KCR Residential REIT PLC Director/PDMR Shareholding (4931C)
19 October 2020 - 9:41PM
UK Regulatory
TIDMKCR
RNS Number : 4931C
KCR Residential REIT PLC
19 October 2020
19 October 2020
KCR Residential REIT plc
("KCR" or the "Company")
Director's Share Purchase
KCR Residential REIT plc has been notified that on 16 October
2020 Dominic White, Chief Executive of the Company, purchased
50,000 ordinary shares of 10p each in the Company ("Shares") at a
price of 25p per Share.
Following this purchase, Mr White has a beneficial interest in
1,245,932* Shares, representing approximately 4.5 per cent. of the
Company's issued share capital.
* 645,299 Shares are held by White Amba Pension Scheme of which
Mr White is a beneficiary.
Contacts:
KCR Residential REIT plc info@kcrreit.com
Dominic White, Chief Executive +44 20 3793 5236
Arden Partners plc
Richard Johnson
Benjamin Cryer +44 20 7614 5900
Notes to Editors:
KCR's objective is to build a substantial residential property
portfolio that generates secure income flow for shareholders. The
Directors intend that the group will acquire, develop and manage
residential property assets in a number of jurisdictions including
the UK.
The notifications below are made in accordance with the
requirements of the EU regulation on market abuse.
Template for 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 Dominic White
-------------------------------------- ----------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------------
a) Position/status Director (Chief Executive)
-------------------------------------- ----------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------------------- ----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform,
auctioneer or auction monitor
--------------------------------------------------------------------------------------
a) Name K&C Residential REIT PLC
-------------------------------------- ----------------------------------------------
b) LEI 213800NTHWVFLSB9CX32
-------------------------------------- ----------------------------------------------
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 10p nominal value
financial instrument, ISIN: GB00BYWK1Q82
type of instrument
Identification code
b) Nature of the transaction Acquisition
-------------------------------------- ----------------------------------------------
c) Price(s) and volume(s)
------------------- ----------------------
Price(s) Volume(s)
------------------- ----------------------
25p 50,000
------------------- ----------------------
d) Aggregated information
- Aggregated volume 50,000
- Price 25p
- Aggregated total GBP12,500
e) Date of the transaction 16 October 2020
-------------------------------------- ----------------------------------------------
f) Place of the transaction London Stock Exchange, AIM Market (XLON)
-------------------------------------- ----------------------------------------------
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END
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