REG - Real Estate Investrs - Director/PDMR Shareholding

Real Estate InvestorsAnnouncement

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RNS Number : 3222Z  Real Estate Investors PLC  07 April 2026

 

Real Estate Investors Plc

("REI", 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 commercial property across
all sectors, announces that it has been notified that Paul Bassi, Chief
Executive Officer, purchased, in aggregate, 200,000 ordinary shares of 10p
each ("Ordinary Shares") between 1 April 2026 and 2 April 2026.

 

Following the purchases, Paul Bassi is interested in 18,200,000 Ordinary
Shares, representing approximately 10.41% of the Company's issued ordinary
share capital.

 

The notification below, made in accordance with the requirements of the UK
Market Abuse Regulation, provides further detail.

 

 

Enquiries:

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

 Paul Bassi/Marcus Daly

 Cavendish Capital Markets Limited (Nominated Adviser)   +44 (0)20 7220 0500

 Ben Jeynes/George Lawson

 Panmure Liberum Limited (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 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 portfolio has no material reliance on a single asset or occupier. On
1(st) 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 announced in January 2024 that it would be
undertaking an orderly strategic sale of the Company's portfolio over three
years, disposing of assets individually or collectively.  The pace of the
ongoing disposal programme will be dictated by market conditions, with an
initial focus on repaying the Company's debt.  In the meantime, it is the
Board's intention to continue paying a fully covered quarterly dividend.
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                                                         Paul Bassi

 2   Reason for the notification

 a)  Position/status                                              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                                                         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)

     1.    28.6 pence                                                                          1.    150,000

     2.    28.5 pence                                                                          2.    50,000
 d)  Aggregated information

     Aggregated volume                                            200,000 Ordinary Shares @ 28.58 pence

     Price                                                        N/A

 e)  Date of the transaction                                      1 April 2026 and 2 April 2026

 f)  Place of the transaction                                     London Stock Exchange

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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