KCR Residential REIT PLC Director/PDMR Shareholding (9340Z)

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RNS Number : 9340Z

KCR Residential REIT PLC

27 May 2021

27 May 2021

KCR Residential REIT plc

("KCR" or the "Company")

Director's Share Purchase

KCR Residential REIT plc has been notified that, on 26 May 2021, Dominic White, Chief Executive of the Company, purchased 41,666 ordinary shares of 10p each in the Company ("Shares") at a price of 17.5p per Share.

Following this purchase, Mr White has a beneficial interest in 1,287,598* Shares, representing approximately 4.6 per cent. of the Company's issued share capital.

* 645,299 Shares are held by White Amba Pension Scheme of which Mr White is a beneficiary.

Contacts:

 
 KCR Residential REIT plc           [e-mail] 
  Dominic White, Chief Executive     [phone] 
 Arden Partners plc 
  Richard Johnson                   [phone] 
 

Notes to Editors:

KCR's objective is to build a substantial residential property portfolio that generates secure income flow for shareholders. The Directors intend that the group will acquire, develop and manage residential property assets in a number of jurisdictions including the UK.

Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1     Details of the person discharging managerial responsibilities 
        / person closely 
        associated 
 a)    Name                                    Dominic White 
      --------------------------------------  ---------------------------------------------- 
 2     Reason for the notification 
      -------------------------------------------------------------------------------------- 
 a)    Position/status                         Director (Chief Executive) 
      --------------------------------------  ---------------------------------------------- 
 b)    Initial notification                    Initial notification 
        /Amendment 
      --------------------------------------  ---------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, 
        auctioneer or auction monitor 
      -------------------------------------------------------------------------------------- 
 a)    Name                                    K&C Residential REIT PLC 
      --------------------------------------  ---------------------------------------------- 
 b)    LEI                                     213800NTHWVFLSB9CX32 
      --------------------------------------  ---------------------------------------------- 
 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                      Ordinary Shares of 10p nominal value 
        financial instrument,                   ISIN: GB00BYWK1Q82 
        type of instrument 
        Identification code 
 
 b)    Nature of the transaction               Acquisition 
      --------------------------------------  ---------------------------------------------- 
 c)    Price(s) and volume(s) 
                                               -------------------  ---------------------- 
                                                Price(s)             Volume(s) 
                                               -------------------  ---------------------- 
                                                17.5p                41,666 
                                               -------------------  ---------------------- 
 
 d)    Aggregated information 
  - Aggregated volume                     n/a - single transaction 
  - Price 
   - Aggregated total 
 
 e)    Date of the transaction                 26 May 2021 
      --------------------------------------  ---------------------------------------------- 
 f)    Place of the transaction                London Stock Exchange, AIM Market (XLON) 
      --------------------------------------  ---------------------------------------------- 
 

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May 27, 2021 02:00 ET (06:00 GMT)