Sirius Real Estate Limited Director/PDMR Shareholding (8445J)
December 07 2018 - 7:35AM
UK Regulatory
TIDMSRE
RNS Number : 8445J
Sirius Real Estate Limited
07 December 2018
7 December 2018
Sirius Real Estate Limited
("Sirius Real Estate", "Sirius" or the "Company")
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PDMR
Sirius Real Estate announces that Mr. Andrew Coombs has
exercised in full the nil cost options over 4,000,000 ordinary
shares received by him in respect of the 2015 LTIP, as announced on
4 July 2018. 1,545,108 new ordinary shares will be issued and
574,892 treasury shares will be transferred by the Company to Mr.
Coombs, in satisfaction of this option exercise, with the remainder
of the option being settled in cash and withheld by the Company to
satisfy the tax liability arising from the exercise.
Following the issue of the new ordinary shares, the total number
of voting rights in the Company will be 1,011,541,826, the number
of shares in treasury shall be nil and the total number of ordinary
shares in issue will be 1,011,541,826.
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 the premium segment of the Official List
of the UK Listing Authority and to trading and on the main board of
the Johannesburg Stock Exchange ("JSE"). It is expected that
admission of the new ordinary shares will take place at
commencement of trade on both the LSE at 8am (GMT) and on the JSE
at 9am (SAST), on 10 December 2018.
1. Details of PDMR / person closely associated with them
("PCA")
a) Name Andrew Coombs
-------------------------- -------------------------------------------
2. Reason for the notification
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a) Position / status Chief Executive Officer
-------------------------- -------------------------------------------
b) Initial notification Initial notification
/ amendment
-------------------------- -------------------------------------------
3. Details of the issuer
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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
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a) Description of the Ordinary shares of no par value.
financial instrument,
type of instrument
-------------------------- -------------------------------------------
b) Identification code GB00B1W3VF54
-------------------------- -------------------------------------------
c) Nature of the transaction Exercise of nil-cost option over ordinary
shares arising from the 2015 LTIP,
resulting in the issue of 1,545,108
new ordinary shares and a transfer
of 574,892 treasury shares by the Company
to Mr. Coombs.
After the transaction, Mr. Coombs has
a beneficial interest in 9,850,368
shares representing 0.97% of the issued
share capital.
-------------------------- -------------------------------------------
d) Price(s) and Price(s) Volume(s) Total(s)
volume(s) (p/GBP) (p/GBP)
n/a 1,545,108 Nil
---------- ---------
n/a 574,892 Nil
---------- ---------
-------------------------- -------------------------------------------
e) Date of the transaction 5 December 2018
-------------------------- -------------------------------------------
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 Rule 3.66 of the Listings Requirements
of the JSE Limited.
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JSE Sponsor
PSG Capital
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END
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