REG - Sirius Real Estate - Director/PDMR Shareholding
11/06/2024 14:30
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RNS Number : 0109S Sirius Real Estate Limited 11 June 2024
SIRIUS REAL ESTATE LIMITED
(Incorporated in Guernsey)
Company Number: 46442
JSE Share Code: SRE
LSE (GBP) Share Code: SRE
LEI: 213800NURUF5W8QSK566
ISIN Code: GG00B1W3VF54
11 June 2024
Sirius Real Estate Limited
("Sirius Real Estate", "Sirius" or the "Company")
Allotment of 2021 Long Term Incentive Plan Shares and notification of
transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
Sirius Real Estate announces that awards granted on 2 August 2021 under the
Sirius Real Estate Limited Long Term Incentive Plan 2021 (the "2021 LTIP")
vested on 24 May 2024 to 8 participants in respect of 2,774,157 ordinary
shares of no par value in the Company. The awards were exercised on
10 June 2024, following which the requisite tax directives were obtained.
1,482,979 shares are now due to be delivered to satisfy these awards and a
further 1,291,178 shares have been withheld in partial settlement of certain
participants' tax liabilities arising in respect of the vesting. Accordingly,
1,482,979 ordinary shares of no par value will be issued to qualifying
participants. 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 1,482,979 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 1,349,623,348. 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 18 June 2024.
Notification of dealing forms
1. Details of PDMR / person closely associated with them ("PCA")
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 GG00B1W3VF54
c) Nature of the transaction Acquisition of new shares issued to satisfy an award made under the 2021 LTIP.
Following this transaction, Mr. Coombs holds a beneficial interest in
11,560,842 shares, representing 0.86% of the Company's issued share capital.
d) Price(s) and Price(s) Volume(s) Total(s)
volume(s)
(p/GBP) (p/GBP)
Nil Cost 406,953 0.00
e) Date of the transaction 10 June 2024 (exercise date)
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
10 June 2024 (exercise date)
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 2021 LTIP.
Following this transaction, Mr. Swoboda holds a beneficial interest in
1,998,266 shares, representing 0.15% of the Company's issued share capital.
d) Price(s) and Price(s) Volume(s) Total(s)
volume(s)
(p/GBP) (p/GBP)
Nil Cost 225,000 0.00
e) Date of the transaction 10 June 2024 (exercise date)
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
10 June 2024 (exercise date)
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 2021 LTIP.
Following this transaction, Mrs Wissel holds a beneficial interest in
1,349,410 shares, representing 0.10% of the Company's issued share capital.
d) Price(s) and Price(s) Volume(s) Total(s)
volume(s)
(p/GBP) (p/GBP)
Nil Cost 212,463 0.00
e) Date of the transaction 10 June 2024 (exercise date)
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
10 June 2024 (exercise date)
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 Mgt. Director & Employee Engagement 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 2021 LTIP.
Following this transaction, Mr. Hoskins holds a beneficial interest in 546,832
shares, representing 0.04% of the Company's issued share capital.
d) Price(s) and Price(s) Volume(s) Total(s)
volume(s)
(p/GBP) (p/GBP)
Nil Cost 95,610 0.00
e) Date of the transaction 10 June 2024 (exercise date)
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
10 June 2024 (exercise date)
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 BizSpace, Director of Data Compliance
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 2021 LTIP.
Following this transaction, Mr. Payne holds a beneficial interest in 721,290
shares, representing 0.05% of the Company's issued share capital.
d) Price(s) and Price(s) Volume(s) Total(s)
volume(s)
(p/GBP) (p/GBP)
Nil Cost 96,473 0.00
e) Date of the transaction 10 June 2024 (exercise date)
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
10 June 2024 (exercise date)
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 Tobias Schorstaedt
2. Reason for the notification
a) Position / status Acquisitions 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 2021 LTIP.
Following this transaction, Mr. Schorstaedt holds a beneficial interest in
173,041 shares, representing 0.01% of the Company's issued share capital.
d) Price(s) and Price(s) Volume(s) Total(s)
volume(s)
(p/GBP) (p/GBP)
Nil Cost 101,373 0.00
e) Date of the transaction 10 June 2024 (exercise date)
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
10 June 2024 (exercise date)
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 Andreas Schlesinger
2. Reason for the notification
a) Position / status Contracts, Utilities & Environmental Services 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 2021 LTIP.
Following this transaction, Mr. Schlesinger holds a beneficial interest in
184,101 shares, representing 0.01% of the Company's issued share capital.
d) Price(s) and Price(s) Volume(s) Total(s)
volume(s)
(p/GBP) (p/GBP)
Nil Cost 98,650 0.00
e) Date of the transaction 10 June 2024 (exercise date)
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
10 June 2024 (exercise date)
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
Chris Bowman, CFO
FTI Consulting (financial PR)
Richard Sunderland +44 (0)20 3727 1000
James McEwan
Talia Shirion
SiriusRealEstate@fticonsulting.com (mailto:SiriusRealEstate@fticonsulting.com)
JSE Sponsor
PSG Capital
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