Regional REIT Limited Director/PDMR Shareholding (2618A)
22 December 2017 - 11:45PM
UK Regulatory
TIDMRGL
RNS Number : 2618A
Regional REIT Limited
22 December 2017
22 December 2017
Regional REIT Limited (the "Company")
Notification of Transactions by Persons Discharging Managerial
Responsibilities ("PDMRs") and Persons Closely Associated with them
("PCA").
On 4 December 2017, the Board of Regional REIT Limited announced
details of a share issue to raise gross proceeds of c.GBP50 million
by way of a Firm Placing and additional gross proceeds of up to
GBP50 million by way of a Placing, Open Offer and Offer for
Subscription (together the "Share Issue").
The Company announces that the following named PDMRs or persons
closely associated with such PDMRs acquired the following ordinary
shares in the Company pursuant to the Share Issue.
PDMR Position Shares acquired Total beneficial holding
after acquisition
--------------- ---------- ---------------- -------------------------
Kevin McGrath Chairman 297,030 297,030
--------------- ---------- ---------------- -------------------------
Daniel
Taylor NED 100,00 350,000
--------------- ---------- ---------------- -------------------------
The Notification of Dealing Form for each PDMR can be found
below.
This notification is made in accordance with the Market Abuse
Regulation.
Notification of Deal Form
1 Details of PDMR/PCA
---- -----------------------------------------------------------
(a) Name Mr. Kevin McGrath re Olivia McGrath
and Cornelius McGrath
---- --------------------- ------------------------------------
(b) Position / Chairman
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
instrument ISIN: GB00BYV2ZQ34
Identification
Code
---- --------------------- ------------------------------------
(b) Nature of the Purchase of shares.
transaction
---- --------------------- ------------------------------------
(c) Price(s) and Price(s) Volume(s)
volume(s) -------------- ----------
GBP 1.01 per
share 297,030
-------------- ----------
---- --------------------- ------------------------------------
(d) Aggregated
information 297,030
Aggregated GBP 1.01
volume GBP 300,000.30
Aggregated
price
Aggregated
total
---- --------------------- ------------------------------------
(e) Date of the 21 December 2017
transaction
---- --------------------- ------------------------------------
(f) Place of the London Stock Exchange
transaction
---- --------------------- ------------------------------------
1 Details of PDMR/PCA
---- -----------------------------------------------------------
(a) Name Mr. Daniel Taylor
---- --------------------- ------------------------------------
(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
instrument ISIN: GB00BYV2ZQ34
Identification
Code
---- --------------------- ------------------------------------
(b) Nature of the Purchase of shares.
transaction
---- --------------------- ------------------------------------
(c) Price(s) and Price(s) Volume(s)
volume(s) -------------- ----------
GBP 1.01 per
share 100,000
-------------- ----------
---- --------------------- ------------------------------------
(d) Aggregated
information 100,000
Aggregated GBP 1.01
volume GBP 101,000
Aggregated
price
Aggregated
total
---- --------------------- ------------------------------------
(e) Date of the 21 December 2017
transaction
---- --------------------- ------------------------------------
(f) Place of the London Stock Exchange
transaction
---- --------------------- ------------------------------------
LEI: 549300D8G4NKLRIKBX73
For further information, please contact:
Link Company Matters Limited 01392 477 571
Enquiries:
Regional REIT Limited
Press Enquiries through Headland
Toscafund Asset Management Tel: +44 (0) 20 7845
Investment Manager to 6100
the Group
Adam Dickinson, Investor
Relations for Regional
REIT Limited
London & Scottish Investments Tel: +44 (0) 141
Limited 248 4155
Asset Manager to the Group
Stephen Inglis, Derek
McDonald
Headland Tel: +44 (0) 20 3805
Financial PR 4822
Francesca Tuckett, Bryony
Sym, Jack Gault
This information is provided by RNS
The company news service from the London Stock Exchange
END
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