8 August 2024
TRITAX BIG BOX REIT
PLC
(the
"Company")
PURCHASE OF ORDINARY SHARES BY
PDMRS
The Board of the Company announces
that in accordance with the terms of the Investment Management
Agreement between the Company and Tritax Management LLP (the
"Manager") dated 4 May
2022, pursuant to which 25 per cent. of the management fee (net of
any applicable tax) is applied to the purchase of ordinary shares
in the Company ("Ordinary
Shares"), the Manager has acquired in the market a total of
1,407,286 Ordinary Shares on behalf of certain partners and
employees of the Manager, including the persons discharging
managerial responsibilities ("PDMRs") and abrdn Holdings Limited, in
its capacity as member of the Manager. The Ordinary Shares were
acquired on 7 August 2024 at £1.6078 per share.
|
PDMR
|
Position
|
Number of
Ordinary Shares
acquired
|
Number of Ordinary Shares
held following the acquisition
|
% of issued share capital
following the acquisition
|
|
Colin
Godfrey
|
PDMR
|
96,296
|
3,059,133
|
0.1233
|
|
James
Dunlop
|
PDMR
|
96,296
|
2,996,772
|
0.1208
|
|
Henry
Franklin
|
PDMR
|
64,209
|
2,223,975
|
0.0896
|
|
Bjorn
Hobart1
|
PDMR
|
18,021
|
456,752
|
0.0184
|
|
Petrina
Porter (née Austin)
|
PDMR
|
18,021
|
402,154
|
0.0162
|
|
Frankie
Whitehead2
|
PDMR
|
18,021
|
237,512
|
0.0095
|
|
abrdn
Holdings Limited
|
Member of
Manager
|
1,020,058
|
6,397,532**
|
0.2578
|
|
Tritax
Management LLP
|
Manager
|
0
|
95,275
|
0.0038
|
|
Staff of
Tritax Management LLP3
|
Staff of
Manager
|
76,364
|
1,132,670**
|
0.0456
|
|
Total
|
|
1,407,286
|
17,001,775
|
0.6853
|
1 18,021 Shares have been acquired by
Lianne Hobart (PCA of Bjorn Hobart)
2 18,021 Shares have been acquired by
Martine Whitehead (PCA of Frankie Whitehead)
3 Includes staff and other partners
of the Manager
**In respect of the staff of Tritax
Management LLP and abrdn Holdings Limited these figures only
include Ordinary Shares issued or purchased pursuant to the
management fee arrangements with the respective companies and not,
in the case of abrdn Holdings Limited, holdings of abrdn plc and
its affiliates.
FOR
FURTHER INFORMATION, PLEASE CONTACT:
|
Tritax Group
Hana Beard (Company
Secretary)
|
Tel: +44 (0) 20 7290 7522
|
|
Kekst CNC (Communications Adviser)
Guy Bates/Tom Climie
|
Tel: +44 (0) 7971 578 507
tritax@kekstcnc.com
|
|
|
The Company's LEI is:
213800L6X88MIYPVR714
NOTES:
Tritax Big Box REIT plc (ticker:
BBOX) is the only listed vehicle dedicated to investing in very
large logistics warehouse assets (Big Boxes) in the UK and is
committed to delivering attractive and sustainable returns for
Shareholders. Investing in and actively managing existing built
investments, land suitable for Big Box development and developments
predominantly delivered through pre-let forward funded basis, the
Company focuses on large, well-located, modern Big Box logistics
assets, let to institutional-grade tenants on long-term leases
(typically at least 12 years in length) with upward-only rent
reviews and geographic and tenant diversification throughout
the UK. The Company seeks to exploit the significant
opportunity in this sub-sector of the UK logistics market
owing to strong tenant demand and limited supply of Big
Boxes.
The Company is a real estate
investment trust to which Part 12 of the UK Corporation
Tax Act 2010 applies (REIT), is listed on the premium segment
of the Official List of the UK Financial Conduct
Authority and is a constituent of the FTSE 250, FTSE EPRA/NAREIT
and MSCI indices.
Further information on Tritax Big
Box REIT is available at www.tritaxbigbox.co.uk
Notification of a Transaction
pursuant to Article 19(1) of Regulation (EU) No.
596/2014
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Colin Godfrey
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
PDMR
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Tritax Big Box REIT plc
|
|
b)
|
LEI
|
213800L6X88MIYPVR714
|
|
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 instrument
|
Ordinary Shares of 1p
each
|
|
|
|
|
Identification code
|
ISIN: GB00BG49KP99
|
|
|
|
|
b)
|
Nature of the transaction
|
Purchase of Ordinary
Shares
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
- GBP
|
Volume(s)
|
|
|
|
|
1.6078
|
96,296
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
N/A
|
|
|
|
|
- Aggregated volume
|
|
|
|
|
|
- Price
|
|
|
|
|
|
e)
|
Date of the transaction
|
07/08/2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
James Dunlop
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
PDMR
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Tritax Big Box REIT plc
|
|
b)
|
LEI
|
213800L6X88MIYPVR714
|
|
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 instrument
|
Ordinary Shares of 1p
each
|
|
|
|
|
Identification code
|
ISIN: GB00BG49KP99
|
|
|
|
|
b)
|
Nature of the transaction
|
Purchase of Ordinary
Shares
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
- GBP
|
Volume(s)
|
|
|
|
|
1.6078
|
96,296
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
N/A
|
|
|
|
|
- Aggregated volume
|
|
|
|
|
|
- Price
|
|
|
|
|
|
e)
|
Date of the transaction
|
07/08/2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Henry Franklin
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
PDMR
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Tritax Big Box REIT plc
|
|
b)
|
LEI
|
213800L6X88MIYPVR714
|
|
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 instrument
|
Ordinary Shares of 1p
each
|
|
|
|
|
Identification code
|
ISIN: GB00BG49KP99
|
|
|
|
|
b)
|
Nature of the transaction
|
Purchase of ordinary
shares
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
- GBP
|
Volume(s)
|
|
|
|
|
1.6078
|
64,209
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
N/A
|
|
|
|
|
- Aggregated volume
|
|
|
|
|
|
- Price
|
|
|
|
|
|
e)
|
Date of the transaction
|
07/08/2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Lianne Hobart
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
PCA of PDMR (Bjorn
Hobart)
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Tritax Big Box REIT plc
|
|
b)
|
LEI
|
213800L6X88MIYPVR714
|
|
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 instrument
|
Ordinary Shares of 1p
each
|
|
|
|
|
Identification code
|
ISIN: GB00BG49KP99
|
|
|
|
|
b)
|
Nature of the transaction
|
Purchase of ordinary
shares
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
- GBP
|
Volume(s)
|
|
|
|
|
1.6078
|
18,021
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
N/A
|
|
|
|
|
- Aggregated volume
|
|
|
|
|
|
- Price
|
|
|
|
|
|
e)
|
Date of the transaction
|
07/08/2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Petrina Porter (née
Austin)
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
PDMR
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Tritax Big Box REIT plc
|
|
b)
|
LEI
|
213800L6X88MIYPVR714
|
|
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 instrument
|
Ordinary Shares of 1p
each
|
|
|
|
|
Identification code
|
ISIN: GB00BG49KP99
|
|
|
|
|
b)
|
Nature of the transaction
|
Purchase of ordinary
shares
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
- GBP
|
Volume(s)
|
|
|
|
|
1.6078
|
18,021
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
N/A
|
|
|
|
|
- Aggregated volume
|
|
|
|
|
|
- Price
|
|
|
|
|
|
e)
|
Date of the transaction
|
07/08/2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Martine Whitehead
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
PCA of PDMR (Frankie
Whitehead)
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Tritax Big Box REIT plc
|
|
b)
|
LEI
|
213800L6X88MIYPVR714
|
|
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 instrument
|
Ordinary Shares of 1p
each
|
|
|
|
|
Identification code
|
ISIN: GB00BG49KP99
|
|
|
|
|
b)
|
Nature of the transaction
|
Purchase of ordinary
shares
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
- GBP
|
Volume(s)
|
|
|
|
|
1.6078
|
18,021
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
N/A
|
|
|
|
|
- Aggregated volume
|
|
|
|
|
|
- Price
|
|
|
|
|
|
e)
|
Date of the transaction
|
07/08/2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|