REG - Real Estate Investrs - Director/PDMR Shareholding

Real Estate InvestorsAnnouncement

31/03/2023 17:00

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RNS Number : 0160V  Real Estate Investors PLC  31 March 2023

 

 

 

31 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 31 March 2023, Peter London,
Non-executive Director, sold 25,000 ordinary shares of 10p each ("Ordinary
Shares") at 28.05 pence per Ordinary Share held personally and subsequently
repurchased 40,000 Ordinary Shares at 28.40 pence per Ordinary Share in his
ISA account.

 

Following this transaction, Peter London is beneficially interested in 257,500
Ordinary Shares representing 0.15 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                                                         Peter London

 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                                    Sale and Purchase of Ordinary Shares

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

     £0.2805                                                                                   (25,000)

     £0.284                                                                                    40,000
 d)  Aggregated information

     Aggregated volume                                            65,000

     Price                                                        See above

 e)  Date of the transaction                                      31 March 2023

 f)  Place of the transaction                                     Outside of a trading venue

 

 

 

 

 

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