Real Estate Investors PLC Director/PDMR Shareholding (4869U)
28 March 2023 - 9:19PM
UK Regulatory
TIDMRLE
RNS Number : 4869U
Real Estate Investors PLC
28 March 2023
28 March 2023
Real Estate Investors Plc
("REI" or the "Company" or the "Group")
Director/PDMR Shareholding
Real Estate Investors Plc (AIM: RLE), the UK's only
Midlands-focused Real Estate Investment Trust (REIT) with a
portfolio of 1.37 million sq ft of investment property, announces
that on 28 March 2023, Ian Stringer, Non-executive Director,
purchased 99,600 ordinary shares of 10p each ("Ordinary Shares") at
28 pence per Ordinary Share.
Following this transaction, Ian Stringer is beneficially
interested in 99,600 Ordinary Shares representing 0.06 per cent. of
the Company's issued share capital.
Enquiries:
Real Estate Investors Plc
Paul Bassi/Marcus Daly +44 (0)121 212 3446
Cenkos Securities (Nominated Adviser)
Katy Birkin/Ben Jeynes +44 (0)20 7397 8900
Liberum (Broker)
Jamie Richards/William King +44 (0)20 3100 2000
About Real Estate Investors Plc
Real Estate Investors Plc is a publicly quoted, internally
managed property investment company and REIT with a portfolio of
1.37 million sq ft of mixed-use commercial property, managed by a
highly-experienced property team with over 100 years of combined
experience of operating in the Midlands property market across all
sectors. The Company's strategy is to invest in well located, real
estate assets in the established and proven markets across the
Midlands, with income and capital growth potential, realisable
through active portfolio management, refurbishment, change of use
and lettings. The portfolio has no material reliance on a single
asset or occupier. On 1st January 2015, the Company converted to a
REIT. Real Estate Investment Trusts are listed property investment
companies or groups not liable to corporation tax on their rental
income or capital gains from their qualifying activities. The
Company aims to deliver capital growth and income enhancement from
its assets, supporting its progressive dividend policy. Further
information on the Company can be found at www.reiplc.com .
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 Ian Stringer
------------------------------------------ ---------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------
a) Position/status PDMR (Non-executive Director)
------------------------------------------ ---------------------------------
b) Initial notification/Amendment Initial notification
------------------------------------------ ---------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------
a) Name Real Estate Investors Plc
------------------------------------------ ---------------------------------
b) LEI 21380015X5JMEGUHPD83
------------------------------------------ ---------------------------------
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 Ordinary shares of 10p each
instrument, type of instrument
------------------------------------------ ---------------------------------
Identification code GB00B45XLP34
------------------------------------------ ---------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
------------------------------------------ ---------------------------------
c) Price(s) and volumes(s) Price(s) Volume(s)
------------------------------------------ ---------------- ---------------
GBP0.28 99,600
---------------------------------------------------------------- ---------------
d) Aggregated information
-----------------------------------------------------------------------------
Aggregated volume N/A - single transaction
------------------------------------------ --------------------------------------
Price N/A - single transaction
------------------------------------------ --------------------------------------
e) Date of the transaction 28 March 2023
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f) Place of the transaction Outside of a trading venue
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END
DSHBGGDXLBDDGXI
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