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

Release Date: 15/01/2019 17:15
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: SRE
LSE (GBP) Share Code: ESRE
ISIN Code: ISIN GG00B1W3VF54



15 January 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.

Following the approval by the Company’s shareholders of the Sirius Real Estate Long Term
Incentive Plan 2018 (the ”LTIP”) at the General Meeting on 5 December, the Company
confirms that on 15 January 2019 it granted the “2018 Awards” under 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              400,000                      100,000


Each award is subject to a performance condition assessed over the three financial years of
the Company ending on 30 March 2021. 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
                                       9,850,368 shares, representing 0.97% 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 January 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 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)                                  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
                                     7,028,568 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 January 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 Rule 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              Managing Director Sirius Facilities GmbH
 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                400,000 (Ordinary Award)
        volume(s)
                                        N/A                100,000 (Outperformance Award)



  e)
                                        Price(s)           Volume(s)        Total(s)
                                        (p/GBP)                             (p/GBP)
        Price(s) and

                                              n/a              400,000                 Nil
        volume(s)

                                              n/a              100,000                 Nil



  f)    Date of the transaction       14 January 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 Rule 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
 Kirsty Allan

LEI: 213800NURUF5W8QSK566

JSE Sponsor
PSG Capital

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