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RNS Number : 9769E Industrials REIT Limited 16 March 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")
16 March 2022
Notification and public disclosure of transactions by directors in accordance
with the UK Market Abuse Regulation
The Company announces that on 15 March 2022, the following directors of the
Company were granted options to purchase Company shares under the Industrials
Reit 2022 ShareSave plan ("2022 ShareSave Plan") at an option price of
£1.5546 per share. The scheme is a UK HM Revenue & Customs approved
all-employee Save As You Earn share option plan, under which employees are
able to save from their monthly salary funds to exercise share options at the
end of the savings period at a fixed discounted option price.
PDMRs No. of options
Paul Arenson 11,578
James Beaumont 2,315
Julian Carey 5,785
Options will be exercisable from May 2025.
This announcement is made in accordance with Article 19 of the UK Market Abuse
Regulation. The relevant FCA notifications are set out below.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Mr Paul Arenson
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 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 Ordinary shares with a nominal value of €0.000001258
Identification code GG00BFWMR296
b) Nature of the transaction and extent of director's interest Grant of share options under the Company's 2022 ShareSave Plan.
c) Price(s) and volume(s)
Price(s) Volume(s)
£1.5546 11,578
d) Aggregated information
- Aggregated volume 11,578
- Aggregated Price £17,999.16
e) Date of the transaction 2022-03-15
f) Place of the transaction Outside a trading venue
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 Ordinary shares with a nominal value of €0.000001258
Identification code GG00BFWMR296
b) Nature of the transaction and extent of director's interest Grant of share options under the Company's 2022 ShareSave Plan.
c) Price(s) and volume(s)
Price(s) Volume(s)
£1.5546 2,315
d) Aggregated information
- Aggregated volume 2,315
- Aggregated Price £3,598.90
e) Date of the transaction 2022-03-15
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Mr Julian Carey
2 Reason for the notification
a) Position/status Managing Director
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 Ordinary shares with a nominal value of €0.000001258
Identification code GG00BFWMR296
b) Nature of the transaction and extent of director's interest Grant of share options under the Company's 2022 ShareSave Plan.
c) Price(s) and volume(s)
Price(s) Volume(s)
£1.5546 5,785
d) Aggregated information
- Aggregated volume 5,785
- Aggregated Price £8,993.36
e) Date of the transaction 2022-03-15
f) Place of the transaction Outside a trading venue
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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