Director/PDMR Shareholding

RNS Number : 9963P
Sirius Real Estate Limited
15 June 2020
 

SIRIUS REAL ESTATE LIMITED

(Incorporated in Guernsey)

Company Number: 46442

JSE Share Code: SRE

LSE (EUR) Share Code: ESRE

LSE (GBP) Share Code: SRE

ISIN Code: ISIN GG00B1W3VF54

 

15 June 2020

 

Sirius Real Estate Limited

(the "Company")

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PDMRs

The Company confirms that on 15 June 2020 it granted the "2020 Awards" under the Sirius Real Estate Long Term Incentive Plan 2018 (the "LTIP"), including awards granted to its Executive Directors and another Person Discharging Managerial Responsibilities
(the "PDMRs").

Each award granted to the PDMRs has been granted in the form of a Nil-Cost Option and consists of "Ordinary Awards" as described in the circular relating to the General Meeting held on 5 December 2018. 

Director/PDMR

Number of shares subject to Ordinary Award

Andrew Coombs

1,000,000

Alistair Marks

1,000,000

Rüdiger Swoboda

350,000

Each award is subject to a performance condition assessed over the five financial years of the Company, with the first year of the period being the year ending 31 March 2019.  Subject to the rules of the LTIP and to the satisfaction of the performance condition, the awards will vest following the assessment of the performance condition but will not be "released" until the end of a further two-year holding period. 



 

 

1.

Details of PDMR

a)

Name

Andrew Coombs

2.

Reason for the notification

 

 

 

a)

Positio n/ status

Chief Executive Officer

b)

Initial notification / amendment

Initial notification

3.

Details of the issuer

a)

Name

Sirius Real Estate Limited

 

b)

LEI

213800NURUF5W8QSK566

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. 

b)

Identification code

GB00B1W3VF54

c)

Nature of the transaction

Grant of nil-cost option over ordinary shares under the Sirius Real Estate 2018 Long Term Incentive Plan.

Mr. Coombs currently has a beneficial interest in 9,282,406 shares, representing 0.89% of the issued share capital.

d)

Price(s) and

volume(s)

Price(s)

Volume(s)

N/A

1,000,000 (Ordinary Award)

e)

Price(s) and

volume(s)

Price(s)

(p/GBP)

 

Volume(s)

Total(s)

(p/GBP)

n/a

1,000,000

Nil

f)

Date of the transaction

15 June 2020

g)

Place of the transaction

Outside a trading venue (off market)

h)

Nature and extent of interest in the transaction

Direct, beneficial

i)

Clearance to deal in these securities was obtained in accordance with paragraph 3.66 of the Listings Requirements of the JSE Limited. 

 

 

1.

Details of PDMR

a)

Name

Alistair Marks

2.

Reason for the notification

 

 

 

a)

Positio n/ status

Chief Financial Officer

b)

Initial notification / amendment

Initial notification

3.

Details of the issuer

a)

Name

Sirius Real Estate Limited

 

b)

LEI

213800NURUF5W8QSK566

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. 

b)

Identification code

GB00B1W3VF54

c)

Nature of the transaction

Grant of nil-cost option over ordinary shares under the Sirius Real Estate 2018 Long Term Incentive Plan.

Mr. Marks currently has a beneficial interest in 7,159,078 shares, representing 0.69% of the issued share capital.

d)

Price(s) and

volume(s)

Price(s)

Volume(s)

N/A

1,000,000 (Ordinary Award)

e)

Price(s) and

volume(s)

Price(s)

(p/GBP)

 

Volume(s)

Total(s)

(p/GBP)

n/a

1,000,000

Nil

f)

Date of the transaction

15 June 2020

g)

Place of the transaction

Outside a trading venue (off market)

h)

Nature and extent of interest in the transaction

Direct, beneficial

i)

Clearance to deal in these securities was obtained in accordance with paragraph 3.66 of the Listings Requirements of the JSE Limited. 

 

 

1.

Details of PDMR

a)

Name

Rüdiger Swoboda

2.

Reason for the notification

 

 

 

a)

Positio n/ status

Group Sales Director

b)

Initial notification / amendment

Initial notification

3.

Details of the issuer

a)

Name

Sirius Real Estate Limited

 

b)

LEI

213800NURUF5W8QSK566

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. 

b)

Identification code

GB00B1W3VF54

c)

Nature of the transaction

Grant of nil-cost option over ordinary shares under the Sirius Real Estate 2018 Long Term Incentive Plan.

Mr. Swoboda currently has a beneficial interest in 1,109,314 shares representing 0.11% of the issued share capital.

 

d)

Price(s) and

volume(s)

Price(s)

Volume(s)

N/A

350,000 (Ordinary Award)

e)

Price(s) and

volume(s)

Price(s)

(p/GBP)

 

Volume(s)

Total(s)

(p/GBP)

n/a

350,000

Nil

f)

Date of the transaction

15 June 2020

g)

Place of the transaction

Outside a trading venue (off market)

h)

Nature and extent of interest in the transaction

Direct, beneficial

i)

Clearance to deal in these securities was obtained in accordance with paragraph 3.66 of the Listings Requirements of the JSE Limited. 

 

Enquiries

For further information:

 

Sirius Real Estate

Andrew Coombs, CEO

Alistair Marks, CFO

+49 (0)30 285010110

 

Tavistock

Jeremy Carey

James Verstringhe siriusrealestate@tavistock.co.uk

+44 (0)20 7920 3150

 

LEI: 213800NURUF5W8QSK566

 

JSE Sponsor

PSG Capital

 


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