Secure Income REIT PLC Form 8 (OPD) Secure Income REIT PLC (4682M)

TIDMSIR TIDMLXI

RNS Number : 4682M

Secure Income REIT PLC

23 May 2022

FORM 8 (OPD)

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER

Rules 8.1 and 8.2 of the Takeover Code (the "Code")

   1.         KEY INFORMATION 
 
 (a) Full name of discloser:                                                                    SECURE INCOME REIT PLC 
 (b) Owner or controller of interests and short positions disclosed, if different from 1(a):    N/A 
  The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), 
  settlor and beneficiaries must be named. 
                                                                                               ----------------------- 
 (c) Name of offeror/offeree in relation to whose relevant securities this form relates:        SECURE INCOME REIT PLC 
  Use a separate form for each offeror/offeree 
                                                                                               ----------------------- 
 (d) Is the discloser the offeror or the offeree?                                               OFFEREE 
                                                                                               ----------------------- 
 (e) Date position held:                                                                        23 May 2022 
  The latest practicable date prior to the disclosure 
                                                                                               ----------------------- 
 (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect   NO 
  of any other party to the offer? 
  If it is a cash offer or possible cash offer, state "N/A" 
                                                                                               ----------------------- 
 
   2.         POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE 

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates

 
 Class of relevant security: 
                                                                                       Interests      Short positions 
                                                                                     -------------  ------------------ 
                                                                                       Number    %      Number      % 
                                                                                     ---------      -------------  --- 
 (1) Relevant securities owned and/or controlled:                                       None     0       None       0 
                                                                                     ---------      -------------  --- 
 (2) Cash-settled derivatives:                                                          None     0       None       0 
                                                                                     ---------      -------------  --- 
 (3) Stock-settled derivatives (including options) and agreements to purchase/sell:     None     0       None       0 
                                                                                     ---------      -------------  --- 
 
   TOTAL:                                                                               None     0       None       0 
                                                                                     ---------      -------------  --- 
 

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

   (b)        Rights to subscribe for new securities 
 
 Class of relevant security in relation to which subscription right exists:    N/A 
 Details, including nature of the rights concerned and relevant percentages:   N/A 
                                                                              ---- 
 
   3.         POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE 
 
 Details of any interests, short positions and rights to subscribe (including directors' and 
  other employee options) of any person acting in concert with the party to the offer making 
  the disclosure: 
            Interests in Secure Income REIT plc's ordinary shares in which the directors of Secure Income 
             REIT plc are interested (including their close relatives and related trusts): 
              Name                    Total number          Percentage of 
                                       of Ordinary Shares    total issued share 
                                       of Secure Income      capital of Secure 
                                       REIT plc              Income REIT plc 
                                                             (%) 
              Secure Income REIT plc Directors (excluding Prestbury 
               Management Team) 
              Martin Moore                  127,226                0.03 
                                     --------------------  -------------------- 
              Ian Marcus                    95,875                 0.03 
                                     --------------------  -------------------- 
              Jonathan Lane                 57,471                 0.01 
                                     --------------------  -------------------- 
              Leslie Ferrar                 26,286                 0.00 
                                     --------------------  -------------------- 
              Prestbury Management Team and associated entities 
              Prestbury Incentives 
               Limited*                   19,262,042               5.94 
                                     --------------------  -------------------- 
              Prestbury Investment 
               Holdings Limited**         16,850,300               5.20 
                                     --------------------  -------------------- 
              Prestbury Investment 
               Partners Limited***         1,184,551               0.36 
                                     --------------------  -------------------- 
              Nick Leslau                1,491,709****             0.46 
                                     --------------------  -------------------- 
              Mike Brown                   1,183,580               0.36 
                                     --------------------  -------------------- 
              Sandy Gumm                    192,574                0.05 
                                     --------------------  -------------------- 
              Total                       40,471,614               12.49 
                                     --------------------  -------------------- 
 

* Nick Leslau, Mike Brown and Sandy Gumm are shareholders and directors of the immediate parent entity of Prestbury Incentives Limited.

** Nick Leslau holds a circa 95 per cent. indirect interest in Prestbury Investment Holdings Limited.

*** Nick Leslau, Mike Brown and Sandy Gumm are shareholders and directors of Prestbury Investment Partners Limited.

**** This includes SIR Shares held by Nick Leslau via a wholly owned company.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

   4.         OTHER INFORMATION 
   (a)        Indemnity and other dealing arrangements 
 
 Details of any indemnity or option arrangement, or any agreement or understanding, formal 
  or informal, relating to relevant securities which may be an inducement to deal or refrain 
  from dealing entered into by the party to the offer making the disclosure or any person acting 
  in concert with it: 
  Irrevocable commitments and letters of intent should not be included. If there are no such 
  agreements, arrangements or understandings, state "none" 
 
   None 
 
   (b)        Agreements, arrangements or understandings relating to options or derivatives 
 
 Details of any agreement, arrangement or understanding, formal or informal, between the party 
  to the offer making the disclosure, or any person acting in concert with it, and any other 
  person relating to: 
  (i) the voting rights of any relevant securities under any option; or 
  (ii) the voting rights or future acquisition or disposal of any relevant securities to which 
  any derivative is referenced: 
  If there are no such agreements, arrangements or understandings, state "none" 
 
   None 
 
   (c)        Attachments 

Are any Supplemental Forms attached?

 
 Supplemental Form 8 (Open Positions)   NO 
 Supplemental Form 8 (SBL)              NO 
                                       --- 
 
 
 Date of disclosure:    23 May 2022 
 Contact name:          Sandy Gumm 
                       -------------- 
 Telephone number:      020 7647 7647 
                       -------------- 
 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk .

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May 23, 2022 08:27 ET (12:27 GMT)