SIRIUS REAL ESTATE LIMITED
(Incorporated in Guernsey)
Company Number: 46442
JSE Share Code: SRE
LSE (GBP) Share Code: SRE
LEI 213800NURUF5W8QSK566
ISIN Code: GG00B1W3VF54
11 July 2022
Sirius Real Estate Limited
("Sirius Real Estate", "Sirius" or the "Company")
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PDMRs
On 7 July 2022, the Company granted the following awards under the Sirius Real Estate Limited Deferred Bonus Plan (the "DBP") in respect of bonuses earned for the year ended 31 March 2022.
| Director/PDMR | Number of shares subject to DBP award |
| Andrew Coombs | 192,055 |
| Alistair Marks | 120,958 |
| Diarmuid Kelly | 12,693* |
* Note: Award in respect of the two-month period of Financial Year 2022 during which Diarmuid Kelly served as a Director of the Company, having been appointed as Chief Financial Officer with effect from 1 February 2022.
Each award has been granted in the form of a Nil-Cost Option and, subject to the rules of the DBP, will vest in two tranches as follows:
· 50% of the shares subject to the DBP on 7 July 2023 (rounded down to the nearest whole share where necessary); with
· the balance of the shares subject to the DBP on 7 July 2024.
| 1. | Details of PDMR | |||||||
| a) | Name | Andrew Coombs | ||||||
| 2. | Reason for the notification
| |||||||
| a) | Position / status | Chief Executive Officer of Sirius | ||||||
| b) | Initial notification / amendment | Initial notification | ||||||
| 3. | Details of the issuer | |||||||
| a) | Name | Sirius Real Estate Limited
| ||||||
| b) | LEI | 213800NURUF5W8QSK566 | ||||||
| 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 of no par value. | ||||||
| b) | Identification code | GG00B1W3VF54 | ||||||
| c) | Nature of the transaction | Grant of nil-cost option over ordinary shares under the Sirius Real Estate Limited 2017 Deferred Bonus Plan. | ||||||
| d) | Price(s) and volume(s) |
| ||||||
| e) | Date of the transaction | 7 July 2022 | ||||||
| f) | Place of the transaction | Outside a trading venue (off market) | ||||||
| g) | Nature and extent of interest in the transaction | Direct, beneficial | ||||||
| h) | Clearance to deal in these securities was obtained in accordance with paragraph 3.66 of the Listings Requirements of the JSE Limited. | |||||||
| 1. | Details of PDMR | |||||||
| a) | Name | Alistair Marks | ||||||
| 2. | Reason for the notification
| |||||||
| a) | Position / status | Chief Investment Officer of Sirius | ||||||
| b) | Initial notification / amendment | Initial notification | ||||||
| 3. | Details of the issuer | |||||||
| a) | Name | Sirius Real Estate Limited
| ||||||
| b) | LEI | 213800NURUF5W8QSK566 | ||||||
| 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 of no par value. | ||||||
| b) | Identification code | GG00B1W3VF54 | ||||||
| c) | Nature of the transaction | Grant of nil-cost option over ordinary shares under the Sirius Real Estate Limited 2017 Deferred Bonus Plan. | ||||||
| d) | Price(s) and volume(s) |
| ||||||
| e) | Date of the transaction | 7 July 2022 | ||||||
| f) | Place of the transaction | Outside a trading venue (off market) | ||||||
| g) | Nature and extent of interest in the transaction | Direct, beneficial | ||||||
| h) | Clearance to deal in these securities was obtained in accordance with paragraph 3.66 of the Listings Requirements of the JSE Limited. | |||||||
| 1. | Details of PDMR | |||||||
| a) | Name | Diarmuid Kelly | ||||||
| 2. | Reason for the notification
| |||||||
| a) | Position / status | Chief Financial Officer of Sirius | ||||||
| b) | Initial notification / amendment | Initial notification | ||||||
| 3. | Details of the issuer | |||||||
| a) | Name | Sirius Real Estate Limited
| ||||||
| b) | LEI | 213800NURUF5W8QSK566 | ||||||
| 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 of no par value. | ||||||
| b) | Identification code | GG00B1W3VF54 | ||||||
| c) | Nature of the transaction | Grant of nil-cost option over ordinary shares under the Sirius Real Estate Limited 2017 Deferred Bonus Plan. | ||||||
| d) | Price(s) and volume(s) |
| ||||||
| e) | Date of the transaction | 7 July 2022 | ||||||
| f) | Place of the transaction | Outside a trading venue (off market) | ||||||
| g) | Nature and extent of interest in the transaction | Direct, beneficial | ||||||
| h) | Clearance to deal in these securities was obtained in accordance with paragraph 3.66 of the Listings Requirements of the JSE Limited. | |||||||
For further information:
Sirius Real Estate
Andrew Coombs, CEO / Diarmuid Kelly, CFO
+49 (0) 30 285010110
FTI Consulting (Financial PR)
Richard Sunderland / James McEwan / Talia Jessener
+44 (0) 20 3727 1000
SiriusRealEstate@fticonsulting.com
JSE Sponsor
PSG Capital
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