REG - Sirius Real Estate - Director/PDMR Shareholding

Sirius Real EstateAnnouncement

30/07/2024 15:45

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RNS Number : 4361Y  Sirius Real Estate Limited  30 July 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

 

30 July 2024

 

Sirius Real Estate Limited

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

Notification and public disclosure of transactions by Persons Discharging
Managerial Responsibilities ("PDMRs")

Sirius Real Estate announces that awards granted under the Sirius Real Estate
Limited Senior Share Incentive Plan 2021 (the "SSIP 21"), vested on 29 July
2024 at a share price of £0.9480 to 43 participants in respect of 2,103,056
ordinary shares of no par value in the Company. The awards were exercised on
29 July 2024, following which the requisite tax directives were obtained.
Three PDMRs have notified the Company today that they have exercised their
awards following which the requisite tax directives were obtained.

 

1,256,867 shares are now due to be delivered by the Sirius Real Estate Limited
Employee Benefit Trust to satisfy these awards and a further 846,189 shares
have been withheld in partial settlement of certain participants' tax
liabilities arising in respect of the vesting of the awards.

 

Disclosure of the awards made to the Persons Discharging Managerial
Responsibilities ("PDMRs") are detailed below.

 

Notification of dealing forms

 1.  Details of PDMR
 a)  Name                                                         Annemie Ress
 2.  Reason for the notification

 a)  Position / status                                            Group HR 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                                    Transfer of shares from the Sirius Real Estate Employee Benefit Trust to
                                                                  satisfy the exercise of an award made under the SSIP 21.

                                                                  Following this transaction, Mrs. Ress holds a beneficial interest in 44,038
                                                                  shares, representing 0.0029% of the Company's issued share capital.
 d)  Price(s),                                                    Price(s)  Volume(s)  Total(s)

     volume(s) and deemed value
                                                                  (p/GBP)              (p/GBP)

                                                                  £0.9480   44,038     £41,748.02
 e)  Date of the transaction                                      29 July 2024
 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 Listings Requirements of the JSE Limited.

e)

Date of the transaction

29 July 2024

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 Listings Requirements of the JSE Limited.

 

 

 1.  Details of PDMR
 a)  Name                                                          Burkhard Honsek
 2.  Reason for the notification

 a)  Position / status                                            Finance 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                                    Transfer of shares from the Sirius Real Estate Employee Benefit Trust to
                                                                  satisfy the exercise of an award made under the SSIP 21.

                                                                  Following this transaction, Mr. Honsek holds a beneficial interest in 83,232
                                                                  shares, representing 0.0055% of the Company's issued share capital.
 d)  Price(s),                                                    Price(s)  Volume(s)  Total(s)

     volume(s) and deemed value
                                                                  (p/GBP)              (p/GBP)

                                                                  £0.9480   69,413     £65,803.52
 e)  Date of the transaction                                       29 July 2024
 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 Listings Requirements of the JSE Limited.

e)

Date of the transaction

 29 July 2024

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 Listings Requirements of the JSE Limited.

 

 

 1.  Details of PDMR
 a)  Name                                                         Anthony Gallagher
 2.  Reason for the notification

 a)  Position / status                                            Group Company Secretary
 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                                    Transfer of shares from the Sirius Real Estate Employee Benefit Trust to
                                                                  satisfy the exercise of an award made under the SSIP 21.

                                                                  Following this transaction, Mr. Gallagher holds a beneficial interest in
                                                                  82,916 shares, representing 0.0055% of the Company's issued share capital.
 d)  Price(s),                                                    Price(s)  Volume(s)  Total(s)

     volume(s) and deemed value
                                                                  (p/GBP)              (p/GBP)

                                                                  £0.9480   65,991     £62,559.47
 e)  Date of the transaction                                      29 July 2024
 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 Listings Requirements of the JSE Limited.

e)

Date of the transaction

29 July 2024

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 Listings Requirements of the JSE Limited.

 

 

For further information:

Sirius Real Estate

Andrew Coombs, CEO / Chris Bowman, CFO

+44 (0) 20 3059 0855

 

FTI Consulting (Financial PR)

Richard Sunderland / James McEwan / Talia Shirion

+44 (0) 20 3727 1000

SiriusRealEstate@fticonsulting.com

 

 

JSE Sponsor

PSG Capital

 

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