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SIRIUS REAL ESTATE LIMITED - Notification Of Transactions By Persons Discharging Managerial Responsibilities

Release Date: 27/01/2021 17:30
Code(s): SRE     PDF:  
Wrap Text
Notification Of Transactions By Persons Discharging Managerial Responsibilities

SIRIUS REAL ESTATE LIMITED
(Incorporated in Guernsey)
Company Number: 46442
JSE Share Code: SRE
LSE (GBP) Share Code: SRE
LSE (EUR) Share Code: ESRE
LEI: 213800NURUF5W8QSK566
ISIN Code: GG00B1W3VF54

27 January 2021

                                        Sirius Real Estate Limited

                             ("Sirius Real Estate", "Sirius" or the "Company")

Notification of transactions by Persons Discharging Managerial Responsibilities ("PDMRs")

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

                                    Notification of dealing forms
1    Details of the person discharging managerial responsibilities / person closely associated

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, emission allowance market participant, auction platform, auctioneer or auction
     monitor

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
     Identification code                                         GG00B1W3VF54

b)   Nature of the transactions                                       1.   Purchase of shares.
                                                                      Following this transaction, Mr Coombs holds
                                                                      a beneficial interest in 8,897,714 Shares,
                                                                      representing 0.84 of the Company’s issued
                                                                      share capital.
                                                                      2.    Encumbrance of shares.
                                                                      Encumbrance of ordinary shares of the
                                                                      Company (for an indefinite period) to create a
                                                                      rolling credit facility of up to £1.0m for
                                                                      private purposes.

c)   Price(s) and volume(s)                                     Price(s)         Volume(s)          Total(s) (GBP)
         1. Purchase
                                                                £0.90100         3,000,000          £2,703,014.41

d)   1. Highest price, lowest price and volume weighted         High             Low                VWAP
     average price
                                                                £0.95            £0.89675           £0.90100

e)   Deemed Price, volume and deemed value                      Deemed           Volume             Deemed Value
        2. Encumbrance                                          Price                               (GBP)
                                                                £0.92800         3,000,000          £2,784,000

f)   Dates of the transactions                                       1.    26/7 January 2021
                                                                     2.    27 January 2021
g)   Places of the transactions                                      1.    London Stock Exchange (XLON); Main
                                                                           Market
                                                                     2.    Outside a trading venue (off-market)
h)   Nature and extent of                                            1.    Direct, beneficial
     interest in the transactions                                    2.    Direct, beneficial

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 the person discharging managerial responsibilities / person closely associated

a)    Name                                            Alistair Marks

2     Reason for the notification

a)    Position/status                                 Chief Financial Officer

b)    Initial notification /Amendment                 Initial notification

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

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
                                                       Ordinary shares of no par value
      of instrument
      Identification code                              GG00B1W3VF54

b)    Nature of the transaction                        Sale of shares.
                                                       Following this transaction, Mr Marks holds a beneficial
                                                       interest in 6,659,078 Shares, representing 0.63% of the
                                                       Company’s issued share capital.

c)    Price(s) and volume(s)                           Price(s)           Volume(s)             Total(s) (GBP)

                                                       £0.92900           100,000               £92,900

d)    Aggregated information                           Aggregated         Aggregated            Aggregated total(s)
                                                       price              volume                (GBP)
                                                       N/A                N/A                   N/A

e)    Date of the transaction                          26 January 2021

f)    Place of the transaction                         London Stock Exchange (XLON); Main Market

g)    Nature and extent of                             Direct, beneficial
      interest in the transaction

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                                             +49 (0)30 285 010 110
Andrew Coombs, CEO
Alistair Marks, CFO

FTI Consulting (Financial PR)                                  +44 (0)20 3727 1000

Richard Sunderland
Claire Turvey
Talia Jessener

SiriusRealEstate@fticonsulting.com

JSE Sponsor
PSG Capital

Date: 27-01-2021 05:30:00
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