Director/PDMR Shareholding

RNS Number : 9934E
Sirius Real Estate Limited
16 March 2022
 

SIRIUS REAL ESTATE LIMITED

(Incorporated in Guernsey)

Company Number: 46442

JSE Share Code: SRE

LSE (GBP) Share Code: SRE

LEI: 213800NURUF5W8QSK566

ISIN Code: GG00B1W3VF54

 

16 March 2022

 

Sirius Real Estate Limited

("Sirius Real Estate", "Sirius" or the "Company")

Notification and public disclosure of transactions by Persons Discharging Managerial Responsibilities ("PDMRs")

Sirius Real Estate announces that awards granted under the Sirius Real Estate Limited Senior Share Incentive Plan 2019 (the "SSIP 19"), vested in full on 14 March 2022 at a share price of £1.22 and two PDMRs have notified the Company today that they have exercised their awards.

 

Mr Tobias Schorstädt has exercised his award of 102,946 shares and received 60,040 (net) ordinary shares of no par value in the Company and Mr Andreas Schlesinger has exercised his award of 61,767 shares and will receive 34,398 (net) ordinary shares of no par value in the Company.42,906 and 27,369 shares have been withheld in settlement of Messrs Schorstädt and Schlesinger's respective tax liabilities arising in respect of the vesting of the awards.

 

Notification of dealing forms

1.

Details of PDMR

a)

Name

Tobias Schorstädt

2.

Reason for the notification              

a)

Positio n/ status

Acquisitions 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

GG00B1W3VF54

c)

Nature of the transaction

Transfer of shares from the Sirius Real Estate Employee Benefit Trust to satisfy the exercise of an award made under the Sirius Real Estate Limited Senior Share Incentive Plan 2019.

Following this transaction, Mr. Schorstädt holds a beneficial interest in 60,040 shares, representing 0.005% of the issued share capital.

d)

Price(s) and

volume(s)

Price(s)

(p/GBP)

 

Volume(s)

Total(s)

(p/GBP)

Nil

60,040

0.00

 

e)

Date of the transaction

14 March 2022

f)

Place of the transaction

Outside a trading venue (off market)

g)

Nature and extent of interest in the transaction

Direct, beneficial

h)

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

Andreas Schlesinger

2.

Reason for the notification

a)

Positio n/ status

Contracts, Utilities & Environmental Services 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

GG00B1W3VF54

c)

Nature of the transaction

Transfer of shares from the Sirius Real Estate Employee Benefit Trust to satisfy the exercise of an award made under the Sirius Real Estate Limited Senior Share Incentive Plan 2019.

Following this transaction, Mr. Schlesinger holds a beneficial interest in 81,631 shares, representing 0.007% of the issued share capital.

d)

Price(s) and

volume(s)

Price(s)

(p/GBP)

 

Volume(s)

Total(s)

(p/GBP)

Nil

34,398

0.00

 

e)

Date of the transaction

14 March 2022

f)

Place of the transaction

Outside a trading venue (off market)

g)

Nature and extent of interest in the transaction

Direct, beneficial

h)

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

 

 

 

For further information:

Sirius Real Estate

Andrew Coombs, CEO / Diarmuid Kelly, CFO

+49 (0) 30 285010110

 

FTI Consulting  (Financial PR)

Richard Sunderland / Claire Turvey / James McEwan / Talia Jessener

+44 (0) 20 3727 1000

SiriusRealEstate@fticonsulting.com 

 

 

 

JSE Sponsor

PSG Capital

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHFLFIFVTIRLIF
UK 100

Latest directors dealings