Source - LSE Regulatory
RNS Number : 2885S
LXI REIT PLC
15 March 2021
 

LXi REIT PLC (LEI: 2138008YZGXOKAXQVI45)

(the "Company")

 

15 March 2021

DIRECTOR/PDMR SHAREHOLDING

LXi REIT plc announces the following purchases of ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 124.50 pence per share pursuant to the Initial Issue as announced on 16 February 2021:

1.    Stephen Hubbard (Non-Executive Chairman) purchased 16,000 Ordinary Shares; and

2.    Jan Etherden (Non-Executive Director) purchased 20,000 Ordinary Shares.

Additionally, Mr R Jon Gudelis, spouse of Patricia Dimond (Non-Executive Director), has today purchased 8,005 Ordinary Shares at a price of 124.916 pence per share.

Enquiries:

Jenny Thompson/Brian Smith

 

PraxisIFM Fund Services (UK) Limited

020 4513 9260

Company Secretary

 

 

 

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

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

 

 

Stephen Hubbard

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Director

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

LXi REIT plc

b)

 

LEI

 

 

2138008YZGXOKAXQVI45

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

Ordinary shares 1 pence each

 

 

Identification code

ISIN

GB00BYQ46T41

 

 

b)

 

Nature of the transaction

 

 

Purchase of Ordinary Shares pursuant to the Initial Issue as announced on 16 February 2021

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

124.50p per share

16,000

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

16,000

 

 

- Price

£19,920

 

 

e)

 

Date of the transaction

 

 

15 March 2021

f)

 

Place of the transaction

 

 

London Stock Exchange

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Jan Etherden

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Director

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

LXi REIT plc

b)

 

LEI

 

 

2138008YZGXOKAXQVI45

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

Ordinary shares 1 pence each

 

 

Identification code

ISIN

GB00BYQ46T41

 

 

b)

 

Nature of the transaction

 

 

Purchase of Ordinary Shares pursuant to the Initial Issue as announced on 16 February 2021

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

124.50p per share

20,000

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

20,000

 

 

- Price

£24,900

 

 

e)

 

Date of the transaction

 

 

15 March 2021

f)

 

Place of the transaction

 

 

London Stock Exchange

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

R Jon Gudelis

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PCA of Patricia Dimond, Director

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

LXi REIT plc

b)

 

LEI

 

 

2138008YZGXOKAXQVI45

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

Ordinary shares 1 pence each

 

 

Identification code

ISIN

GB00BYQ46T41

 

 

b)

 

Nature of the transaction

 

 

Purchase

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

124.916p per share

8,005

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

8,005

 

 

- Price

£9,999.5258

 

 

e)

 

Date of the transaction

 

 

15 March 2021

f)

 

Place of the transaction

 

 

London Stock Exchange

 

  

End

 

 

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