REG - Sirius Real Estate - Director/PDMR Shareholding

Sirius Real EstateAnnouncement

15/06/2020 16:00

RNS Number : 9963P
  
Sirius Real Estate Limited
  
15 June 2020
  
 

SIRIUS REAL ESTATE LIMITED 
(Incorporated in Guernsey) 
Company Number: 46442 
JSE Share Code: SRE
LSE (EUR) Share Code: ESRE
LSE (GBP) Share Code: SRE
ISIN Code: ISIN GG00B1W3VF54 
 
15 June 2020
 
Sirius Real Estate Limited
(the "Company")
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PDMRs 
The Company confirms that on 15 June 2020 it granted the "2020 Awards" under the Sirius Real Estate Long Term Incentive Plan 2018 (the "LTIP"), including awards granted to its Executive Directors and another Person Discharging Managerial Responsibilities

(the "PDMRs").
Each award granted to the PDMRs has been granted in the form of a Nil-Cost Option and consists of "Ordinary Awards" as described in the circular relating to the General Meeting held on 5 December 2018.  



Director/PDMR


Number of shares subject to Ordinary Award




Andrew Coombs


1,000,000




Alistair Marks


1,000,000




Rüdiger Swoboda


350,000



Each award is subject to a performance condition assessed over the five financial years of the Company, with the first year of the period being the year ending 31 March 2019.  Subject to the rules of the LTIP and to the satisfaction of the performance condition, the awards will vest following the assessment of the performance condition but will not be "released" until the end of a further two-year holding period.  




 
 



1.


Details of PDMR




a)


Name


Andrew Coombs




2.


Reason for the notification
 
 
                 




a)


Position / status


Chief Executive 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


GB00B1W3VF54




c)


Nature of the transaction


Grant of nil-cost option over ordinary shares under the Sirius Real Estate 2018 Long Term Incentive Plan.
Mr. Coombs currently has a beneficial interest in 9,282,406 shares, representing 0.89% of the issued share capital.




d)


Price(s) and
volume(s)





Price(s)


Volume(s)




N/A


1,000,000 (Ordinary Award)








e)


Price(s) and
volume(s)





Price(s)
(p/GBP)
 


Volume(s)


Total(s)
(p/GBP)




n/a


1,000,000


Nil








f)


Date of the transaction


15 June 2020




g)


Place of the transaction


Outside a trading venue (off market)




h)


Nature and extent of interest in the transaction


Direct, beneficial




i)


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



 
 



1.


Details of PDMR 




a)


Name


Alistair Marks




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


GB00B1W3VF54




c)


Nature of the transaction


Grant of nil-cost option over ordinary shares under the Sirius Real Estate 2018 Long Term Incentive Plan.
Mr. Marks currently has a beneficial interest in 7,159,078 shares, representing 0.69% of the issued share capital.




d)


Price(s) and
volume(s)





Price(s)


Volume(s)




N/A


1,000,000 (Ordinary Award)








e)


Price(s) and
volume(s)





Price(s)
(p/GBP)
 


Volume(s)


Total(s)
(p/GBP)




n/a


1,000,000


Nil








f)


Date of the transaction


15 June 2020




g)


Place of the transaction


Outside a trading venue (off market)




h)


Nature and extent of interest in the transaction


Direct, beneficial




i)


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



 
 



1.


Details of PDMR 




a)


Name


Rüdiger Swoboda




2.


Reason for the notification
 
 
                 




a)


Position / status


Group Sales 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


GB00B1W3VF54




c)


Nature of the transaction


Grant of nil-cost option over ordinary shares under the Sirius Real Estate 2018 Long Term Incentive Plan.
Mr. Swoboda currently has a beneficial interest in 1,109,314 shares representing 0.11% of the issued share capital.
 




d)


Price(s) and
volume(s)





Price(s)


Volume(s)




N/A


350,000 (Ordinary Award)








e)


Price(s) and
volume(s)





Price(s)
(p/GBP)
 


Volume(s)


Total(s)
(p/GBP)




n/a


350,000


Nil








f)


Date of the transaction


15 June 2020




g)


Place of the transaction


Outside a trading venue (off market)




h)


Nature and extent of interest in the transaction


Direct, beneficial




i)


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



 
Enquiries 



For further information: 
 
Sirius Real Estate 
Andrew Coombs, CEO 
Alistair Marks, CFO 


+49 (0)30 285010110 




 
Tavistock 
Jeremy Carey 
James Verstringhe siriusrealestate@tavistock.co.uk 


+44 (0)20 7920 3150 



 
LEI: 213800NURUF5W8QSK566 
 
JSE Sponsor 
PSG Capital
 


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