REG - Circle Property PLC - Director/PDMR Shareholding and Issue of Equity

Circle PropertyAnnouncement

14/10/2022 12:15

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RNS Number : 9726C  Circle Property PLC  14 October 2022

14 October 2022

Circle Property Plc

("Circle" or the "Company")

 

Director/PDMR Shareholding and Issue of Equity

 

Circle Property Plc (AIM: CRC), which invests in, develops and actively
manages well-located regional office assets, announces that on 14 October
2022, John Arnold, Chief Executive Officer was issued 32,160 ordinary shares
of no par value ("Ordinary Shares") in respect of the accrued dividend
attributable to his LTIP shares detailed in the announcement dated 11 October
2022 and under the terms of the Circle Property plc 2016 Long Term Incentive
Plan ("LTIP").

 

Application has been made for 32,160 Ordinary Shares to be admitted to trading
on AIM ("Admission"). Admission is expected to occur on 20 October 2022 and
the Ordinary Shares will, on issue, rank pari passu in all respects with the
Company's existing Ordinary Shares.

 

On Admission, the Company will have a total of 29,215,555 Ordinary Shares in
issue with no Ordinary Shares held in treasury.  The figure of 29,215,555 may
be used by the Company's shareholders as the denominator in the calculations
by which they will determine if they are required to notify their interest in,
or a change to their interest in, the Company under the Financial Conduct
Authority's Disclosure, Guidance and Transparency Rules.

 

Following Admission, Mr Arnold will beneficially hold 1,535,207 Ordinary
Shares representing 5.25 per cent. of the Company's issued share capital.

 

 

 Circle Property Plc                               +44 (0)207 930 8503
 John Arnold, CEO

 Edward Olins, COO

 Cenkos Securities                                +44 (0)207 397 8900
 Katy Birkin

 Mark Connelly

 Radnor Capital                                   +44 (0)203 897 1830
 Joshua Cryer

 Iain Daly

 Camarco                                          +44 (0)203 757 4992
 Ginny Pulbrook

 Toby Strong

 

 

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                                                         John Arnold
 2   Reason for the notification
 a)  Position/status                                              Chief Executive Officer
 b)  Initial notification/Amendment                               Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Circle Property plc
 b)  LEI                                                          213800THDWL3FB11M760
 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 instrument, type of instrument  Ordinary Shares of no par value
     Identification code                                          JE00BYP0CK63
 b)  Nature of the transaction                                    Ordinary Shares issued in respect of accrued dividend pursuant to the Circle
                                                                  Property plc 2016 Long Term Incentive Plan
 c)  Price(s) and volumes(s)                                      Price(s)                                 Volume(s)
     £2.17                                                                                                 32,160
 d)  Aggregated information                                       N/A single transaction
     Aggregated volume                                            N/A single transaction
     Price                                                        N/A single transaction
 e)  Date of the transaction                                      14 October 2022
 f)  Place of the transaction                                     XOFF

 

 

 

 

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