Grit Real Estate Income Group (GR1T)
PDMR dealings
15-Nov-2023 / 11:00 GMT/BST
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GRIT REAL ESTATE INCOME GROUP LIMITED
(Registered in Guernsey)
(Registration number: 68739)
LSE share code: GR1T
SEM share code (dual currency trading): DEL.N0000 (USD) / DEL.C0000(MUR)
ISIN: GG00BMDHST63
LEI: 21380084LCGHJRS8CN05
("Grit" or the "Company" and, together with its subsidiaries, the "Group")
DEALING IN SECURITIES BY PERSON CLOSELY ASSOCIATED WITH
DIRECTOR/PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES
The board of Directors (the "Board") of Grit Real Estate Income
Group Limited has been notified that on Tuesday, 14 November 2023,
Mr. Peter Todd, the chairman and non-executive director of Grit,
acquired 94,900 ordinary shares of no par value in the Company
("Ordinary Shares") at a price of GBP0.17 per ordinary share,
through Sea View Trust.
Following the purchase, Mr. Todd now holds 103,337 Ordinary
Shares representing 0.02% of the Company's issued share
capital.
Mr. Peter Todd is a Person Discharging Managerial
Responsibilities ("PDMR") for the purposes of the Market Abuse
Regulation ("MAR") and Sea View Trust is regarded as a Person
Closely Associated ("PCA") with a PDMR.
The Notification of Transaction Form provided in accordance with
the requirements of the MAR in relation to the transaction listed
above is set out below.
1 Details of the person discharging managerial responsibilities/person closely associated
a. Name of PDMR Mr Peter Todd
b. Name of PCA Sea View Trust
c. Relationship of PDMR to PCA Settlor
2 Reason for notification
a. Position/Status Non-Executive Director
Initial notification/
b. Initial Notification
Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
monitor
a. Name GRIT REAL ESTATE INCOME GROUP LIMITED
b. LEI 21380084LCGHJRS8CN05
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
Ordinary Shares of No Par Value
Description of the financial instrument, type of instrument
a.
Identification Code
GG00BMDHST63
b. Nature of the transaction Purchase of Ordinary Shares
Price(s) Volume(s) Total
c. Price(s) and volume(s) GBP0.17 94,900 GBP16,133
Aggregated information:
d. . Aggregated Volume 94,900
GBP0.17
. Price
e. Date of the transaction 14 November 2023
f. Place of the transaction London Stock Exchange
By Order of the Board
15 November 2023
FOR FURTHER INFORMATION, PLEASE CONTACT:
Grit Real Estate Income Group Limited
Bronwyn Knight, Chief Executive Officer +230 269 7090
Darren Veenhuis, Investor Relations +44 779 512 3402
Cavendish Capital Markets Limited - UK Financial Adviser
William Marle/Teddy Whiley (Corporate Finance) +44 20 7220 5000
Mark Whitfeld/Pauline Tribe (Sales) +44 20 3772 4697
Monica Tepes (Research) +44 20 3772 4698
Perigeum Capital Ltd - SEM Authorised Representative and Sponsor
Shamin A. Sookia +230 402 0894
Kesaven Moothoosamy +230 402 0898
Capital Markets Brokers Ltd - Mauritian Sponsoring Broker
Elodie Lan Hun Kuen +230 402 0280
NOTES:
Grit Real Estate Income Group Limited is the leading pan-African
woman led real estate company focused on investing in, developing
and actively managing a diversified portfolio of assets in
carefully selected African countries (excluding South Africa).
These high-quality assets are underpinned by predominantly USUSD
and Euro denominated long-term leases with a wide range of
blue-chip multi-national tenant covenants across a diverse range of
robust property sectors.
The Company is committed to delivering strong and sustainable
income for shareholders, with the potential for income and capital
growth.
The Company holds its primary listing on the Main Market of the
London Stock Exchange (LSE: GR1T and a dual currency trading
secondary listing on the Stock Exchange of Mauritius (SEM:
DEL.N0000 (USD) / DEL.C0000 (MUR)).
Further information on the Company is available at
http://grit.group.
Directors: Peter Todd (Chairman), Bronwyn Knight (Chief
Executive Officer)*, Leon van de Moortele (Chief Financial
Officer)*, David Love+, Sir Samuel Esson Jonah+, Catherine
McIlraith+, Jonathan Crichton+, Cross Kgosidiile and Lynette
Finlay+.
(* Executive Director) (+ independent Non-Executive
Director)
Company secretary: Intercontinental Fund Services Limited
Registered address: PO Box 186, Royal Chambers, St Julian's
Avenue, St Peter Port, Guernsey GY1 4HP
Registrar and transfer agent (Mauritius): Intercontinental
Secretarial Services Limited
UK Transfer secretary: Link Market Services Limited
SEM authorised representative and sponsor: Perigeum Capital
Ltd
Mauritian sponsoring broker: Capital Markets Brokers Ltd
This notice is issued pursuant to the FCA Listing Rules, SEM
Listing Rules 15.24 and the Mauritian Securities Act 2005. The
Board of the Company accepts full responsibility for the accuracy
of the information contained in this communiqué.
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Dissemination of a Regulatory Announcement, transmitted by EQS
Group. The issuer is solely responsible for the content of this
announcement.
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ISIN: GG00BMDHST63
Category Code: DSH
TIDM: GR1T
LEI Code: 21380084LCGHJRS8CN05
Sequence No.: 285177
EQS News ID: 1774283
End of Announcement EQS News Service
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