Share Name Share Symbol Market Type Share ISIN Share Description
Real Estate Investors LSE:RLE London Ordinary Share GB00B45XLP34 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 54.00p 53.00p 55.00p 54.00p 54.00p 54.00p 0 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 14.9 11.3 6.0 9.0 100.67

Real Estate Investors PLC Director/PDMR Shareholding

14/06/2018 1:10pm

UK Regulatory (RNS & others)


Real Estate Investors (LSE:RLE)
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1 Month : From May 2018 to Jun 2018

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TIDMRLE

RNS Number : 4366R

Real Estate Investors PLC

14 June 2018

14 June 2018

Real Estate Investors Plc

("REI" or the "Company")

Director/PDMR shareholdings

Real Estate Investors Plc (AIM:RLE), the London Stock Exchange listed Real Estate Investment Trust (REIT) with a portfolio of 1.5 million sq ft of commercial property in the Midlands property market across all sectors, announces that further to the announcement on 11 May 2018 of the vesting of share awards to Paul Bassi (Chief Executive) in respect of 146,737 ordinary shares and Marcus Daly (Finance Director) in respect of 83,850 ordinary shares, these directors have today exercised their right to acquire such shares for nil consideration. These shares, together with a further 33,540 ordinary shares in relation to share awards to other employees, were purchased by the Company on 5 June 2018 at a price of 56p per share and held in treasury until the transfer of all such shares to the relevant employees today. Following these transactions, Paul Bassi is interested in 10,266,737 ordinary shares (representing 5.51% of the Company's issued ordinary share capital) and Marcus Daly is interested in 1,763,850 ordinary shares (representing 0.95% of the Company's issued ordinary share capital).

Enquiries:

 
 
   Real Estate Investors Plc 
   Paul Bassi                                +44 (0)121 212 3446 
 
   Smith & Williamson Corporate Finance 
   Limited 
   Azhic Basirov/David Jones                 +44 (0)20 7131 4000 
 
   Liberum 
   Jamie Richards/William Hall               +44 (0)20 3100 2000 
 
   Gable Communications Limited              +44 (0)20 7193 7463 
   John Bick                                 +44 (0)7872 061 007 
 

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

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                                      Paul Bassi 
      ----------------------------------------  ------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------- 
 a)    Position/status                           PDMR (Director) 
      ----------------------------------------  ------------------------------------- 
 b)    Initial notification/Amendment            Initial notification 
      ----------------------------------------  ------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------- 
 a)    Name                                      Real Estate Investors Plc 
      ----------------------------------------  ------------------------------------- 
 b)    LEI                                       21380015X5JMEGUHPD83 
      ----------------------------------------  ------------------------------------- 
 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 of 10p each 
        instrument, type of instrument 
      ----------------------------------------  ------------------------------------- 
       Identification code                       GB00B45XLP34 
      ----------------------------------------  ------------------------------------- 
 b)    Nature of the transaction                 Exercise of right under annual 
                                                  share award pursuant to the 
                                                  Real Estate Investors Plc Senior 
                                                  Executives Long Term Incentive 
                                                  Plan 
      ----------------------------------------  ------------------------------------- 
 c)    Price(s) and volumes(s)                   Price(s)            Volume(s) 
      ----------------------------------------  ------------------  ----------------- 
   nil                                                               146,737 
  ----------------------------------------------------------------  ----------------- 
 d)    Aggregated information 
      ------------------------------------------------------------------------------- 
  Aggregated volume                         N/A - single transaction 
 ----------------------------------------  ------------------------------------------ 
  Price                                     N/A - single transaction 
 ----------------------------------------  ------------------------------------------ 
 e)    Date of the transaction                   14 June 2018 
      ----------------------------------------  ------------------------------------- 
 f)    Place of the transaction                  XOFF 
      ----------------------------------------  ------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                      Marcus Daly 
      ----------------------------------------  ------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------- 
 a)    Position/status                           PDMR (Director) 
      ----------------------------------------  ------------------------------------- 
 b)    Initial notification/Amendment            Initial notification 
      ----------------------------------------  ------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------- 
 a)    Name                                      Real Estate Investors Plc 
      ----------------------------------------  ------------------------------------- 
 b)    LEI                                       21380015X5JMEGUHPD83 
      ----------------------------------------  ------------------------------------- 
 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 of 10p each 
        instrument, type of instrument 
      ----------------------------------------  ------------------------------------- 
       Identification code                       GB00B45XLP34 
      ----------------------------------------  ------------------------------------- 
 b)    Nature of the transaction                 Exercise of right under annual 
                                                  share award pursuant to the 
                                                  Real Estate Investors Plc Senior 
                                                  Executives Long Term Incentive 
                                                  Plan 
      ----------------------------------------  ------------------------------------- 
 c)    Price(s) and volumes(s)                   Price(s)            Volume(s) 
      ----------------------------------------  ------------------  ----------------- 
   nil                                                               83,850 
  ----------------------------------------------------------------  ----------------- 
 d)    Aggregated information 
      ------------------------------------------------------------------------------- 
  Aggregated volume                         N/A - single transaction 
 ----------------------------------------  ------------------------------------------ 
  Price                                     N/A - single transaction 
 ----------------------------------------  ------------------------------------------ 
 e)    Date of the transaction                   14 June 2018 
      ----------------------------------------  ------------------------------------- 
 f)    Place of the transaction                  XOFF 
      ----------------------------------------  ------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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