REG - Real Estate Investrs - Director/PDMR Shareholding

Real Estate InvestorsAnnouncement

28/03/2023 11:30

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RNS Number : 4869U  Real Estate Investors PLC  28 March 2023

 

 

 

28 March 2023

 

Real Estate Investors Plc

("REI" or the "Company" or the "Group")

 

Director/PDMR Shareholding

 

Real Estate Investors Plc (AIM: RLE), the UK's only Midlands-focused Real
Estate Investment Trust (REIT) with a portfolio of 1.37 million sq ft of
investment property, announces that on 28 March 2023, Ian Stringer,
Non-executive Director, purchased 99,600 ordinary shares of 10p each
("Ordinary Shares") at 28 pence per Ordinary Share.

 

Following this transaction, Ian Stringer is beneficially interested in 99,600
Ordinary Shares representing 0.06 per cent. of the Company's issued share
capital.

 

Enquiries:

 

 Real Estate Investors Plc               +44 (0)121 212 3446

 Paul Bassi/Marcus Daly

 Cenkos Securities (Nominated Adviser)   +44 (0)20 7397 8900

 Katy Birkin/Ben Jeynes

 Liberum (Broker)                        +44 (0)20 3100 2000

 Jamie Richards/William King

 

 

About Real Estate Investors Plc

 

Real Estate Investors Plc is a publicly quoted, internally managed property
investment company and REIT with a portfolio of 1.37 million sq ft of
mixed-use commercial property, managed by a highly-experienced property team
with over 100 years of combined experience of operating in the Midlands
property market across all sectors.  The Company's strategy is to invest in
well located, real estate assets in the established and proven markets across
the Midlands, with income and capital growth potential, realisable through
active portfolio management, refurbishment, change of use and lettings.  The
portfolio has no material reliance on a single asset or occupier.  On 1st
January 2015, the Company converted to a REIT.  Real Estate Investment Trusts
are listed property investment companies or groups not liable to corporation
tax on their rental income or capital gains from their qualifying
activities.  The Company aims to deliver capital growth and income
enhancement from its assets, supporting its progressive dividend policy.
Further information on the Company can be found at www.reiplc.com
(http://www.reiplc.com/) .

 

 

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                                                         Ian Stringer

 2   Reason for the notification

 a)  Position/status                                              PDMR (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                                                         Real Estate Investors Plc

 b)  LEI                                                          21380015X5JMEGUHPD83

 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 of 10p each

     Identification code                                          GB00B45XLP34

 b)  Nature of the transaction                                    Purchase of Ordinary Shares

 c)  Price(s) and volumes(s)                                      Price(s)                     Volume(s)

     £0.28                                                                                     99,600

 d)  Aggregated information

     Aggregated volume                                            N/A - single transaction

     Price                                                        N/A - single transaction

 e)  Date of the transaction                                      28 March 2023

 f)  Place of the transaction                                     Outside of a trading venue

 

 

 

 

 

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