KCR Residential REIT - Director/PDMR Shareholding

KCR Residential Reit

19/10/2020 11:41

RNS Number : 4931C

KCR Residential REIT PLC

19 October 2020

 

19 October 2020

KCR Residential REIT plc

("KCR" or the "Company")

Director's Share Purchase

KCR Residential REIT plc has been notified that on 16 October 2020 Dominic White, Chief Executive of the Company, purchased 50,000 ordinary shares of 10p each in the Company ("Shares") at a price of 25p per Share.

Following this purchase, Mr White has a beneficial interest in 1,245,932* Shares, representing approximately 4.5 per cent. of the Company's issued share capital.

* 645,299 Shares are held by White Amba Pension Scheme of which Mr White is a beneficiary.

 

Contacts:

KCR Residential REIT plc
Dominic White, Chief Executive
info@kcrreit.com
 +44 20 3793 5236
Arden Partners plc
Richard Johnson
Benjamin Cryer
+44 20 7614 5900

Notes to Editors:

KCR's objective is to build a substantial residential property portfolio that generates secure income flow for shareholders. The Directors intend that the group will acquire, develop and manage residential property assets in a number of jurisdictions including the UK.

 

The notifications below are made in accordance with the requirements of the EU regulation on market abuse.

Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1
Details of the person discharging managerial responsibilities / person closely
associated
a)
Name
Dominic White
2
Reason for the notification
a)
Position/status
Director (Chief Executive)
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
a)
Name
K&C Residential REIT PLC
b)
LEI
213800NTHWVFLSB9CX32
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
Identification code
Ordinary Shares of 10p nominal value
ISIN: GB00BYWK1Q82
b)
Nature of the transaction
Acquisition
c)
Price(s) and volume(s)
Price(s)
Volume(s)
25p
50,000
d)
Aggregated information
- Aggregated volume
50,000
- Price
- Aggregated total
25p
£12,500
e)
Date of the transaction
16 October 2020
f)
Place of the transaction
London Stock Exchange, AIM Market (XLON)

 

 

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 or visit 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.

 
  END

 

 
DSHBGBDGCXBDGGC