REG - Circle Property PLC - Director/PDMR Shareholding

Circle PropertyAnnouncement

13/05/2022 13:30

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RNS Number : 4854L  Circle Property PLC  13 May 2022

13 May 2022

Circle Property Plc

("Circle" or the "Company")

 

Director/PDMR Shareholding

 

Circle Property Plc (AIM: CRC), which invests in, develops and actively
manages well-located regional office assets, announces that it has been
notified that John Arnold, Chief Executive Officer, has today acquired 6,276
ordinary shares of no par value in the Company ("Ordinary Shares") at 239
pence per Ordinary Share. Simultaneously, Edward Olins, Chief Operating
Officer, today sold 6,276 Ordinary Shares at 239 pence per Ordinary Share.

 

Following these transactions, Mr Arnold beneficially holds 1,036,398 Ordinary
Shares and Mr Olins beneficially holds 132,657 Ordinary Shares representing
3.66 per cent. and 0.47 per cent. of the Company's issued share capital,
respectively.

 

 

 

 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

 

 

About Circle Property Plc

 

Circle is the top performing quoted UK real estate company by NAV total
return (NAV growth and dividend) over the last 3 years.

 

Circle focusses on acquiring assets in regional cities, many of which have
significant office supply constraints, and on office assets with active
management potential (refurbishment opportunities, under-rented or vacant
properties or short leases), rather than just maximising initial rental
yields.

 

Circle is not a Real Estate Investment Trust (REIT) and can actively recycle
proceeds from asset sales into its refurbishment and redevelopment pipeline,
as well as future investment opportunities, therefore targeting a broader
range of returns for shareholders, which are primarily driven by NAV growth.

 

 

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                                    Purchase of Ordinary Shares
 c)  Price(s) and volumes(s)                                      Price(s)                     Volume(s)
     £2.39                                                                                     6,276
 d)  Aggregated information                                       N/A single transaction
     Aggregated volume                                            N/A single transaction
     Price                                                        N/A single transaction
 e)  Date of the transaction                                      13 May 2022
 f)  Place of the transaction                                     London Stock Exchange (XLON)

 

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Edward Olins
 2   Reason for the notification
 a)  Position/status                                              Chief Operating 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                                    Sale of Ordinary Shares
 c)  Price(s) and volumes(s)                                      Price(s)                     Volume(s)
     £2.39                                                                                     6,276
 d)  Aggregated information                                       N/A single transaction
     Aggregated volume                                            N/A single transaction
     Price                                                        N/A single transaction
 e)  Date of the transaction                                      13 May 2022
 f)  Place of the transaction                                     London Stock Exchange (XLON)

 

 

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