TIDMRLE

RNS Number : 9363Q

Real Estate Investors PLC

24 June 2020

24 June 2020

Real Estate Investors Plc

("REI" or the "Company")

Director/PDMR Shareholdings

Real Estate Investors Plc (AIM:RLE), the UK's only Midlands-focused Real Estate Investment Trust (REIT) with a diversified portfolio of 1.59 million sq ft of investment property across all sectors, announces that the Directors of the Company purchased, in aggregate, 861,346 ordinary shares of 10p each ("Ordinary Shares") at 34 pence per Ordinary Share on 23 June 2020:

 
 Director         Number of Ordinary   Resultant Number      Percentage of issued 
                   Shares purchased     of Ordinary Shares    share capital 
                                        held 
 Paul Bassi       426,936              11,000,000            5.90 
                 -------------------  --------------------  --------------------- 
 Marcus Daly      200,000              2,256,304             1.20 
                 -------------------  --------------------  --------------------- 
 John Crabtree    29,410               301,977               0.16 
                 -------------------  --------------------  --------------------- 
 William Wyatt    145,000              218,500               0.12 
                 -------------------  --------------------  --------------------- 
 Peter London     60,000               157,500               0.08 
                 -------------------  --------------------  --------------------- 
 

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

Enquiries:

 
 
  Real Estate Investors Plc 
  Paul Bassi/Marcus Daly          +44 (0)121 212 3446 
 
  Cenkos Securities 
  Katy Birkin/Ben Jeynes          +44 (0)20 7397 8900 
 
  Liberum 
  Jamie Richards/William Hall     +44 (0)20 3100 2000 
 
  Allenby Capital 
  Nick Naylor/Asha Chotai         +44 (0)20 3328 5656 
 
  Novella Communications 
  Tim Robertson/Fergus Young      +44 (0)20 3151 7008 
 

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                                      Paul Bassi 
      ----------------------------------------  ------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------- 
 a)    Position/status                           PDMR (Director) 
      ----------------------------------------  ------------------------------- 
 b)    Initial notification/Amendment            Initial notification 
      ----------------------------------------  ------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------- 
 a)    Name                                      Real Estate Investors Plc 
      ----------------------------------------  ------------------------------- 
 b)    LEI                                       21380015X5JMEGUHPD83 
      ----------------------------------------  ------------------------------- 
 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 financial              Ordinary shares of 10p each 
        instrument, type of instrument 
      ----------------------------------------  ------------------------------- 
       Identification code                       GB00B45XLP34 
      ----------------------------------------  ------------------------------- 
 b)    Nature of the transaction                 Purchase of Ordinary Shares 
      ----------------------------------------  ------------------------------- 
 c)    Price(s) and volumes(s)                   Price(s)         Volume(s) 
      ----------------------------------------  ---------------  -------------- 
   GBP0.34                                                        426,936 
  -------------------------------------------------------------  -------------- 
 d)    Aggregated information 
      ------------------------------------------------------------------------- 
  Aggregated volume                         N/A - single transaction 
 ----------------------------------------  ------------------------------------ 
  Price                                     N/A - single transaction 
 ----------------------------------------  ------------------------------------ 
 e)    Date of the transaction                   23 June 2020 
      ----------------------------------------  ------------------------------- 
 f)    Place of the transaction                  AIMX 
      ----------------------------------------  ------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                      Marcus Daly 
      ----------------------------------------  ------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------- 
 a)    Position/status                           PDMR (Director) 
      ----------------------------------------  ------------------------------- 
 b)    Initial notification/Amendment            Initial notification 
      ----------------------------------------  ------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------- 
 a)    Name                                      Real Estate Investors Plc 
      ----------------------------------------  ------------------------------- 
 b)    LEI                                       21380015X5JMEGUHPD83 
      ----------------------------------------  ------------------------------- 
 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 financial              Ordinary shares of 10p each 
        instrument, type of instrument 
      ----------------------------------------  ------------------------------- 
       Identification code                       GB00B45XLP34 
      ----------------------------------------  ------------------------------- 
 b)    Nature of the transaction                 Purchase of Ordinary Shares 
      ----------------------------------------  ------------------------------- 
 c)    Price(s) and volumes(s)                   Price(s)         Volume(s) 
      ----------------------------------------  ---------------  -------------- 
   GBP0.34                                                        200,000 
  -------------------------------------------------------------  -------------- 
 d)    Aggregated information 
      ------------------------------------------------------------------------- 
  Aggregated volume                         N/A - single transaction 
 ----------------------------------------  ------------------------------------ 
  Price                                     N/A - single transaction 
 ----------------------------------------  ------------------------------------ 
 e)    Date of the transaction                   23 June 2020 
      ----------------------------------------  ------------------------------- 
 f)    Place of the transaction                  AIMX 
      ----------------------------------------  ------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                      J ohn Crabtree 
      ----------------------------------------  ------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------- 
 a)    Position/status                           PDMR (Director) 
      ----------------------------------------  ------------------------------- 
 b)    Initial notification/Amendment            Initial notification 
      ----------------------------------------  ------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------- 
 a)    Name                                      Real Estate Investors Plc 
      ----------------------------------------  ------------------------------- 
 b)    LEI                                       21380015X5JMEGUHPD83 
      ----------------------------------------  ------------------------------- 
 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 financial              Ordinary shares of 10p each 
        instrument, type of instrument 
      ----------------------------------------  ------------------------------- 
       Identification code                       GB00B45XLP34 
      ----------------------------------------  ------------------------------- 
 b)    Nature of the transaction                 Purchase of Ordinary Shares 
      ----------------------------------------  ------------------------------- 
 c)    Price(s) and volumes(s)                   Price(s)         Volume(s) 
      ----------------------------------------  ---------------  -------------- 
   GBP0.34                                                        29,410 
  -------------------------------------------------------------  -------------- 
 d)    Aggregated information 
      ------------------------------------------------------------------------- 
  Aggregated volume                         N/A - single transaction 
 ----------------------------------------  ------------------------------------ 
  Price                                     N/A - single transaction 
 ----------------------------------------  ------------------------------------ 
 e)    Date of the transaction                   23 June 2020 
      ----------------------------------------  ------------------------------- 
 f)    Place of the transaction                  AIMX 
      ----------------------------------------  ------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                      W illiam Wyatt 
      ----------------------------------------  ------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------- 
 a)    Position/status                           PDMR (Director) 
      ----------------------------------------  ------------------------------- 
 b)    Initial notification/Amendment            Initial notification 
      ----------------------------------------  ------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------- 
 a)    Name                                      Real Estate Investors Plc 
      ----------------------------------------  ------------------------------- 
 b)    LEI                                       21380015X5JMEGUHPD83 
      ----------------------------------------  ------------------------------- 
 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 financial              Ordinary shares of 10p each 
        instrument, type of instrument 
      ----------------------------------------  ------------------------------- 
       Identification code                       GB00B45XLP34 
      ----------------------------------------  ------------------------------- 
 b)    Nature of the transaction                 Purchase of Ordinary Shares 
      ----------------------------------------  ------------------------------- 
 c)    Price(s) and volumes(s)                   Price(s)         Volume(s) 
      ----------------------------------------  ---------------  -------------- 
   GBP0.34                                                        1 45,000 
  -------------------------------------------------------------  -------------- 
 d)    Aggregated information 
      ------------------------------------------------------------------------- 
  Aggregated volume                         N/A - single transaction 
 ----------------------------------------  ------------------------------------ 
  Price                                     N/A - single transaction 
 ----------------------------------------  ------------------------------------ 
 e)    Date of the transaction                   23 June 2020 
      ----------------------------------------  ------------------------------- 
 f)    Place of the transaction                  AIMX 
      ----------------------------------------  ------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                      Peter London 
      ----------------------------------------  ------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------- 
 a)    Position/status                           PDMR (Director) 
      ----------------------------------------  ------------------------------- 
 b)    Initial notification/Amendment            Initial notification 
      ----------------------------------------  ------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------- 
 a)    Name                                      Real Estate Investors Plc 
      ----------------------------------------  ------------------------------- 
 b)    LEI                                       21380015X5JMEGUHPD83 
      ----------------------------------------  ------------------------------- 
 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 financial              Ordinary shares of 10p each 
        instrument, type of instrument 
      ----------------------------------------  ------------------------------- 
       Identification code                       GB00B45XLP34 
      ----------------------------------------  ------------------------------- 
 b)    Nature of the transaction                 Purchase of Ordinary Shares 
      ----------------------------------------  ------------------------------- 
 c)    Price(s) and volumes(s)                   Price(s)         Volume(s) 
      ----------------------------------------  ---------------  -------------- 
   GBP0.34                                                        6 0,000 
  -------------------------------------------------------------  -------------- 
 d)    Aggregated information 
      ------------------------------------------------------------------------- 
  Aggregated volume                         N/A - single transaction 
 ----------------------------------------  ------------------------------------ 
  Price                                     N/A - single transaction 
 ----------------------------------------  ------------------------------------ 
 e)    Date of the transaction                   23 June 2020 
      ----------------------------------------  ------------------------------- 
 f)    Place of the transaction                  AIMX 
      ----------------------------------------  ------------------------------- 
 

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END

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