfrey (Partner, Fund Manager) Hana Beard (Group Company Secretary) via Maitland/AMO (below) Maitland/AMO (Communications Adviser) James Benjamin Tel: [phone] [e-mail] Jefferies International Limited Gary Gould Stuart Klein Tel: [phone] Akur Limited Anthony Richardson Tom Frost Siobhan Sergeant Tel: [phone]

The Company's LEI is: 213800L6X88MIYPVR714

NOTES:

Tritax Big Box REIT plc is the only listed vehicle dedicated to investing in very large logistics warehouse assets ("Big Boxes") in the UK and is committed to delivering attractive and sustainable returns for Shareholders. Investing in and actively managing existing built investments, land suitable for Big Box development and developments predominantly delivered through a pre-let forward funded basis, the Company focuses on large, well-located, modern Big Box logistics assets, let to institutional-grade tenants on long-term leases (typically at least 12 years in length) with upward-only rent reviews and geographic and tenant diversification throughout the UK. The Company seeks to exploit the significant opportunity in this sub-sector of the UK logistics market owing to strong tenant demand and limited supply of Big Boxes.

The Company is a real estate investment trust to which Part 12 of the UK Corporation Tax Act 2010 applies ("REIT"), is listed on the premium segment of the Official List of the UK Financial Conduct Authority and is a constituent of the FTSE 250, FTSE EPRA/NAREIT and MSCI indices.

Further information on Tritax Big Box REIT is available at www.tritaxbigbox.co.uk

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Shaw
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Tritax B ig Box REIT plc
b)	LEI	213800L6X88MIYPVR714
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 of 1p each
	Identification code	ISIN: GB00BG49KP99
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)
			Price(s) - GBP	Volume(s)
			£0.8103	122,619
d)	Aggregated information	N/A
	- Aggregated volume
	- Price
e)	Date of the transaction	17 March 2020
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Adam Godfrey
2	Reason for the notification
a)	Position/status	PCA of PDMR (Colin Godfrey)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Tritax Big Box REIT plc
b)	LEI	213800L6X88MIYPVR714
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 of 1p each
	Identification code	ISIN: GB00BG49KP99
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)
			Price(s) - GBP	Volume(s)
			£0.8103	122,619
d)	Aggregated information	N/A
	- Aggregated volume
	- Price
e)	Date of the transaction	17 March 2020
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Caroline Dunlop
2	Reason for the notification
a)	Position/status	PCA of PDMR (James Dunlop)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Tritax Big Box REIT plc
b)	LEI	213800L6X88MIYPVR714
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 of 1p each
	Identification code	ISIN: GB00BG49KP99
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)
			Price(s) - GBP	Volume(s)
			£0.8103	122,619
d)	Aggregated information	N/A
	- Aggregated volume
	- Price
e)	Date of the transaction	17 March 2020
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Henry Franklin
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Tritax Big Box REIT plc
b)	LEI	213800L6X88MIYPVR714
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 of 1p each
	Identification code	ISIN: GB00BG49KP99
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)
			Price(s) - GBP	Volume(s)
			£0.8103	122,619
d)	Aggregated information	N/A
	- Aggregated volume
	- Price
e)	Date of the transaction	17 March 2020
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Bjorn Hobart
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Tritax Big Box REIT plc
b)	LEI	213800L6X88MIYPVR714
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 of 1p each
	Identification code	ISIN: GB00BG49KP99
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)
			Price(s) - GBP	Volume(s)
			£0.8103	12,262
d)	Aggregated information	N/A
	- Aggregated volume
	- Price
e)	Date of the transaction	17 March 2020
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Petrina Porter (née Austin)
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Tritax Big Box REIT plc
b)	LEI	213800L6X88MIYPVR714
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 of 1p each
	Identification code	ISIN: GB00BG49KP99
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)
			Price(s) - GBP	Volume(s)
			£0.8103	12,262
d)	Aggregated information	N/A
	- Aggregated volume
	- Price
e)	Date of the transaction	17 March 2020
f)	Place of the transaction	London Stock Exchange (XLON)

 

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