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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