Director/PDMR Shareholding
18/02/2022 10:30
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RNS Number : 1421C Industrials REIT Limited 18 February 2022
INDUSTRIALS REIT LIMITED
(formerly Stenprop Limited)
(Registered in Guernsey )
(Registration number 64865)
LSE share code: MLI JSE share code: MLI
ISIN: GG00BFWMR296
("Industrials REIT" or the "Company")
18 February 2022
Notification and public disclosure of transactions by a director in accordance
with the Market Abuse Regulation.
On 17 February 2022, Mr James Beaumont, Chief Financial Officer of Industrials
REIT, exercised vested nil-cost options awarded under the Industrials REIT
Deferred Share Bonus Plan and subsequently sold all 40,304 ordinary shares
received as a result of this exercise. Clearance to deal was granted in
respect of all dealings.
The Company utilised treasury shares to settle the exercise of the nil-cost
options. Following these transactions, the total number of treasury shares
held by the Company is 6,520,962 and the total number of shares in issue less
shares held in treasury is 292,254,213.
This announcement is made in accordance with Article 19 of the UK Market Abuse
Regulation.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Mr James Beaumont
2 Reason for the notification
a) Position/status Chief Financial Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Industrials REIT Limited
b) LEI 5493004JYL71EMLTB211
4.1 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 Nil-cost options
Identification code N/A
b) Nature of the transaction and extent of director's interest Exercise of vested nil cost options - Direct beneficial.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil cost 40,304
d) Aggregated information
- Aggregated volume 40,304
- Price £nil
e) Date of the transaction 2022-02-17
f) Place of the transaction Off-market exercise of nil-cost options
4.2 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 with a nominal value of €0.000001258
Identification code GG00BFWMR296
b) Nature of the transaction and extent of director's interest Sale of 40,304 ordinary shares- Direct beneficial
c) Price(s) and volume(s)
Price(s) Volume(s)
£1.96 40,304
d) Aggregated information
- Aggregated volume 40,304
- Price £78,995.84
e) Date of the transaction 2022-02-17
f) Place of the transaction London Stock Exchange, XLON
For further information:
Industrials REIT Limited +44(0)20 3918 6600
Paul Arenson (paul.arenson@industrials.co.uk)
Julian Carey (julian.carey@industrials.co.uk)
James Beaumont (james.beaumont@industrials.co.uk)
Numis Securities Limited (Financial Adviser) +44(0)20 7260 1000
Hugh Jonathan
Vicki Paine
FTI Consulting (PR Adviser) +44(0)20 3727 1000
Richard Sunderland
Richard Gotla
Neel Bose
industrialsreit@fticonsulting.com (mailto:industrialsreit@fticonsulting.com)
Java Capital +27 (0)11 722 3050
(JSE Sponsor)
About Industrials REIT:
Industrials REIT is a UK REIT listed on the LSE and the JSE. The objective of
the Company is to deliver sustainable growing income to its investors.
Industrials REIT invests in a diversified portfolio of UK multi-let industrial
(MLI) properties with the strategic goal of becoming the leading MLI business
in the UK. For further information, go to www.industrialsreit.com
(http://www.industrialsreit.com)
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