Sirius Real Estate Limited Director/PDMR Shareholding (2374U)

TIDMSRE

RNS Number : 2374U

Sirius Real Estate Limited

20 October 2017

20 October 2017

Sirius Real Estate Limited

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

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PDMR

Notification and public disclosure of transactions by persons discharging managerial responsibilities.

The Company confirms that Andrew Coombs, Chief Executive Officer of Sirius Real Estate, has completed the following transactions between 17-19 October 2017:

 
 PDMR      Total shareholding     Transactions              Total shareholding 
            prior to                                         following 
            notification                                     notification 
--------  ---------------------  ------------------------  --------------------- 
 Andrew    4,651,325              1) Sale of 465,550        4,383,064 
  Coombs    shares representing    shares at 62.00p          shares representing 
            0.5% of                2) Purchase of 465,550    0.47% of 
            issued share           shares at 62.00p          issued share 
            capital                into SIPP                 capital 
                                   3) Sale of 50,000 
                                   shares at 62.00p 
                                   4) Sale of 218,261 
                                   shares at 61.523p 
--------  ---------------------  ------------------------  --------------------- 
 

The transactions were notified to the Company by the PDMR on 20 October 2017.

This announcement, including the notifications below, has been made in accordance with the requirements of the EU Market Abuse Regulation.

 
 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                                                      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         Ordinary shares of no par value 
       instrument                                                GG00B1W3VF54 
 
       Identification code 
----  -------------------------------------------------------  ------------------------------------------------------- 
 b)    Nature of the transaction                                     1. Sale of ordinary shares 
                                                                     2. Purchase of ordinary shares as part of 
                                                                     transfer into SIPP 
                                                                     3. Sale of ordinary shares 
                                                                     4. Sale of ordinary shares 
                                                                     As a result, Andrew Coombs now has a beneficial 
                                                                     interest in 4,383,064 shares representing 
                                                                     0.47% of the issued share capital 
----  -------------------------------------------------------  ------------------------------------------------------- 
 c)    Price(s) and volume(s)                                        Price(s)        Volume(s) 
                                                                 ------------------  ---------- 
                                                                       1. 62.00p      465,550 
                                                                        2. 62.00p      465,550 
                                                                        3. 62.00p      50,000 
                                                                        4. 61.523p     218,261 
                                                                 ------------------  ---------- 
----  -------------------------------------------------------  ------------------------------------------------------- 
 d)    Aggregated information                                   Total amount of shares sold is 733,811 at an average 
                                                                price of 61.86p 
                                                                Total amount of shares purchased is 465,550 at an 
                                                                average price of 62.00p 
----  -------------------------------------------------------  ------------------------------------------------------- 
 e)    Date of the transaction                                       1. 17 October 2017 
                                                                      2. 17 October 2017 
                                                                      3. 18 October 2017 
                                                                      4. 19 October 2017 
----  -------------------------------------------------------  ------------------------------------------------------- 
 f)    Place of the transaction                                 London Stock Exchange (XLON); Main Market 
----  -------------------------------------------------------  ------------------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 20, 2017 10:30 ET (14:30 GMT)