Sirius Real Estate - Director/PDMR Shareholding

Sirius Real Estate

09/07/2025 16:00

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
volume(s)
Price(s)
(p/GBP)
Volume(s)
Total(s)
(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.

 

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
volume(s)
Price(s)
(p/GBP)
Volume(s)
Total(s)
(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.

 

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
volume(s)
Price(s)
(p/GBP)
Volume(s)
Total(s)
(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.

 

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
volume(s)
Price(s)
(p/GBP)
Volume(s)
Total(s)
(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.

 

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
volume(s)
Price(s)
(p/GBP)
Volume(s)
Total(s)
(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.

 

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
volume(s)
Price(s)
(p/GBP)
Volume(s)
Total(s)
(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.

 

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
volume(s)
Price(s)
(p/GBP)
Volume(s)
Total(s)
(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.

 

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
volume(s)
Price(s)
(p/GBP)
Volume(s)
Total(s)
(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.

 

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
Ellie Smith
SiriusRealEstate@fticonsulting.com
+44 (0) 20 3727 1000
JSE Sponsor
PSG Capital


 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 
  END

 

 
DSHXKLFBEDLBBBE