Local Shopping REIT (The) PLC Director/PDMR Shareholding (9599I)

TIDMLSR

RNS Number : 9599I

Local Shopping REIT (The) PLC

26 March 2018

The Local Shopping REIT plc ("the Company")

Notification of transaction by Person Discharging Managerial Responsibilities ("PDMRs")

The Company announces that it has today received the Notification of Dealing Form regarding dealings in its shares by its director, Brett Miller in relation to the in specie distribution by Damille Investments II Limited of its shareholding in the Company.

This notification is made in accordance with the Market Abuse Regulation.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------- 
 a)   Name 
                                   Damille Partners Limited 
---  -------------------------  ----------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------- 
 a)   Position/status            Person closely associated 
                                  with Brett Miller, Director 
                                  of The Local Shopping REIT 
                                  Plc 
---  -------------------------  ----------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  ----------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------------- 
 a)   Name                       The Local Shopping REIT Plc 
---  -------------------------  ----------------------------- 
 b)   LEI                        213800SOAIB9JVCV4D57 
---  -------------------------  ----------------------------- 
 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               Ordinary Shares 
       instrument, type 
       of instrument               ISIN: GB00B1VS7G47 
 
       Identification 
       code 
---  -------------------------  ----------------------------- 
 b)   Nature of the              Acquisition 
       transaction 
---  -------------------------  ----------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                   ----------  ---------- 
                                    N/A         922,618 
                                   ----------  ---------- 
---  -------------------------  ----------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume         922,618 
 
 
       - Price                     N/A 
---  -------------------------  ----------------------------- 
 e)   Date of the transaction    26 March, 2018 
---  -------------------------  ----------------------------- 
 f)   Place of the transaction   Outside of a trading venue 
                                  - Guernsey 
---  -------------------------  ----------------------------- 
 

N.B. No value for this acquisition has been included, because the shares were acquired pursuant to an in specie distribution by Damille Investments II Limited, the previous registered holder of these shares.

[ENDS]

Enquiries:

Rupert Wallman, Fund Manager [phone]

Bill Heaney, Company Secretary [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 26, 2018 09:47 ET (13:47 GMT)