TIDMRGL

RNS Number : 2167N

Regional REIT Limited

21 October 2016

21 October 2016

Regional REIT Limited (the "Company")

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them ("PCA").

On 21 October 2016 Mr Inglis sold 750,000 shares in Regional REIT Limited to meet his personal tax liability arising on those shares he was allocated with the Initial Public Offering of the Company in November 2015. Following this transaction, Mr Inglis' holding in the Company decreased to 752,549 shares, representing 0.27% of the share capital.

 
 1     Details of PDMR/PCA 
----  ------------------------------------------------------- 
 (a)   Name                   Stephen John Inglis 
----  ---------------------  -------------------------------- 
 (b)   Position /             Non-executive Director 
        status 
----  ---------------------  -------------------------------- 
 (c)   Initial notification   Initial notification 
        / amendment 
----  ---------------------  -------------------------------- 
 2     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            Ordinary shares of no par value 
        of the financial       ISIN: GB00BYV2ZQ34 
        instrument 
----  ---------------------  -------------------------------- 
 (b)   Nature of the          Disposal of shares. 
        transaction 
----  ---------------------  -------------------------------- 
 (c)   Price(s) and            Price(s)      Volume(s) 
        volume(s)              ------------  ---------- 
                                GBP 1.0339 
                                 per share    750,000 
                               ------------  ---------- 
----  ---------------------  -------------------------------- 
 (d)  Aggregated 
       information              N/A 
       Aggregated               N/A 
       volume 
       Aggregated 
       price 
----  ---------------------  -------------------------------- 
 (e)  Date of the             21 October 2016 
       transaction 
----  ---------------------  -------------------------------- 
 (f)  Place of the            Outside a trading venue. 
       transaction 
----  ---------------------  --------------------------------

Enquiries:

 
Regional REIT Limited 
Press enquiries through Headland 
Toscafund Asset Management                                  Tel: +44 (0) 20 7845 6100 
Investment Manager to the Group 
James S Johnson, Investor Relations, Regional REIT Limited 
 
Headland                                                    Tel: +44 (0) 20 7367 5222 
Financial PR 
Francesca Tuckett

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHFELFLFFMSELS

(END) Dow Jones Newswires

October 21, 2016 10:46 ET (14:46 GMT)

Regional Reit (LSE:RGL)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Regional Reit Charts.
Regional Reit (LSE:RGL)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Regional Reit Charts.