REG - Glenveagh Properties - Director/PDMR Shareholding

Glenveagh PropertiesAnnouncement

07/05/2025 15:30

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RNS Number : 7484H  Glenveagh Properties plc  07 May 2025

Notification of Transactions by Persons Discharging Managerial
Responsibilities and Persons Closely Associated with them

 

 [This form is required for disclosure of transactions under Article 19 of
Regulation (EU) No 596/2014 of the European Parliament and of the Council of
16 April 2014 on market abuse (Market Abuse Regulation)]

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated

 a)  Name                                        Teleios Capital Partners LLC ("TCP")

     Reason for the notification

 a)  Position/status                             A person closely associated with a person discharging managerial
                                                 responsibilities. Max Steinebach 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                                        Glenveagh Properties plc ("GLV")

 b)  LEI                                         635400QUQ2YYGMOAK834

 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,   Shares in Teleios Global Opportunities Master Fund ("TGOMF"), a collective

                                           investment scheme, which is a holder of Ordinary Shares of €0.001 each in
     type  of                                    the capital of Glenveagh Properties plc (ISIN: IE00BD6JX574), directly and via

                                           its wholly owned subsidiary, Teleios Opportunities Special Investment 2.
     instrument

     Identification code
 b)  Nature of the transaction                   Indirect subscription for shares in TGOMF, a collective investment scheme,
                                                 which financial instruments are linked to the Ordinary Shares of GLV where the
                                                 Ordinary Shares of GLV constitute more than 20% of the Net Asset Value ("NAV")
                                                 of TGOMF

 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                 1.644     877,224

 

 d)  Aggregated information                      Not applicable

     - Aggregated volume

     - Price
 e)  Date of the transaction                      2025-05-02
 f)  Place of the transaction                     Outside a trading venue
 g)  Additional Information

                                                 TCP, via its wholly owned subsidiary, Teleios Global Opportunities GP LTD,
                                                 subscribed for shares in TGOMF on 2 May 2025.  TGOMF holds a portfolio of
                                                 equities which includes Ordinary Shares in GLV, which are held by TGOMF
                                                 directly and via its wholly owned subsidiary, Teleios Opportunities Special
                                                 Investment 2.

                                                 This filing is being made because GLV represents more than 20% of the NAV
                                                 exposure of TGOMF. As a result, TCP is deemed to have indirectly acquired an
                                                 increased interest in GLV shares.

 

 

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

 

e)

Date of the transaction

 2025-05-02

f)

Place of the transaction

 Outside a trading venue

g)

Additional Information

 

TCP, via its wholly owned subsidiary, Teleios Global Opportunities GP LTD,
subscribed for shares in TGOMF on 2 May 2025.  TGOMF holds a portfolio of
equities which includes Ordinary Shares in GLV, which are held by TGOMF
directly and via its wholly owned subsidiary, Teleios Opportunities Special
Investment 2.

 

This filing is being made because GLV represents more than 20% of the NAV
exposure of TGOMF. As a result, TCP is deemed to have indirectly acquired an
increased interest in GLV shares.

 

 

 

 

 

 

 

 

 

 

 

 

 

Notification of Transactions by Persons Discharging Managerial
Responsibilities and Persons Closely Associated with them

 

 [This form is required for disclosure of transactions under Article 19 of
Regulation (EU) No 596/2014 of the European Parliament and of the Council of
16 April 2014 on market abuse (Market Abuse Regulation)]

 

 1     Details of the person discharging managerial responsibilities/person closely
       associated

 a)    Name                                        Max Steinebach

       Reason for the notification

 a)    Position/status                             A person discharging managerial responsibilities.
 b)    Initial Notification Amendment              Initial notification

 3     Details of the issuer, emission allowance market participant, auction
       platform, auctioneer or auction monitor
 a)    Name                                        Glenveagh Properties plc ("GLV")

 b)    LEI                                         635400QUQ2YYGMOAK834

 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,   Shares in Teleios Global Opportunities Master Fund, Ltd ("TGOMF") a collective

                                           investment scheme, which is a holder of Ordinary Shares of €0.001 each in
       type  of                                    the capital of Glenveagh Properties plc (ISIN: IE00BD6JX574) directly and via

                                           its wholly owned subsidiary, Teleios Opportunities Special Investment 2.
       instrument

       Identification code

 b)    Nature of the transaction                   Indirect subscription for shares in TGOMF, a collective investment scheme,
                                                   which financial instruments are linked to the Ordinary Shares of GLV where the
                                                   Ordinary Shares of GLV constitute more than 20% of the Net Asset Value ("NAV")
                                                   of TGOMF.

  c)   Price(s) and volume(s)

Price(s)  Volume(s)
                                                   1.644     236,424

 

 d)    Aggregated information                      Not applicable

       - Aggregated volume

       - Price
 e)    Date of the transaction                      2025-05-02
 f)    Place of the transaction                    Outside a trading venue
 g)    Additional Information                      Max Steinebach ("Max") is an employee of Teleios Capital Partners LLC ("TCP")
                                                   and is a non-executive director of GLV.

                                                   TCP, via its wholly owned subsidiary, Teleios Global Opportunities GP LTD,
                                                   subscribed for shares in TGOMF on 2 May 2025.  TGOMF holds a portfolio of
                                                   equities which includes Ordinary Shares in GLV which are held by TGOMF
                                                   directly and via its wholly owned subsidiary, Teleios Opportunities Special
                                                   Investment 2.

                                                   Effective 2 May2025, Max is contractually entitled to a portion of the shares
                                                   subscribed for by TCP in TGOMF, as per the disclosure made in 4(c) above.

                                                   This filing is being made because GLV represents more than 20% of the NAV
                                                   exposure of TGOMF. As a result, both TCP and Max are deemed to have indirectly
                                                   acquired an increased interest in GLV shares.

                                                   TCP is deemed a person closely associated with Max for the purposes of the
                                                   Market Abuse Regulation. A separate notification has therefore been made by
                                                   TCP in respect of its interest in ordinary shares of GLV (as referred to
                                                   above) in accordance with Article 19 of Regulation (EU) No 596/2014.

 

 

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

 

e)

Date of the transaction

 2025-05-02

f)

Place of the transaction

Outside a trading venue

g)

Additional Information

Max Steinebach ("Max") is an employee of Teleios Capital Partners LLC ("TCP")
and is a non-executive director of GLV.

 

TCP, via its wholly owned subsidiary, Teleios Global Opportunities GP LTD,
subscribed for shares in TGOMF on 2 May 2025.  TGOMF holds a portfolio of
equities which includes Ordinary Shares in GLV which are held by TGOMF
directly and via its wholly owned subsidiary, Teleios Opportunities Special
Investment 2.

 

Effective 2 May2025, Max is contractually entitled to a portion of the shares
subscribed for by TCP in TGOMF, as per the disclosure made in 4(c) above.

 

This filing is being made because GLV represents more than 20% of the NAV
exposure of TGOMF. As a result, both TCP and Max are deemed to have indirectly
acquired an increased interest in GLV shares.

 

TCP is deemed a person closely associated with Max for the purposes of the
Market Abuse Regulation. A separate notification has therefore been made by
TCP in respect of its interest in ordinary shares of GLV (as referred to
above) in accordance with Article 19 of Regulation (EU) No 596/2014.

 

 

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