Director/PDMR Shareholding

RNS Number : 3110I

Irish Residential Prop REIT PLC

31 March 2020

 

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

 This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	MARGARET SWEENEY
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	IRISH RESIDENTIAL PROPERTIES REIT PLC
b)	LEI	635400EOPACLULRENY18
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 Identification code	(i)  ORDINARY SHARES OF €0.10 EACH (ii)  ORDINARY SHARES OF €0.10 EACH IDENTIFICATION CODE: IE00BJ34P519
b)	Nature of the transaction	(i)  GRANT OF A CONDITIONAL AWARD OF 437,601 ORDINARY SHARES OF €0.10 EACH TO BE ISSUED IN ACCORDANCE WITH AND SUBJECT TO THE IRISH RESIDENTIAL PROPERTIES REIT PLC LONG TERM INCENTIVE PLAN 2014 (AS AMENDED IN NOVEMBER 2015) WITH A VESTING DATE OF 27 MARCH 2023, SUBJECT TO RESTRICTIONS (ii)  AWARD OF BENEFICIAL INTEREST IN 92,393 ORDINARY SHARES of €0.10 EACH
c)	Price(s) and volume(s)	(i) Price(s) Volume(s) NIL CONDITIONAL AWARD OVER 437,601 ORDINARY SHARES (ii) Price(s) Volume(s) €1.194432 92,393 ORDINARY SHARES
d)	Aggregated information - Aggregated volume - Price	(i)  NIL - CONDITIONAL AWARD OF 437,601 ORDINARY SHARES OF €0.10 EACH VALUED AS AT 27 MARCH 2020 AT A PRICE OF €1.234 PER ORDINARY SHARE (BEING THE CLOSING PRICE ON THE GRANT DATE) (ii)  92,393 ORDINARY SHARES OF €0.10 EACH AT AN AVERAGE PRICE OF €1.194432 PER SHARE
e)	Date of the transaction	(i)  27 MARCH 2020 (ii)  30 MARCH 2020
f)	Place of the transaction	(i)  OUTSIDE A TRADING VENUE (ii)  EURONEXT DUBLIN
g)	Additional Information	NONE

 

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