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Circle Property PLC (CRC)

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Tuesday 04 May, 2021

Circle Property PLC

Director/PDMR Shareholding

RNS Number : 5152X
Circle Property PLC
04 May 2021
 

4 May 2021

Circle Property Plc

 

("Circle" or the "Company")

 

Director/PDMR Shareholding

 

Circle Property Plc (AIM: CRC), which invests in, develops and actively manages well-located regional office assets, announces that it has been notified that John Arnold, Chief Executive Officer, has today acquired 25,000 ordinary shares of no par value in the Company ("Ordinary Shares") at 200 pence per Ordinary Share.

 

Following this purchase, Mr Arnold beneficially holds 1,030,122 Ordinary Shares representing 3.64 per cent. of the Company's issued share capital.

 

Circle Property Plc 

 +44 (0)207 930 8503

John Arnold, CEO

Edward Olins, COO






Cenkos Securities

+44 (0)207 397 8900

Katy Birkin 

Mark Connelly

 





Radnor Capital

+44 (0)203 897 1830

Joshua Cryer

Iain Daly






Camarco

+44 (0)203 757 4992

Ginny Pulbrook

Oliver Head


 

 

About Circle Property Plc

 

Circle is the top performing quoted UK real estate company by NAV total return (NAV growth and dividend) over the last 3 years. 

 

Circle focusses on acquiring assets in regional cities, many of which have significant office supply constraints, and on office assets with active management potential (refurbishment opportunities, under-rented or vacant properties or short leases), rather than just maximising initial rental yields.

 

Circle is not a Real Estate Investment Trust (REIT) and can actively recycle proceeds from asset sales into its refurbishment and redevelopment pipeline, as well as future investment opportunities, therefore targeting a broader range of returns for shareholders, which are primarily driven by NAV growth.

 

 

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

John Arnold

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Circle Property plc

b)

LEI

213800THDWL3FB11M760

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 no par value


Identification code

JE00BYP0CK63

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

£2.00

25,000

d)

Aggregated information

N/A single transaction


Aggregated volume

N/A single transaction


Price

N/A single transaction

e)

Date of the transaction

4 May 2021

f)

Place of the transaction

XOFF

 

 

 

 

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