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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