Source - LSE Regulatory
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

Dominic White, Chief Executive

info@kcrreit.com
+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 /Amendment

 

Initial notification

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 financial instrument, type of instrument

 

Identification code

Ordinary Shares of 10p nominal value

 

 

ISIN: GB00BYWK1Q82

 

 

 

 

 

 

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

 

- Aggregated total

25p  

 

£12,500

 

 

e)

 

Date of the transaction

 

16 October 2020

f)

 

Place of the transaction

 

London Stock Exchange, AIM Market (XLON)

 

 

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