Empiric Student Property PLC Director/PDMR Shareholding (8248Q)

TIDMESP

RNS Number : 8248Q

Empiric Student Property PLC

15 September 2017

15 September 2017

Empiric Student Property plc

("Empiric" or the "Company" or, together with its subsidiaries, the "Group")

Notification of Transaction of a Director

The Board of Empiric Student Property plc (ticker: ESP), the owner and operator of premium student accommodation across the UK, announces that Paul Hadaway, Chief Executive of the Company, has acquired 46,000 ordinary shares in the Company ("Ordinary Shares") at price of 107.185 pence per share.

Following the transaction, Mr Hadaway holds 1,532,775 Ordinary Shares (equivalent to 0.25 per cent. of the Company's issued ordinary share capital).

This notification is made in accordance with Article 19 of the Market Abuse Regulations and further details required under Article 19(6) are set out in the Appendix below.

For further information on the Company, please contact:

 
 Empiric Student Property plc      (via Newgate below) 
 Paul Hadaway (Chief Executive) 
 Tim Attlee (Chief Investment 
  Officer) 
 Lynne Fennah (Chief Financial 
  Officer) 
 
 Akur Limited (Joint Financial     Tel: [phone] 
  Adviser) 
 Tom Frost 
 Anthony Richardson 
 Siobhan Sergeant 
 
 Jefferies International Limited   Tel: [phone] 
  (Joint Financial Adviser and 
  Broker) 
 Gary Gould 
 Stuart Klein 
 
 Newgate (PR Adviser)              Tel: [phone] 
 James Benjamin                    Em: [e-mail] 
 Anna Geffert 
 Lydia Thompson 
 

Further information on Empiric can be found on the Company's website at www.empiric.co.uk.

Notes:

Empiric Student Property plc is a leading provider and operator of modern, direct-let, nominated or leased student accommodation across the UK. Investing in both operating and development assets, Empiric is a multi-niche student property company focused on, (i) providing good quality first year accommodation managed through its Hello Student(R) operating platform in partnership with universities, (ii) offering a variety of second and third year purpose built accommodation options for individual students and those wanting a group living environment, and (iii) continuing to expand the Group's existing premium, studio-led accommodation portfolio which is attractive to international and postgraduate students.

The Company, an internally managed real estate investment trust ("REIT") incorporated in England and Wales, listed on the premium listing segment of the Official List of the Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in June 2014.

APPENDIX

 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ---------------------------------------------------------------- 
 a)    Name                            Paul Hadaway 
----  ------------------------------  -------------------------------- 
 2     Reason for the notification 
----  ---------------------------------------------------------------- 
 a)    Position/status                 Director 
----  ------------------------------  -------------------------------- 
 b)    Initial notification            Initial notification 
        /Amendment 
----  ------------------------------  -------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  ---------------------------------------------------------------- 
 a)    Name                            Empiric Student Property 
                                        plc 
----  ------------------------------  -------------------------------- 
 b)    LEI                             213800FPF38IBPRFPU87 
----  ------------------------------  -------------------------------- 
 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                  Ordinary shares of 1p each 
        the financial 
        instrument, type 
        of instrument 
---- 
 
       Identification                  GB00BLWDVR75 
        code 
 
 b)    Nature of the                   Acquisition 
        transaction 
----  ------------------------------  -------------------------------- 
 c)    Price(s) and volume(s) 
----                                   -------------  -------------- 
                                        Price(s)       Volume(s) 
----                                   -------------  -------------- 
                                        107.185p       46,000 
                                       -------------  -------------- 
 
 d)    Aggregated information 
---- 
 
  - Aggregated volume             46,000 
 
  - Price                         107.185p 
 
 e)    Date of the transaction         14 September 2017 
----  ------------------------------  -------------------------------- 
 f)    Place of the transaction        London 
----  ------------------------------  -------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 15, 2017 02:00 ET (06:00 GMT)