Sirius Real Estate Limited Allotment of 2018 Long Term Incentive Plan Shares (3035I)
11 August 2021 - 11:00PM
UK Regulatory
TIDMSRE
RNS Number : 3035I
Sirius Real Estate Limited
11 August 2021
SIRIUS REAL ESTATE LIMITED
(Incorporated in Guernsey)
Company Number: 46442
JSE Share Code: SRE
LSE (GBP) Share Code: SRE
LEI: 213800NURUF5W8QSK566
ISIN Code: GG00B1W3VF54
11 August 2021
Sirius Real Estate Limited
(" Sirius Real Estate ", " Sirius " or the " Company ")
Allotment of 2018 Long Term Incentive Plan Shares and
notification of transactions by Persons Discharging Managerial
Responsibilities ("PDMRs")
Sirius Real Estate previously announced that awards granted to
participants under the Sirius Real Estate Limited Long Term
Incentive Plan 2018 (the " 2018 LTIP ") vested on 21 May 2021 in
respect of 4,700,000 ordinary shares of no par value in the
Company, of which 2,700,000 nil-cost options were exercised on 21
June 2021.
The remaining 2,000,000 2018 LTIP nil-cost options have now been
exercised and disclosure of the 2018 LTIP awards made to the
Persons Discharging Managerial Responsibilities (" PDMRs ") are
detailed below. The participant awards will be made up of an issue
of 1,327,550 new ordinary shares of no par value in the Company and
a further 672,450 shares have been withheld in settlement of a
participant's (Alistair Marks) tax liabilities arising in respect
of the vesting.
Following the issue of the new ordinary shares, the total number
of voting rights in the Company will be 1,056,083,077. 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 (BST) and on the
JSE at 9.00am (SAST), on or around 19 August 2021.
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 the exercise of nil-cost options
relating to an award made under the
2018 LTIP.
Following this transaction, Mr. Coombs
holds a beneficial interest in 8,511,256
shares, representing 0.81% of the Company's
issued share capital.
------------------------- ---------------------------------------------
d) Price(s) and Price(s) Volume(s) Total(s)
volume(s) (p/GBP) (p/GBP)
NIL 500,000 Shares N/A
--------------- ---------
------------------------- ---------------------------------------------
e) Date of the transaction 19 August 2021
------------------------- ---------------------------------------------
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.
------------------------------------------------------------------------
1. Details of PDMR / person closely associated with them ("PCA")
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 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 the exercise of nil-cost options
relating to an award made under the
2018 LTIP.
Following this transaction, Mr. Marks
holds a beneficial interest in 6,586,628
shares, representing 0.62% of the Company's
issued share capital.
------------------------- ---------------------------------------------
d) Price(s) and Price(s) Volume(s) Total(s)
volume(s) (p/GBP) (p/GBP)
NIL 827,550 Shares N/A
--------------- ---------
------------------------- ---------------------------------------------
e) Date of the transaction 19 August 2021
------------------------- ---------------------------------------------
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, CFO +49 (0)30 285010110
FTI Consulting (financial
PR)
Richard Sunderland
Claire Turvey
Talia Jessener
+44 (0)20 3727
SiriusRealEstate@fticonsulting.com 1000
JSE Sponsor
PSG Capital
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