Sirius Real Estate Limited Director/PDMR Shareholding (8045N)

TIDMSRE

RNS Number : 8045N

Sirius Real Estate Limited

31 October 2016

31 October 2016

Sirius Real Estate Limited

("Sirius" or the "Company")

Director/PDMR Shareholding

Sirius Real Estate, the leading operator of branded business parks providing conventional space and flexible workspace in Germany was notified on 28 October 2016 that Andrew Coombs, Chief Executive Officer of Sirius, has entered into a personal loan arrangement with Investec Bank Plc ("Investec Bank") and granted pledges in favour of Investec Bank over 2,603,065 ordinary shares in the Company as security in connection with a loan. The loan is to support the purchase of a personal residence in the UK. The transaction took place on 28 October 2016.

Andrew Coombs' beneficial interests remain unchanged at 4,331,852 ordinary shares representing 0.51% of the issued ordinary share capital.

Ends

Enquiries:

Sirius Real Estate [phone]

Andrew Coombs, CEO

Alistair Marks, CFO

Peel Hunt [phone]

Capel Irwin

Edward Fox

Canaccord Genuity Limited [phone]

Bruce Garrow

Chris Connors

JSE Sponsor: PSG Capital [phone]

David Tosi

Willie Honeyball

Novella [phone]

Tim Robertson

Toby Andrews

 
 1     Details of the person discharging managerial responsibilities/person closely associated 
----  ---------------------------------------------------------------------------------------------------- 
 a)    Name                                                          Andrew Coombs 
----  ------------------------------------------------------------  -------------------------------------- 
 2     Reason for the notification 
----  ---------------------------------------------------------------------------------------------------- 
                                                                     Chief Executive Officer 
  a)    Position/status 
----  ------------------------------------------------------------  -------------------------------------- 
 b)    Initial notification/Amendment                                Initial notification 
----  ------------------------------------------------------------  -------------------------------------- 
 3     Details of the issuer, emission allowance market participant, auction platform, auctioneer 
        or auction monitor 
----  ---------------------------------------------------------------------------------------------------- 
 a)    Name                                                          Sirius Real Estate Limited 
----  ------------------------------------------------------------  -------------------------------------- 
 b)    LEI                                                           N/a 
----  ------------------------------------------------------------  -------------------------------------- 
 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                                            Ordinary shares of no par value 
 
                                                                       GG00B1W3VF54 
----  ------------------------------------------------------------  -------------------------------------- 
 b)    Nature of the transaction                                     Pledge in favour of Investec Bank Plc 
----  ------------------------------------------------------------  -------------------------------------- 
 c)    Price(s) and volume(s)                                           Price(s)      Volume(s) 
                                                                      --------------  ---------- 
                                                                       52.5c (Euro)    2,603,065 
                                                                      --------------  ---------- 
----  ------------------------------------------------------------  -------------------------------------- 
 d)    Aggregated information                                        N/a single transaction 
        - Aggregated volume 
        - Price 
----  ------------------------------------------------------------  -------------------------------------- 
 e)    Date of the transaction                                       2016-10-28 
----  ------------------------------------------------------------  -------------------------------------- 
 f)    Place of the transaction                                      London Stock Exchange, AIM 
----  ------------------------------------------------------------  -------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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October 31, 2016 03:00 ET (07:00 GMT)