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Notification And Public Disclosure Of Transactions By PDMR
SIRIUS REAL ESTATE LIMITED
(Incorporated in Guernsey)
Company Number: 46442
Share Code: SRE
ISIN Code: ISIN GG00B1W3VF54
4 July 2018
Sirius Real Estate Limited
(“Sirius Real Estate”, “Sirius” or 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 announces that on Monday 2 July 2018, awards granted on 9 October 2015
under the Sirius Real Estate Limited Long Term Incentive Plan 2015 (the “2015 LTIP”) vested
in respect of a total of 23,094,000 ordinary shares of no par value in the Company.
Part of the award held by Andrew Coombs takes the form of a “nil-cost option” in respect of
4,000,000 vested shares which can be acquired at any time up to 2 July 2019 (or such later
date as the Remuneration Committee determines up to 2 July 2020), leaving a balance of
4,400,000 shares to be taken as detailed below.
19,094,000 shares are now due to be delivered to satisfy the awards, of which 4,290,000
shares have been withheld in partial settlement of certain participants’ tax liabilities arising
in respect of the vesting. Accordingly, 14,804,000 ordinary shares will be issued to qualifying
participants. The following shares have been acquired by PDMRs of the Company.
Director/PDMR Number of shares Number of shares Number of shares
due to be delivered withheld in partial acquired
under the LTIP settlement of the
award participant’s tax
liability
Andrew Coombs 4,400,000 940,000 3,460,000
Alistair Marks 8,400,000 2,000,000 6,400,000
Rudiger Swoboda 1,344,000 0 1,344,000
Following the issue of the new ordinary shares, the total number of voting rights in the
Company will be 1,006,133,614, the number of shares in treasury will be 574,892 and the
total number of ordinary shares in issue (including those in treasury) will be 1,006,708,506.
Application will be made for the new ordinary shares to be admitted to trading on the main
market of London Stock Exchange Plc ("LSE"), to be admitted to listing on the premium
segment of the Official List of the UK Listing Authority and to a primary listing on the Main
Board of the Johannesburg Stock Exchange ("JSE"). It is expected that admission of the new
ordinary shares will take place at commencement of trade on both the LSE at 8am (BST) and
on the JSE at 9am (SAST), on Monday 9 July 2018 or as soon as possible thereafter.
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)
Acquisition of shares under the 2015 Sirius Real
Nature of the transaction
Estate Limited Long-Term Incentive Plan.
d)
Price(s) and Price(s) Volume(s) Total(s)
volume(s) N/A 3,460,000 0.00
e) Date of the transaction 2 July 2018
f) Place of the transaction Outside a trading venue (off market)
g) Nature and extent of Direct, beneficial
interest in the transaction
h) Clearance to deal in these securities was obtained in accordance with Rule 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)
Acquisition of shares under the 2015 Sirius Real
Nature of the transaction
Estate Limited Long-Term Incentive Plan.
d)
Price(s) and Price(s) Volume(s) Total(s)
volume(s) n/a 6,400,000 0.00
e) Date of the transaction 2 July 2018
f) Place of the transaction Outside a trading venue (off market)
g) Nature and extent of Direct, beneficial
interest in the transaction
h) Clearance to deal in these securities was obtained in accordance with Rule 3.66 of
the Listings Requirements of the JSE Limited.
1. Details of PDMR / person closely associated with them (“PCA”)
a) Name Rudiger Swoboda
2. Reason for the notification
a) Position / status Managing 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)
Acquisition of shares under the 2015 Sirius Real
Nature of the transaction
Estate Limited Long-Term Incentive Plan.
d)
Price(s) and Price(s) Volume(s) Total(s)
volume(s) n/a 1,344,000 0.00
e) Date of the transaction 2 July 2018
f) Place of the transaction Outside a trading venue (off market)
g) Nature and extent of Direct, beneficial
interest in the transaction
[h) Clearance to deal in these securities was obtained in accordance with Rule 3.66 of
the Listings Requirements of the JSE Limited.
JSE Sponsor
PSG Capital
Enquiries
For further information, please contact:
Sirius Real Estate +49 (0)30 285010110
Andrew Coombs, CEO
Alistair Marks, CFO
Tavistock +44 (0)20 7920 3150
Jeremy Carey
James Verstringhe
Kirsty Allan
Date: 04/07/2018 04:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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