REG - Tritax Big Box REIT - PURCHASE OF ORDINARY SHARES BY PDMRS
07/08/2023 09:30
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RNS Number : 5049I Tritax Big Box REIT plc 07 August 2023
7 August 2023
TRITAX BIG BOX REIT PLC
(the "Company")
purchase of ordinary shares by pdmrs
The Board of the Company announces that in accordance with the terms of the
Investment Management Agreement between the Company and Tritax Management LLP
(the "Manager") dated 4 May 2022, pursuant to which 25 per cent. of the
management fee (net of any applicable tax) is applied to the purchase of
ordinary shares in the Company ("Ordinary Shares"), the Manager has acquired
in the market a total of 1,509,214 Ordinary Shares on behalf of certain
partners and employees of the Manager, including the persons discharging
managerial responsibilities ("PDMRs") and abrdn. The Ordinary Shares were
acquired on 3 August 2023 at £1.4008 per share.
PDMR Position Number of Ordinary Shares Acquired Number of Ordinary Shares held following the Acquisition % of issued share capital following the Acquisition
Colin Godfrey(1) PDMR 99,981 2,800,053 0.1498%
James Dunlop(2) PDMR 99,981 2,737,692 0.1465%
Henry Franklin(3) PDMR 66,666 2,031,369 0.1087%
Bjorn Hobart(4) PDMR 18,711 414,700 0.0222%
Petrina Porter (née Austin) PDMR 18,711 364,820 0.0195%
Frankie Whitehead(5) PDMR 18,711 200,178 0.0107%
abrdn Holdings Limited Member of Manager 1,059,449 4,284,282** 0.2292%
Tritax Management LLP Manager 0 95,275 0.0051%
Staff of Tritax Management LLP(6) Staff of Manager 127,004 982,616** 0.0526%
Total 1,509,214 13,910,985 0.7443
(1 49,991 shares have been acquired by Harriet Godfrey, 49,990 shares have
been acquired by Adam Godfrey (PCAs of Colin Godfrey))
(2 49,991 shares have been acquired by Amelia Dunlop, 49,990 shares have been
acquired by Tom Dunlop (PCAs of James Dunlop))
(3 66,666 shares have been acquired by William Franklin (PCA of Henry
Franklin))
(4 18,711 shares have been acquired by Lianne Hobart (PCA of Bjorn Hobart))
(5 18,711 shares have been acquired by Martine Whitehead (PCA of Frankie
Whitehead).)
(6 Includes staff and other partners of the Manager.)
(**In respect of the staff of Tritax Management LLP and abrdn Holdings Limited
these figures only include Ordinary Shares issued or purchased pursuant to the
management fee arrangements with the respective companies.)
( )
FOR FURTHER INFORMATION, PLEASE CONTACT:
Tritax Group Tel: +44 (0) 20 7290 7522
Hana Beard (Company Secretary)
Ian Brown (Head of Corporate Strategy & Investor Relations)
Kekst CNC (Communications Adviser) Tel: +44 (0) 7971 578 507
Neil Maitland/Tom Climie tritax@kekstcnc.com
The Company's LEI is: 213800L6X88MIYPVR714
NOTES:
Tritax Big Box REIT plc (ticker: BBOX) is the only listed vehicle dedicated to
investing in very large logistics warehouse assets (Big Boxes) in the UK and
is committed to delivering attractive and sustainable returns for
Shareholders. Investing in and actively managing existing built investments,
land suitable for Big Box development and developments predominantly delivered
through pre-let forward funded basis, the Company focuses on large,
well-located, modern Big Box logistics assets, let to institutional-grade
tenants on long-term leases (typically at least 12 years in length) with
upward-only rent reviews and geographic and tenant diversification throughout
the UK. The Company seeks to exploit the significant opportunity in this
sub-sector of the UK logistics market owing to strong tenant demand and
limited supply of Big Boxes.
The Company is a real estate investment trust to which Part 12 of
the UK Corporation Tax Act 2010 applies (REIT), is listed on the premium
segment of the Official List of the UK Financial Conduct Authority and is a
constituent of the FTSE 250, FTSE EPRA/NAREIT and MSCI indices.
Further information on Tritax Big Box REIT is available
at www.tritaxbigbox.co.uk (http://www.tritaxbigbox.co.uk/)
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
596/2014
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Harriet Godfrey
2 Reason for the notification
a) Position/status PCA of PDMR (Colin Godfrey)
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Tritax Big Box REIT plc
b) LEI 213800L6X88MIYPVR714
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 1p each
Identification code ISIN: GB00BG49KP99
b) Nature of the transaction Purchase of Ordinary Shares
c) Price(s) and volume(s)
Price(s) - GBP Volume(s)
£1.4008 49,991
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 3 August 2023
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Adam Godfrey
2 Reason for the notification
a) Position/status PCA of PDMR (Colin Godfrey)
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Tritax Big Box REIT plc
b) LEI 213800L6X88MIYPVR714
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 1p each
Identification code ISIN: GB00BG49KP99
b) Nature of the transaction Purchase of Ordinary Shares
c) Price(s) and volume(s)
Price(s) - GBP Volume(s)
£1.4008 49,990
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 3 August 2023
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Amelia Dunlop
2 Reason for the notification
a) Position/status PCA of PDMR (James Dunlop)
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Tritax Big Box REIT plc
b) LEI 213800L6X88MIYPVR714
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 1p each
Identification code ISIN: GB00BG49KP99
b) Nature of the transaction Purchase of Ordinary Shares
c) Price(s) and volume(s)
Price(s) - GBP Volume(s)
£1.4008 49,991
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 3 August 2023
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Tom Dunlop
2 Reason for the notification
a) Position/status PCA of PDMR (James Dunlop)
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Tritax Big Box REIT plc
b) LEI 213800L6X88MIYPVR714
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 1p each
Identification code ISIN: GB00BG49KP99
b) Nature of the transaction Purchase of Ordinary Shares
c) Price(s) and volume(s)
Price(s) - GBP Volume(s)
£1.4008 49,990
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 3 August 2023
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name William Franklin
2 Reason for the notification
a) Position/status PCA of PDMR (Henry Franklin)
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Tritax Big Box REIT plc
b) LEI 213800L6X88MIYPVR714
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 1p each
Identification code ISIN: GB00BG49KP99
b) Nature of the transaction Purchase of ordinary shares
c) Price(s) and volume(s)
Price(s) - GBP Volume(s)
£1.4008 66,666
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 3 August 2023
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Lianne Hobart
2 Reason for the notification
a) Position/status PCA of PDMR (Bjorn Hobart)
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Tritax Big Box REIT plc
b) LEI 213800L6X88MIYPVR714
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 1p each
Identification code ISIN: GB00BG49KP99
b) Nature of the transaction Purchase of ordinary shares
c) Price(s) and volume(s)
Price(s) - GBP Volume(s)
£1.4008 18,711
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 3 August 2023
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Petrina Porter (née Austin)
2 Reason for the notification
a) Position/status PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Tritax Big Box REIT plc
b) LEI 213800L6X88MIYPVR714
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 1p each
Identification code ISIN: GB00BG49KP99
b) Nature of the transaction Purchase of ordinary shares
c) Price(s) and volume(s)
Price(s) - GBP Volume(s)
£1.4008 18,711
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 3 August 2023
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Martine Whitehead
2 Reason for the notification
a) Position/status PCA of PDMR (Frankie Whitehead)
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Tritax Big Box REIT plc
b) LEI 213800L6X88MIYPVR714
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 1p each
Identification code ISIN: GB00BG49KP99
b) Nature of the transaction Purchase of ordinary shares
c) Price(s) and volume(s)
Price(s) - GBP Volume(s)
£1.4008 18,711
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 3 August 2023
f) Place of the transaction London Stock Exchange (XLON)
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