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RDI REIT PLC - PDMR share dealing

Release Date: 29/04/2021 09:10
Code(s): RPL     PDF:  
Wrap Text
PDMR share dealing

RDI REIT P.L.C.
(Incorporated in the Isle of Man)
(Registered number 010534V)
LSE share code: RDI
JSE share code: RPL
LEI: 2138006NHZUMMRYQ1745
ISIN: IM00BH3JLY32
(“RDI” or the “Company”)


PDMR SHARE DEALING


Further to the announcement on 28 April 2021, regarding the vesting of certain share awards to the executive
Directors and Persons Discharging Managerial Responsibility (“PDMR”) under the Company’s LTIP and STIP, each
of the participants has today been issued with the shares shown below.

1    Details of the person discharging managerial responsibilities / person closely associated
a)   Name                            Stephen Oakenfull

2    Reason for the notification
a)   Position/status                 CEO

b)   Initial notification            Initial
     /Amendment

3    Details of the issuer, emission allowance market participant, auction platform, auctioneer or
     auction monitor
a)   Name                            RDI REIT P.L.C.

b)   LEI                             2138006NHZUMMRYQ1745

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    Shares
     instrument, type of
     instrument

     Identification code             2138006NHZUMMRYQ1745

b)   Nature of the transaction       Vesting of LTIPs and deferred bonus awards

c)   Price(s) and volume(s)          Price(s)        121.35 pence
                                     Volume(s)       204,149

d)   Aggregated information
     - Aggregated volume             204,149
     - Price                         £247,734.81

e)   Date of the transaction         29-04-2021

f)   Place of the transaction        Off market transaction

1    Details of the person discharging managerial responsibilities / person closely associated
a)   Name                            Donald Grant

2    Reason for the notification

a)   Position/status                 CFO

b)   Initial notification            Initial
     /Amendment

3    Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
     monitor

a)   Name                            RDI REIT P.L.C.

b)   LEI                             2138006NHZUMMRYQ1745

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    Shares
     instrument, type of instrument

     Identification code
                                     2138006NHZUMMRYQ1745

b)   Nature of the transaction       Vesting of LTIPs and deferred bonus awards

c)   Price(s) and volume(s)          Price(s)121.35 pence
                                     Volume(s)      168,899

d)   Aggregated information
     - Aggregated volume             168,899
     - Price                         £204,958.94

e)   Date of the transaction         29-04-2021

f)   Place of the transaction        Off market transaction

1    Details of the person discharging managerial responsibilities / person closely associated
a)   Name                            Adrian Horsburgh

2    Reason for the notification
a)   Position/status                 Property Director

b)   Initial notification /Amendment Initial

3    Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
     monitor
a)   Name                            RDI REIT P.L.C.

b)   LEI                             2138006NHZUMMRYQ1745

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    Shares
     instrument

     Identification code             2138006NHZUMMRYQ1745

b)   Nature of the transaction       Vesting of LTIPs and deferred bonus awards

c)   Price(s) and volume(s)          Price(s)121.35 pence
                                     Volume(s)      184,923
d)   Aggregated information
     - Aggregated volume             184,923
     - Price                         £224,404.06

e)   Date of the transaction         29-04-2021

f)   Place of the transaction        Off market transaction


For further information:

RDI REIT P.L.C.
Stephen Oakenfull, Donald Grant                             Tel: +44 (0) 20 7811 0100
FTI Consulting

UK Public Relations Adviser
Dido Laurimore, Claire Turvey                               Tel: +44 (0) 20 3727 1000

Instinctif Partners
SA Public Relations Adviser
Frederic Cornet                                             Tel: +27 (0) 11 447 3030

JSE Sponsor
Java Capital                                                Tel: + 27 (0) 11 722 3050

29 April 2021

Note to editors:

About RDI

RDI is an income focused UK Real Estate Investment Trust (UK-REIT) with a diversified portfolio invested
principally in the UK. The investment approach is driven by an in depth understanding of occupational demand
including the impact of technology, transport and infrastructure investment. The portfolio has been repositioned in
recent years to increase its weighting to London and the South East and to provide greater exposure to our leading
hotel and serviced office operating platforms.

RDI is committed to delivering attractive income led total returns across the real estate cycle. The current strategic
objectives of a lower leverage capital structure and more focused allocation of capital are targeted at delivering an
industry leading and sustainable income return.

RDI holds a primary listing on the London Stock Exchange and a secondary listing on the JSE. The Company is
included within the EPRA, GPR, JSE All Property and JSE Tradeable Property indices.
For more information on RDI, please refer to the Company's website www.rdireit.com

Date: 29-04-2021 09:10:00
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