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

Release Date: 15/06/2020 17:00
Code(s): SRE     PDF:  
Wrap Text
Notification And Public Disclosure Of Transactions By PDMRs

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

15 June 2020

                                Sirius Real Estate Limited

                                     (the “Company”)

               NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PDMRs

The Company confirms that on 15 June 2020 it granted the “2020 Awards” under the Sirius
Real Estate Long Term Incentive Plan 2018 (the “LTIP”), including awards granted to its
Executive Directors and another Person Discharging Managerial Responsibilities
(the “PDMRs”).

Each award granted to the PDMRs has been granted in the form of a Nil-Cost Option and
consists of “Ordinary Awards” as described in the circular relating to the General Meeting
held on 5 December 2018.

Director/PDMR                 Number of shares subject to Ordinary Award
Andrew Coombs                 1,000,000
Alistair Marks                1,000,000
Rüdiger Swoboda               350,000

Each award is subject to a performance condition assessed over the five financial years of
the Company, with the first year of the period being the 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
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
                                    9,282,406 shares, representing 0.89% of the
                                    issued share capital.
d)
     Price(s) and                   Price(s)     Volume(s)
     volume(s)                      N/A          1,000,000 (Ordinary Award)
e)
                                    Price(s)     Volume(s)        Total(s)
     Price(s) and
                                    (p/GBP)                       (p/GBP)
     volume(s)
                                    n/a          1,000,000        Nil
f)   Date of the transaction        15 June 2020
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
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
                                    7,159,078 shares, representing 0.69% of the
                                    issued share capital.
d)
     Price(s) and                   Price(s)    Volume(s)
     volume(s)                      N/A         1,000,000 (Ordinary Award)
e)
                                    Price(s)    Volume(s)        Total(s)
     Price(s) and
                                    (p/GBP)                      (p/GBP)
     volume(s)
                                    n/a         1,000,000        Nil
f)   Date of the transaction        15 June 2020
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
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
                                    1,109,314 shares representing 0.11% of the issued
                                    share capital.
d)
     Price(s) and                   Price(s)    Volume(s)
     volume(s)                      N/A         350,000 (Ordinary Award)
e)
                                    Price(s)    Volume(s)     Total(s)
     Price(s) and
                                    (p/GBP)                   (p/GBP)
     volume(s)
                                    n/a         350,000       Nil
f)   Date of the transaction        15 June 2020
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
siriusrealestate@tavistock.co.uk

LEI: 213800NURUF5W8QSK566

JSE Sponsor
PSG Capital

Date: 15-06-2020 05:00:00
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