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RDI REIT PLC - PDMR Share Dealing

Release Date: 02/12/2019 12:00
Code(s): RPL     PDF:  
Wrap Text
PDMR Share Dealing

RDI REIT P.L.C.
(“RDI” or the “Company”)
(Incorporated in the Isle of Man)
(Registered number 010534V)
LSE share code: RDI
JSE share code: RPL
ISIN: IM00BH3JLY32
LEI: 2138006NHZUMMRYQ1745


PDMR SHARE DEALING


Further to the announcement on 29 November 2019, regarding the vesting of deferred bonus share awards to
the executive directors under the Company’s STIP, each of the participants has today been issued with the shares
shown below.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and
persons closely associated with them

1     Details of the person discharging managerial responsibilities / person closely associated
a)    Name                           Mike Watters
2     Reason for the notification
a)    Position/status                CEO
b)    Initial notification           Initial
      /Amendment
3     Details of the issuer, emission allowance market participant, auction platform, auctioneer or
      auction monitor
a)    Name                           RDI REIT P.L.C.
b)    LEI                            2138006NHZUMMRYQ1745
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 Shares
      instrument, type of
      instrument
      Identification code            2138006NHZUMMRYQ1745
b)    Nature of the transaction      Vesting of deferred bonus awards
c)    Price(s) and volume(s)         Price(s)                 Volume(s)
                                     127.40 pence             95,258
d)    Aggregated information
      - Aggregated volume            95,258
      - Price                        £121,358.69
e)    Date of the transaction        2019-12-02
f)    Place of the transaction       Off market transaction

1  Details of the person discharging managerial responsibilities / person closely associated
a) Name                              Stephen Oakenfull
2  Reason for the notification
a) Position/status                   Deputy CEO
b) Initial notification              Initial
   /Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or
   auction monitor
a) Name                              RDI REIT P.L.C.
b) LEI                               2138006NHZUMMRYQ1745
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      Shares
   instrument, type of
   instrument

   Identification code               2138006NHZUMMRYQ1745
b) Nature of the transaction         Vesting of deferred bonus awards
c) Price(s) and volume(s)            Price(s)                 Volume(s)
                                     127.40 pence             37,264
d) Aggregated information
   - Aggregated volume               37,264
   - Price                           £47,474.34
e) Date of the transaction           2019-12-02
f) Place of the transaction          Off market transaction

1  Details of the person discharging managerial responsibilities / person closely associated
a) Name                              Adrian Horsburgh
2  Reason for the notification
a) Position/status                   Property Director
b) Initial notification              Initial
   /Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or
   auction monitor
a) Name                              RDI REIT P.L.C.
b) LEI                               2138006NHZUMMRYQ1745
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      Shares
   instrument, type of
   instrument

   Identification code               2138006NHZUMMRYQ1745
b) Nature of the transaction         Vesting of deferred bonus awards
c) Price(s) and volume(s)            Price(s)                 Volume(s)
                                     127.40 pence             61,662
d) Aggregated information
   - Aggregated volume               61,662
   - Price                           £78,557.39
e) Date of the transaction           2019-12-02
f) Place of the transaction          Off market transaction

1  Details of the person discharging managerial responsibilities / person closely associated
a) Name                              Donald Grant
2  Reason for the notification
a) Position/status                   CFO
b) Initial notification              Initial
   /Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or
   auction monitor
a) Name                              RDI REIT P.L.C.
b) LEI                               2138006NHZUMMRYQ1745
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      Shares
   instrument, type of
   instrument
   Identification code               2138006NHZUMMRYQ1745
b) Nature of the transaction         Vesting of deferred bonus awards
c) Price(s) and volume(s)            Price(s)                 Volume(s)
                                     127.40 pence             31,516
d) Aggregated information
   - Aggregated volume               31,516
   - Price                           £40,151.38
e) Date of the transaction           2019-12-02
f) Place of the transaction          Off market transaction

For further information:

RDI REIT P.L.C.
Mike Watters, Stephen Oakenfull                       Tel: +44 (0) 20 7811 0100

FTI Consulting
UK Public Relations Adviser
Dido Laurimore, Claire Turvey, Ellie Sweeney          Tel: +44 (0) 20 3727 1000

Instinctif Partners
SA Public Relations Adviser
Frederic Cornet                                       Tel: +27 (0) 11 447 3030

JSE Sponsor
Java Capital                                          Tel: + 27 (0) 11 722 3050

2 December 2019

Note to editors:

About RDI

RDI is an income focused UK-REIT with a diversified portfolio invested principally in the UK. The
investment approach is driven by an in depth understanding of occupational demand including the impact of
technology, transport and infrastructure investment. The portfolio has been repositioned in recent years to
increase its weighting to London and the South East and to provide greater exposure to our leading hotel and
serviced office operating platforms.

RDI is committed to delivering attractive income led total returns across the real estate cycle. The current
strategic objectives of a lower leverage capital structure and more focused allocation of capital are targeted at
delivering an industry leading and sustainable income return.

RDI is a UK Real Estate Investment Trust (UK-REIT) and holds a primary listing on the London Stock
Exchange and a secondary listing on the JSE. The Company is included within the EPRA, GPR, JSE All
Property and JSE Tradeable Property indices.

For more information on RDI, please refer to the Company's website www.rdireit.com

Date: 02-12-2019 12:00:00
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