Picture of Custodian Property Income Reit logo

CREI Custodian Property Income Reit News Story

0.000.00%
gb flag iconLast trade - 00:00
FinancialsBalancedMid CapHigh Flyer

REG-Custodian REIT plc Custodian REIT plc : Director’s purchase of ordinary shares

============

   Custodian REIT plc (CREI)
   Custodian REIT plc : Director’s purchase of ordinary shares

   07-Jun-2022 / 11:16 GMT/BST
   Dissemination of a Regulatory Announcement that contains inside
   information according to REGULATION (EU) No 596/2014 (MAR), transmitted by
   EQS Group.
   The issuer is solely responsible for the content of this announcement.

   ══════════════════════════════════════════════════════════════════════════

    

                                                                  7 June 2022

    

                               Custodian REIT plc

                                        

                      (“Custodian REIT” or “the Company”)

                                        

                     Director’s purchase of ordinary shares

    

   Custodian REIT (LSE: CREI), the UK property investment company focused  on
   small lot-sizes, announces the purchase of 800,000 ordinary shares in  the
   Company by Ian Mattioli, a Non-Executive Director.

    

   David Hunter, Chairman  of the Custodian  REIT, commented: “This  purchase
   demonstrates Ian’s continued support of the Company and his alignment with
   the long-term  interests  of our  shareholders,  and also  underlines  the
   Board’s view that the Company’s current share price does not  sufficiently
   reflect the true value of its net assets.”

    

   Following this  purchase,  Ian  Mattioli and  family 1  1   own  5,642,451
   ordinary shares in the Company (representing a 1.28% holding).

    

   The Directors of the Company are  satisfied they are not in possession  of
   any  inside  information  which  has  not  already  been  notified  via  a
   Regulatory Information Service.

    

   Disclosure required by  Article 19.3  of Regulation (EU)  No. 596/2014  on
   market abuse (the "Market Abuse Regulations") regarding these purchases is
   set out below.

    

   Notification and public disclosure of transactions by persons discharging
   managerial responsibilities and persons closely associated with them

    

   The Company was notified  on 7 June 2022  of the following transaction  by
   Ian Mattioli, a  Non-Executive Director  of the Company,  relating to  the
   purchase of ordinary shares. 

    

      Details of the person discharging managerial responsibilities / person
   1  closely associated
    
       
   a) Name
                                            Ian Mattioli
       
   2  Reason for the notification

       
   a) Position/status
                                            Non-Executive Director
       
   b) Initial notification /Amendment
                                            Initial Notification
       
   3  Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
    
       
   a) Name
                                            Custodian REIT plc
       
   b) LEI
                                            2138001BOD1J5XK1CX76
       
   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  
                                            Ordinary Shares of 1 pence per
      Description of the financial          share
      instruments, type of instruments
   a)                                        
       
                                             
      Identification code
                                             
       
                                            GB00BJFLFT45
   b) Nature of the transactions
                                            Purchase of Shares
       

    

   c) Price(s) and volume(s)   Price        Volume
                               98.911 pence 800,000
                                             

    

    

      Aggregated information
                                  
       
                                  
   d) - Aggregated volume
                                 800,000
       
                                  
      - Price
                                 98.911 pence
       
      Nature of the transactions
   e)                            Purchase of shares
       
   h) Date of the transactions
                                 6 June 2022
       
   i) Place of the transactions
                                 London Stock Exchange
       

    

   This announcement contains inside information for the purposes of  Article
   7 of EU Regulation 596/2014.  Upon publication of this announcement,  this
   information is now considered to be in the public domain. 

    

                                    - Ends -

    

   For further information, please contact:

    

   Custodian Capital Limited                                                 
   Richard Shepherd-Cross / Ed Moore / Ian           Tel: +44 (0)116 240 8740
   Mattioli MBE
                                                   2 www.custodiancapital.com

    

   Numis Securities Limited                           
   Hugh Jonathan/Nathan Brown Tel: +44 (0)20 7260 1000
                                     www.numiscorp.com
                                                      
   Camarco                                            
   Ed Gascoigne-Pees          Tel: +44 (0)20 3757 4984
                                     www.camarco.co.uk

    

   ══════════════════════════════════════════════════════════════════════════

    3  1  Comprising shares  held by  Ian, his  wife and  a charitable  trust
   under his control of 3,555,461 and 2,086,990 shares held by other  persons
   closely associated.

   ══════════════════════════════════════════════════════════════════════════

   ISIN:          GB00BJFLFT45
   Category Code: MSCH
   TIDM:          CREI
   LEI Code:      2138001BOD1J5XK1CX76
   Sequence No.:  166735
   EQS News ID:   1370105


    
   End of Announcement EQS News Service

   ══════════════════════════════════════════════════════════════════════════

    4 fncls.ssp?fn=show_t_gif&application_id=1370105&application_name=news&site_id=refinitiv

References

   Visible links
   1. file:///data/ucdp/tmp/xhtmlconvert_parsn_eqs_06Ckptwz.html#_ftn1
   2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=c24dec6d0ea6c746569ddd52de0eca8d&application_id=1370105&site_id=refinitiv&application_name=news
   3. file:///data/ucdp/tmp/xhtmlconvert_parsn_eqs_06Ckptwz.html#_ftnref1


============

Recent news on Custodian Property Income Reit

See all news