REG - Sirius Real Estate - Allotment of 2018 Long Term Incentive Plan Shares

Sirius Real EstateAnnouncement

18/07/2022 15:00

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RNS Number : 8409S  Sirius Real Estate Limited  18 July 2022

SIRIUS REAL ESTATE LIMITED

(Incorporated in Guernsey)

Company Number: 46442

JSE Share Code: SRE

LSE (GBP) Share Code: SRE

LEI: 213800NURUF5W8QSK566

ISIN Code: GG00B1W3VF54

 

18 July 2022

Sirius Real Estate Limited

 

("Sirius Real Estate", "Sirius" or the "Company")

 

Allotment of 2018 Long Term Incentive Plan Shares and notification of
transactions by Persons Discharging Managerial Responsibilities ("PDMRs")

 

Sirius Real Estate announces that awards granted on 14 June 2019 to 7
participants under the Sirius Real Estate Limited Long Term Incentive Plan
2018 (the "2018 LTIP") vested on 13 May 2022 in respect of 4,543,039 ordinary
shares of no par value in the Company.

 

1,620,093 shares are now due to be delivered to satisfy some of these awards
and a further 1,391,585 shares have been withheld in partial settlement of
certain participants' tax liabilities arising in respect of the vesting.
Accordingly, 1,620,093 ordinary shares of no par value will be issued to
qualifying participants. The remaining 1,531,361 2018 LTIP Awards will be
exercised at a later date. Disclosure of the awards made to the Persons
Discharging Managerial Responsibilities ("PDMRs") are detailed below. The
participant awards will be made up of an issue of 1,620,093 new ordinary
shares of no par value in the Company.

 

Following the issue of the new ordinary shares, the total number of voting
rights in the Company will be 1,173,781,085. There are no shares held in
Treasury.

 

Application has been made for the new ordinary shares to be admitted to
trading on the main market of London Stock Exchange Plc ("LSE"), to be
admitted to listing on the premium segment of the Official List of the
Financial Conduct Authority and to be listed on the main board of the JSE
Limited ("JSE"). It is expected that admission of the new ordinary shares will
take place at commencement of trade on both the LSE at 8.00am (BST) and on the
JSE at 9.00am (SAST), on or around 25 July 2022.

Notification of dealing forms

 

 1.  Details of PDMR / person closely associated with them ("PCA")
 a)  Name                                                         Alistair Marks
 2.  Reason for the notification

 a)  Position / status                                            Chief Investment Officer
 b)  Initial notification / amendment                             Initial notification
 3.  Details of the issuer
 a)  Name                                                         Sirius Real Estate Limited

 b)  LEI                                                          213800NURUF5W8QSK566
 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 no par value.
 b)  Identification code                                          GG00B1W3VF54
 c)  Nature of the transaction                                    Acquisition of new shares issued to satisfy an award made under the 2018 LTIP.

                                                                  Following this transaction, Mr. Marks holds a beneficial interest in 7,587,669
                                                                  shares, representing 0.646% of the Company's issued share capital.
 d)  Price(s) and                                                 Price(s)  Volume(s)  Total(s)

     volume(s)
                                                                  (p/GBP)              (p/GBP)

                                                                  Nil       842,249    0.00
 e)  Date of the transaction                                      15 July 2022
 f)  Place of the transaction                                     Outside a trading venue (off market)
 g)  Nature and extent of interest in the transaction             Direct, beneficial
 h)  Clearance to deal in these securities was obtained in accordance with
     paragraph 3.66 of the JSE Listings Requirements.

e)

Date of the transaction

15 July 2022

f)

Place of the transaction

Outside a trading venue (off market)

g)

Nature and extent of interest in the transaction

Direct, beneficial

h)

Clearance to deal in these securities was obtained in accordance with
paragraph 3.66 of the JSE Listings Requirements.

 

 

 1.  Details of PDMR / person closely associated with them ("PCA")
 a)  Name                                                         Diarmuid Kelly
 2.  Reason for the notification

 a)  Position / status                                            Chief Financial Officer
 b)  Initial notification / amendment                             Initial notification
 3.  Details of the issuer
 a)  Name                                                         Sirius Real Estate Limited

 b)  LEI                                                          213800NURUF5W8QSK566
 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 no par value.
 b)  Identification code                                          GG00B1W3VF54
 c)  Nature of the transaction                                    Acquisition of new shares issued to satisfy an award made under the 2018 LTIP.

                                                                  Following this transaction, Mr. Kelly holds a beneficial interest in 426,315
                                                                  shares, representing 0.036% of the Company's issued share capital.
 d)  Price(s) and                                                 Price(s)  Volume(s)  Total(s)

     volume(s)
                                                                  (p/GBP)              (p/GBP)

                                                                  Nil       134,058    0.00
 e)  Date of the transaction                                      15 July 2022
 f)  Place of the transaction                                     Outside a trading venue (off market)
 g)  Nature and extent of interest in the transaction             Direct, beneficial
 h)  Clearance to deal in these securities was obtained in accordance with
     paragraph 3.66 of the JSE Listings Requirements.

e)

Date of the transaction

15 July 2022

f)

Place of the transaction

Outside a trading venue (off market)

g)

Nature and extent of interest in the transaction

Direct, beneficial

h)

Clearance to deal in these securities was obtained in accordance with
paragraph 3.66 of the JSE Listings Requirements.

 

 

 1.  Details of PDMR / person closely associated with them ("PCA")
 a)  Name                                                         Rüdiger Swoboda
 2.  Reason for the notification

 a)  Position / status                                            Chief Operating Officer
 b)  Initial notification / amendment                             Initial notification
 3.  Details of the issuer
 a)  Name                                                         Sirius Real Estate Limited

 b)  LEI                                                          213800NURUF5W8QSK566
 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 no par value.
 b)  Identification code                                          GG00B1W3VF54
 c)  Nature of the transaction                                    Acquisition of new shares issued to satisfy an award made under the 2018 LTIP.

                                                                  Following this transaction, Mr. Swoboda holds a beneficial interest in
                                                                  1,536,333 shares, representing 0.131% of the Company's issued share capital.
 d)  Price(s) and                                                 Price(s)  Volume(s)  Total(s)

     volume(s)
                                                                  (p/GBP)              (p/GBP)

                                                                  Nil       241,304    0.00
 e)  Date of the transaction                                      15 July 2022
 f)  Place of the transaction                                     Outside a trading venue (off market)
 g)  Nature and extent of interest in the transaction             Direct, beneficial
 h)  Clearance to deal in these securities was obtained in accordance with
     paragraph 3.66 of the JSE Listings Requirements.

e)

Date of the transaction

15 July 2022

f)

Place of the transaction

Outside a trading venue (off market)

g)

Nature and extent of interest in the transaction

Direct, beneficial

h)

Clearance to deal in these securities was obtained in accordance with
paragraph 3.66 of the JSE Listings Requirements.

 

 

 1.  Details of PDMR / person closely associated with them ("PCA")
 a)  Name                                                         Kremena Wissel
 2.  Reason for the notification

 a)  Position / status                                            Chief Marketing & Impact Officer
 b)  Initial notification / amendment                             Initial notification
 3.  Details of the issuer
 a)  Name                                                         Sirius Real Estate Limited

 b)  LEI                                                          213800NURUF5W8QSK566
 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 no par value.
 b)  Identification code                                          GG00B1W3VF54
 c)  Nature of the transaction                                    Acquisition of new shares issued to satisfy an award made under the 2018 LTIP.

                                                                  Following this transaction, Mrs Wissel holds a beneficial interest in
                                                                  1,005,697 shares, representing 0.086% of the Company's issued share capital.
 d)  Price(s) and                                                 Price(s)  Volume(s)  Total(s)

     volume(s)
                                                                  (p/GBP)              (p/GBP)

                                                                  Nil       134,063    0.00
 e)  Date of the transaction                                      15 July 2022
 f)  Place of the transaction                                     Outside a trading venue (off market)
 g)  Nature and extent of interest in the transaction             Direct, beneficial
 h)  Clearance to deal in these securities was obtained in accordance with
     paragraph 3.66 of the JSE Listings Requirements.

e)

Date of the transaction

15 July 2022

f)

Place of the transaction

Outside a trading venue (off market)

g)

Nature and extent of interest in the transaction

Direct, beneficial

h)

Clearance to deal in these securities was obtained in accordance with
paragraph 3.66 of the JSE Listings Requirements.

 

 

 1.  Details of PDMR / person closely associated with them ("PCA")
 a)  Name                                                         Anthony Payne
 2.  Reason for the notification

 a)  Position / status                                            Data Director
 b)  Initial notification / amendment                             Initial notification
 3.  Details of the issuer
 a)  Name                                                         Sirius Real Estate Limited

 b)  LEI                                                          213800NURUF5W8QSK566
 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 no par value.
 b)  Identification code                                          GG00B1W3VF54
 c)  Nature of the transaction                                    Acquisition of new shares issued to satisfy an award made under the 2018 LTIP.

                                                                  Following this transaction, Mr. Payne holds a beneficial interest in 480,689
                                                                  shares, representing 0.041% of the Company's issued share capital.
 d)  Price(s) and                                                 Price(s)  Volume(s)  Total(s)

     volume(s)
                                                                  (p/GBP)              (p/GBP)

                                                                  Nil       132,083    0.00
 e)  Date of the transaction                                      15 July 2022
 f)  Place of the transaction                                     Outside a trading venue (off market)
 g)  Nature and extent of interest in the transaction             Direct, beneficial
 h)  Clearance to deal in these securities was obtained in accordance with
     paragraph 3.66 of the JSE Listings Requirements.

e)

Date of the transaction

15 July 2022

f)

Place of the transaction

Outside a trading venue (off market)

g)

Nature and extent of interest in the transaction

Direct, beneficial

h)

Clearance to deal in these securities was obtained in accordance with
paragraph 3.66 of the JSE Listings Requirements.

 

 

 1.  Details of PDMR / person closely associated with them ("PCA")
 a)  Name                                                         Craig Hoskins
 2.  Reason for the notification

 a)  Position / status                                            Asset Management Director
 b)  Initial notification / amendment                             Initial notification
 3.  Details of the issuer
 a)  Name                                                         Sirius Real Estate Limited

 b)  LEI                                                          213800NURUF5W8QSK566
 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 no par value.
 b)  Identification code                                          GG00B1W3VF54
 c)  Nature of the transaction                                    Acquisition of new shares issued to satisfy an award made under the 2018 LTIP.

                                                                  Following this transaction, Mr. Hoskins holds a beneficial interest in 521,689
                                                                  shares, representing 0.44% of the Company's issued share capital.
 d)  Price(s) and                                                 Price(s)  Volume(s)  Total(s)

     volume(s)
                                                                  (p/GBP)              (p/GBP)

                                                                  Nil       136,336    0.00
 e)  Date of the transaction                                      15 July 2022
 f)  Place of the transaction                                     Outside a trading venue (off market)
 g)  Nature and extent of interest in the transaction             Direct, beneficial
 h)  Clearance to deal in these securities was obtained in accordance with
     paragraph 3.66 of the JSE Listings Requirements.

e)

Date of the transaction

15 July 2022

f)

Place of the transaction

Outside a trading venue (off market)

g)

Nature and extent of interest in the transaction

Direct, beneficial

h)

Clearance to deal in these securities was obtained in accordance with
paragraph 3.66 of the JSE Listings Requirements.

 

 For further information:

 Sirius Real Estate

 Andrew Coombs, CEO                                                               +49 (0)30 285010110

 Diarmuid Kelly, CFO

 FTI Consulting (financial PR)

 Richard Sunderland                                                               +44 (0)20 3727 1000

 Talia Jessener

 SiriusRealEstate@fticonsulting.com (mailto:SiriusRealEstate@fticonsulting.com)

 JSE Sponsor

 PSG Capital

 

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