LXI REIT PLC Director/PDMR Shareholding (0387H)

TIDMLXI

RNS Number : 0387H

LXI REIT PLC

20 March 2020

LXi REIT plc (LEI: 2138008YZGXOKAXQVI45)

(the "Company")

20 March 2020

Director/PDMR Shareholding

LXi REIT plc announces that the below ordinary shares have been acquired by Colin Smith and Stephen Hubbard:

 
 Director           Number of Shares 
                        purchased 
 Stephen Hubbard         36,000 
                   ----------------- 
 Colin Smith             40,000 
                   ----------------- 
 

Following the above transactions, the directors' total shareholdings in the Company are as follows:

 
 Director           Total shareholding 
 Stephen Hubbard         169,389 
                   ------------------- 
 Colin Smith             222,909 
                   ------------------- 
 

Enquiries:

 
 Jenny Thompson/Brian Smith 
 PraxisIFM Fund Services (UK) 
  Limited                        020 7653 9690 
 Company Secretary 
 
 

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

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                                Stephen Hubbard 
      ----------------------------------  -------------------------------------- 
 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                                LXi REIT plc 
      ----------------------------------  -------------------------------------- 
 b)    LEI                                 2138008YZGXOKAXQVI45 
      ----------------------------------  -------------------------------------- 
 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 1 pence each 
        financial instrument, 
        type of instrument 
 
       Identification code                  ISIN   GB00BYQ46T41 
 
 b)    Nature of the transaction           Purchase 
      ----------------------------------  -------------------------------------- 
 c)    Price(s) and volume(s) 
                                           ---------------------  ------------ 
                                            Price(s)               Volume(s) 
                                           ---------------------  ------------ 
    96.5p per share                                                36,000 
   -------------------------------------------------------------  ------------ 
 
 d)    Aggregated information 
 
  - Aggregated volume                 36,000 
 
  - Price                             Total price GBP34,740 
 
 e)    Date of the transaction             20 March 2020 
      ----------------------------------  -------------------------------------- 
 f)    Place of the transaction            London Stock Exchange 
      ----------------------------------  -------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                Colin Smith 
      ----------------------------------  -------------------------------------- 
 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                                LXi REIT plc 
      ----------------------------------  -------------------------------------- 
 b)    LEI                                  2138008YZGXOKAXQVI45 
      ----------------------------------  -------------------------------------- 
 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 1 pence each 
        financial instrument, 
        type of instrument 
 
       Identification code                  ISIN   GB00BYQ46T41 
 
 b)    Nature of the transaction           Purchase 
      ----------------------------------  -------------------------------------- 
 c)    Price(s) and volume(s) 
                                           ---------------------  ------------ 
                                            Price(s)               Volume(s) 
                                           ---------------------  ------------ 
    86.5p per share                                                40,000 
   -------------------------------------------------------------  ------------ 
 
 d)    Aggregated information 
 
  - Aggregated volume                 40,000 
 
  - Price                             Total price GBP34,600 
 
 e)    Date of the transaction             19 March 2020 
      ----------------------------------  -------------------------------------- 
 f)    Place of the transaction            London Stock Exchange 
      ----------------------------------  -------------------------------------- 
 

End

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March 20, 2020 08:29 ET (12:29 GMT)