REG - Tritax Big Box REIT - PURCHASE OF ORDINARY SHARES BY PDMRS
08/08/2024 12:15
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RNS Number : 7659Z Tritax Big Box REIT plc 08 August 2024
8 August 2024
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 1,407,286 Ordinary Shares on behalf of certain
partners and employees of the Manager, including the persons discharging
managerial responsibilities ("PDMRs") and abrdn Holdings Limited, in its
capacity as member of the Manager. The Ordinary Shares were acquired on 7
August 2024 at £1.6078 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 PDMR 96,296 3,059,133 0.1233
James Dunlop PDMR 96,296 2,996,772 0.1208
Henry Franklin PDMR 64,209 2,223,975 0.0896
Bjorn Hobart(1) PDMR 18,021 456,752 0.0184
Petrina Porter (née Austin) PDMR 18,021 402,154 0.0162
Frankie Whitehead(2) PDMR 18,021 237,512 0.0095
abrdn Holdings Limited Member of Manager 1,020,058 6,397,532** 0.2578
Tritax Management LLP Manager 0 95,275 0.0038
Staff of Tritax Management LLP(3) Staff of Manager 76,364 1,132,670** 0.0456
Total 1,407,286 17,001,775 0.6853
1 18,021 Shares have been acquired by Lianne Hobart (PCA of Bjorn Hobart)
2 18,021 Shares have been acquired by Martine Whitehead (PCA of Frankie
Whitehead)
3 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 and not, in the case
of abrdn Holdings Limited, holdings of abrdn plc and its affiliates.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Tritax Group Tel: +44 (0) 20 7290 7522
Hana Beard (Company Secretary)
Kekst CNC (Communications Adviser) Tel: +44 (0) 7971 578 507
Guy Bates/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 Colin Godfrey
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)
1.6078 96,296
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 07/08/2024
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name James Dunlop
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)
1.6078 96,296
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 07/08/2024
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Henry Franklin
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)
1.6078 64,209
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 07/08/2024
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)
1.6078 18,021
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 07/08/2024
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)
1.6078 18,021
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 07/08/2024
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)
1.6078 18,021
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 07/08/2024
f) Place of the transaction London Stock Exchange (XLON)
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