Sirius Real Estate Limited Allotment of 2018 Long Term Incentive Plan Shares (3619H)
November 23 2022 - 9:00AM
UK Regulatory
TIDMSRE
RNS Number : 3619H
Sirius Real Estate Limited
23 November 2022
SIRIUS REAL ESTATE LIMITED
(Incorporated in Guernsey)
Company Number: 46442
JSE Share Code: SRE
LSE (GBP) Share Code: SRE
LEI: 213800NURUF5W8QSK566
ISIN Code: GG00B1W3VF54
23 November 2022
Sirius Real Estate Limited
(" Sirius Real Estate ", " Sirius " or the " Company ")
Allotment of 2018 Long Term Incentive Plan Shares and
notification of a transaction by a Person Discharging Managerial
Responsibilities ("PDMR")
Further to the announcement published on 18 July 2022, Sirius
Real Estate announces that awards granted on 14 June 2019 under the
Sirius Real Estate Limited 2018 Long-Term Incentive Plan
(the " 2018 LTIP "), which vested on 13 May 2022, were exercised
on 22 November 2022, in respect of the remaining 1,531,361 ordinary
shares of no par value in the Company.
811,621 shares are now due to be delivered to satisfy the
remaining award and a further 719,740 shares have been withheld in
settlement of the participant's tax liability arising in respect of
the vesting. Accordingly, 811,621 ordinary shares of no par value
will be issued to the participant. Disclosure of the award made to
the Person Discharging Managerial Responsibilities (" PDMR ") is
detailed below. The participant award will be made up of an issue
of 811,621 new ordinary shares of no par value in the Company.
Following the issue of the new ordinary shares, the total number
of voting rights in the Company will be 1,175,863,985. There are no
shares held in Treasury.
Application has been made for the new ordinary shares to be
admitted to trading on the main market of London Stock Exchange Plc
(" LSE "), to be admitted to listing on the premium segment of the
Official List of the Financial Conduct Authority and to be listed
on the main board of the JSE Limited (" JSE "). It is expected that
admission of the new ordinary shares will take place at
commencement of trade on both the LSE at 8.00am (GMT) and on the
JSE at 9.00am (SAST), on or around 30 November 2022.
Notification of dealing forms
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 Ordinary shares of no par value.
financial instrument,
type of instrument
------------------------- --------------------------------------------
b) Identification code GG00B1W3VF54
------------------------- --------------------------------------------
c) Nature of the transaction Acquisition of new shares issued to
satisfy an award made under the 2018
LTIP.
Following this transaction, Mr. Coombs
holds a beneficial interest in 10,611,878
shares, representing 0.90% of the Company's
issued share capital.
------------------------- --------------------------------------------
d) Price(s) and Price(s) Volume(s) Total(s)
volume(s) (p/GBP) (p/GBP)
Nil 811,621 0.00
---------- ---------
------------------------- --------------------------------------------
e) Date of the transaction 22 November 2022
------------------------- --------------------------------------------
f) Place of the transaction Outside a trading venue (off market)
------------------------- --------------------------------------------
g) Nature and extent Direct, beneficial
of interest in the
transaction
------------------------- --------------------------------------------
h) Clearance to deal in these securities was obtained in accordance
with paragraph 3.66 of the JSE Listings Requirements.
-----------------------------------------------------------------------
For further information:
Sirius Real Estate
Andrew Coombs, CEO
Alistair Marks, CIO and
Interim CFO +49 (0)30 285010110
FTI Consulting (financial
PR)
Richard Sunderland
James McEwan
Talia Shirion
+44 (0)20 3727
SiriusRealEstate@fticonsulting.com 1000
JSE Sponsor
PSG Capital
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END
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