Director/PDMR Shareholding
01/08/2022 11:00
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220801:nRSA4280Ua&default-theme=true
RNS Number : 4280U Industrials REIT Limited 01 August 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")
1 August 2022
Notification and public disclosure of transactions by directors and persons
closely associated with directors in accordance with the Market Abuse
Regulations.
Industrials REIT shareholders are referred to previous announcements in
respect of the offer to receive the final dividend of 3.475 pence per share
for the six months ended 31 March 2022 either as a cash dividend or a scrip
dividend by way of an issue of new Industrials REIT shares (the "Scrip
Dividend"). Shareholders are advised of the following information relating to
dealings in securities by a director and associates of directors. Clearance to
deal was granted in respect of all Scrip Dividend elections.
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 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 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 Election to receive shares pursuant to the Scrip Dividend as an off-market
transaction.
c) Price(s) and volume(s)
Price(s) Volume(s)
£1.47775 9,053
d) Aggregated information
- Aggregated volume 9,053
- Price £13,378.07
e) Date of the transaction 2022-07-29
f) Place of the transaction off-market transaction
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Lonat Limited
2 Reason for the notification
a) Position/status Paul Arenson, Chief Executive Officer of Industrials REIT Limited, is a
discretionary beneficiary of the Lonat Trust, which has a beneficial interest
in Lonat Limited
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 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 Election to receive shares pursuant to the Scrip Dividend as an off-market
transaction.
c) Price(s) and volume(s)
Price(s) Volume(s)
£1.47775 239,940
d) Aggregated information
- Aggregated volume 239,940
- Price £354,571.34
e) Date of the transaction 2022-07-29
f) Place of the transaction off-market transaction
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Wetherby Holdings Limited
2 Reason for the notification
a) Position/status Paul Arenson, Chief Executive Officer of Industrials REIT Limited, is a
discretionary beneficiary of the Saruga Trust, which has a beneficial interest
in Wetherby Holdings Limited
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 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 Election to receive shares pursuant to the Scrip Dividend as an off-market
transaction.
c) Price(s) and volume(s)
Price(s) Volume(s)
£1.47775 38,322
d) Aggregated information
- Aggregated volume 38,322
- Price £56,630.34
e) Date of the transaction 2022-07-29
f) Place of the transaction off-market transaction
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Saruga Investments Limited
2 Reason for the notification
a) Position/status Paul Arenson, Chief Executive Officer of Industrials REIT Limited, is the sole
director of Saruga Investments Limited
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 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 Election to receive shares pursuant to the Scrip Dividend as an off-market
transaction.
c) Price(s) and volume(s)
Price(s) Volume(s)
£1.47775 19,171
d) Aggregated information
- Aggregated volume 19,171
- Price £28,329.95
e) Date of the transaction 2022-07-29
f) Place of the transaction off-market transaction
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name The Swallow Trust
2 Reason for the notification
a) Position/status Patsy Watson, Non-Executive Director of Industrials REIT Limited, is a
discretionary beneficiary of the Swallow Trust
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 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 Election to receive shares pursuant to the Scrip Dividend as an off-market
transaction.
c) Price(s) and volume(s)
Price(s) Volume(s)
£1.47775 13,250
d) Aggregated information
- Aggregated volume 13,250
- Price £19,580.19
e) Date of the transaction 2022-07-29
f) Place of the transaction off-market transaction
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 with a primary listing on the London Stock
Exchange and a secondary listing on the JSE. The objective of the Company is
to deliver a combination of sustainable growing income and growth in value to
its investors. Industrials REIT focuses on owning and operating a diversified
portfolio of UK purpose built multi-let industrial (MLI) estates across the
UK. The Company aspires to be the leading MLI business in the UK. For further
information, go to www.industrialsreit.com.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHGCGDISGGDGDB