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SIRIUS REAL ESTATE LIMITED - Notification And Public Disclosure Of Transactions By PDMR

Release Date: 14/06/2019 16:10
Code(s): SRE     PDF:  
Wrap Text
Notification And Public Disclosure Of Transactions By PDMR

SIRIUS REAL ESTATE LIMITED
(Incorporated in Guernsey)
Company Number: 46442
JSE Share Code: SRE
LSE (EUR) Share Code: ESRE
LSE (GBP) Share Code: SRE
ISIN Code: ISIN GG00B1W3VF54

14 June 2019

                                Sirius Real Estate Limited

                                    (the “Company”)

      NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PDMR

Notification and public disclosure of transactions by PDMRs and persons closely
associated with them.

The Company confirms that on 14 June 2019 it granted the “2019 Awards” under the Sirius
Real Estate Long Term Incentive Plan 2018 (the “LTIP”), including awards granted to its
Executive Directors and other Person Discharging Managerial Responsibilities.

Each award granted to the Executive Directors and other Person Discharging Managerial
Responsibilities has been granted in the form of a Nil-Cost Option and consists of an
“Ordinary Award” and an “Outperformance Award” as described in the circular relating
to the General Meeting.

Director/PDMR                 Number of shares             Number of shares
                              subject to Ordinary          subject to
                              Award                        Outperformance Award

Andrew Coombs                 1,200,000                    300,000

Alistair Marks                1,200,000                    300,000

Rüdiger Swoboda               360,000                      90,000

Each award is subject to a performance condition assessed over the four financial years of
the Company starting with the financial year ending 31 March 2019. Subject to the rules of
the LTIP and to the satisfaction of the performance condition, the awards will vest following
the assessment of the performance condition but will not be “released” until the end of a
further two year holding period.

1.   Details of PDMR / person closely associated with them (“PCA”)
a)   Name                           Andrew Coombs

2.   Reason for the notification
a)   Position / status              Chief Executive Officer
b)   Initial notification /         Initial notification
     amendment

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            Ordinary shares of no par value.
     instrument
b)   Identification code            GB00B1W3VF54
c)                                  Grant of nil-cost option over ordinary shares under
                                    the Sirius Real Estate 2018 Long Term Incentive
                                    Plan.
     Nature of the transaction
                                    Mr. Coombs currently has a beneficial interest in
                                    8,888,349 shares, representing 0.87% of the
                                    issued share capital.
d)
                                    Price(s)          Volume(s)
     Price(s) and
                                    N/A               1,200,000 (Ordinary Award)
     volume(s)
                                    N/A               300,000 (Outperformance Award)
e)
                                    Price(s)          Volume(s)         Total(s)
                                    (p/GBP)                             (p/GBP)
     Price(s) and

                                    n/a               1,200,000         Nil
     volume(s)
                                    n/a               300,000           Nil
f)   Date of the transaction        14 June 2019
g)   Place of the transaction       Outside a trading venue (off market)
h)   Nature and extent of           Direct, beneficial
     interest in the transaction
i)   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 / person closely associated with them (“PCA”)
a)   Name                           Alistair Marks

2.   Reason for the notification
a)   Position / status              Chief Financial Officer
b)   Initial notification /         Initial notification
     amendment

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            Ordinary shares of no par value.
     instrument
b)   Identification code            GB00B1W3VF54
c)                                  Grant of nil-cost option over ordinary shares under
                                    the Sirius Real Estate 2018 Long Term Incentive
                                    Plan.
     Nature of the transaction
                                    Mr. Marks currently has a beneficial interest in
                                    7,070,828 shares, representing 0.69% of the
                                    issued share capital.
d)
                                    Price(s)            Volume(s)
     Price(s) and
                                    N/A                 1,200,000 (Ordinary Award)
     volume(s)
                                    N/A                 300,000 (Outperformance Award)
e)
                                    Price(s)            Volume(s)     Total(s)
                                    (p/GBP)                           (p/GBP)
     Price(s) and

                                    n/a                 1,200,000     Nil
     volume(s)

                                    n/a                 300,000       Nil
f)   Date of the transaction        14 June 2019
g)   Place of the transaction       Outside a trading venue (off market)
h)   Nature and extent of           Direct, beneficial
     interest in the transaction
i)   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 / person closely associated with them (“PCA”)
a)   Name                           Rüdiger Swoboda

2.   Reason for the notification
a)   Position / status              Group Sales Director
b)   Initial notification /         Initial notification
     amendment

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            Ordinary shares of no par value.
     instrument
b)   Identification code            GB00B1W3VF54
c)                                  Grant of nil-cost option over ordinary shares under
                                    the Sirius Real Estate 2018 Long Term Incentive
                                    Plan.
     Nature of the transaction
                                    Mr. Swoboda currently has a beneficial interest in
                                    1,139,346 shares representing 0.11% of the issued
                                    share capital.
d)
                                    Price(s)          Volume(s)
     Price(s) and
                                    N/A               360,000 (Ordinary Award)
     volume(s)
                                    N/A               90,000 (Outperformance Award)
e)
                                    Price(s)          Volume(s)        Total(s)
                                    (p/GBP)                            (p/GBP)
      Price(s) and

                                    n/a               360,000          Nil
      volume(s)

                                    n/a               90,000           Nil
f)    Date of the transaction       14 June 2019
g)    Place of the transaction      Outside a trading venue (off market)
h)    Nature and extent of          Direct, beneficial
      interest in the transaction
i)    Clearance to deal in these securities was obtained in accordance with paragraph 3.66
      of the Listings Requirements of the JSE Limited.

Enquiries
For further information:          +49 (0)30 285010110

Sirius Real Estate
Andrew Coombs, CEO
Alistair Marks, CFO
                                   +44 (0)20 7920 3150
Tavistock
Jeremy Carey
James Verstringhe
Charlotte Dale

LEI: 213800NURUF5W8QSK566

JSE Sponsor
PSG Capital

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