REG - Sirius Real Estate - Director/PDMR Shareholding

Sirius Real EstateAnnouncement

09/07/2025 16:00

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RNS Number : 4065Q  Sirius Real Estate Limited  09 July 2025

SIRIUS REAL ESTATE LIMITED

(Incorporated in Guernsey)

Company Number: 46442

JSE Share Code: SRE

LSE (GBP) Share Code: SRE

LEI: 213800NURUF5W8QSK566

ISIN Code: GG00B1W3VF54

 

 9 July 2025

Sirius Real Estate Limited

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

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES ("PDMRs")

 

Awards granted under the Sirius Real Estate Limited 2021 Long Term Incentive
Plan (the "LTIP") and the Sirius Real Estate Limited 2019 Share Incentive Plan
(the "SIP")

The Company confirms that it granted awards on 9 July 2025 under the LTIP
("LTIP Awards") to Executive Directors and other PDMRs and an award under the
SIP ("SIP Award") to a PDMR, which LTIP Awards and SIP Award have subsequently
all been accepted.

 

 Director/PDMR      Maximum number of ordinary shares subject to LTIP Award and SIP Award

                    (including for LTIP Awards, the effect of the multiplier for exceptional
                    performance set out on page 92 of the Annual Report and Accounts 2025)
 Andrew Coombs      2,096,401 (LTIP)
 Chris Bowman       1,790,699 (LTIP)
 Rüdiger Swoboda    798,000 (LTIP)
 Kremena Wissel     798,000 (LTIP)
 Annemie Ress       798,000 (LTIP)
 Tariq Khader       798,000 (LTIP)
 James Peggie       399,000 (LTIP)
 Anthony Gallagher  90,000 (SIP)

 

 

Each award has been granted in the form of a nil-cost option and will vest,
subject to the rules of the LTIP, or of the SIP as the case may be, and the
satisfaction of performance conditions assessed over the three financial years
of the Company beginning with the financial year ending 31 March 2026. The
performance targets are set out on page 92 of the Company's Annual Report and
Accounts 2025.

 

The peer group of companies against which Total Shareholder Return will be
measured, comprises the following companies: AEW UK REIT Plc, Big Yellow Group
Plc, Branicks Group AG, CLS Holdings Plc, Custodian Property Income REIT Plc,
CTP N.V., Demire Deutsche Mittelstand Real Estate AG, Hamborner REIT AG,
Londonmetric Property Plc, Regional REIT Ltd, Safestore Holdings Plc, SEGRO
Plc, Shurgard Self Storage SA, VIB Vermögen AG and Workspace Group Plc.

 

Following the assessment of the performance conditions, vested LTIP Awards
will be subject to a further two-year holding period, and the vested SIP Award
will be subject to a one-year holding period.

Notification of dealing forms

 

 

1.

 1.  Details of Director/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                                          GG00B1W3VF54
 c)  Nature of the transaction                                    Grant of nil-cost option over ordinary shares under the LTIP.
 d)  Price(s) and                                                 Price(s)  Volume(s)  Total(s)

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

                                                                  N/A       2,096,401  Nil
 e)  Date of the transaction                                      9 July 2025
 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

9 July 2025

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.

 

2.

 1.  Details of Director/PDMR
 a)  Name                                                         Chris Bowman
 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                                    Grant of nil-cost option over ordinary shares under the LTIP.
 d)  Price(s) and                                                 Price(s)  Volume(s)  Total(s)

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

                                                                  N/A       1,790,699  Nil
 e)  Date of the transaction                                      9 July 2025
 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

9 July 2025

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.

 

3.

 1.  Details of PDMR
 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                                    Grant of nil-cost option over ordinary shares under the LTIP.

 d)  Price(s) and                                                 Price(s)  Volume(s)  Total(s)

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

                                                                  N/A       798,000    Nil
 e)  Date of the transaction                                      9 July 2025
 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

9 July 2025

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.

 

4.

 1.  Details of PDMR
 a)  Name                                                         Kremena Wissel
 2.  Reason for the notification

 a)  Position / status                                            Chief Impact and Marketing 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                                    Grant of nil-cost option over ordinary shares under the LTIP.

 d)  Price(s) and                                                 Price(s)  Volume(s)  Total(s)

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

                                                                  N/A       798,000    Nil
 e)  Date of the transaction                                      9 July 2025
 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

9 July 2025

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.

 

5.

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

 a)  Position / status                                            Chief 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                                    Grant of nil-cost option over ordinary shares under the LTIP.
 d)  Price(s) and                                                 Price(s)  Volume(s)  Total(s)

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

                                                                  N/A       798,000    Nil
 e)  Date of the transaction                                      9 July 2025
 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

9 July 2025

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.

 

6.

 1.  Details of PDMR
 a)  Name                                                         Tariq Khader
 2.  Reason for the notification

 a)  Position / status                                            Chief Investment Officer & BizSpace 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                                    Grant of nil-cost option over ordinary shares under the LTIP.
 d)  Price(s) and                                                 Price(s)  Volume(s)  Total(s)

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

                                                                  N/A       798,000    Nil
 e)  Date of the transaction                                        9 July 2025
 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

  9 July 2025

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.

 

7.

 1.  Details of PDMR
 a)  Name                                                         James Peggie
 2.  Reason for the notification

 a)  Position / status                                            General Counsel
 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                                    Grant of nil-cost option over ordinary shares under the LTIP.

 d)  Price(s) and                                                 Price(s)  Volume(s)  Total(s)

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

                                                                  N/A       399,000    Nil
 e)  Date of the transaction                                      9 July 2025
 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

9 July 2025

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.

 

8.

 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                                    Grant of nil-cost option over ordinary shares under the SIP.

 d)  Price(s) and                                                 Price(s)  Volume(s)  Total(s)

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

                                                                  N/A       90,000     Nil
 e)  Date of the transaction                                      9 July 2025
 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

9 July 2025

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                     +44 (0) 20 3059 0855

 Andrew Coombs, CEO

 Chris Bowman, CFO

 FTI Consulting (Financial PR)          +44 (0) 20 3727 1000

 Richard Sunderland

 James McEwan

 Ellie Smith

 SiriusRealEstate@fticonsulting.com

 JSE Sponsor

 PSG Capital

 

 

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