SIRIUS REAL ESTATE LIMITED
(Incorporated in Guernsey)
Company Number: 46442
JSE Share Code: SRE
LSE (GBP) Share Code: SRE
LEI: 213800NURUF5W8QSK566
ISIN Code: GG00B1W3VF54
18 July 2022
Sirius Real Estate Limited
("Sirius Real Estate", "Sirius" or the "Company")
Allotment of 2018 Long Term Incentive Plan Shares and notification of transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
Sirius Real Estate announces that awards granted on 14 June 2019 to 7 participants under the Sirius Real Estate Limited Long Term Incentive Plan 2018 (the "2018 LTIP") vested on 13 May 2022 in respect of 4,543,039 ordinary shares of no par value in the Company.
1,620,093 shares are now due to be delivered to satisfy some of these awards and a further 1,391,585 shares have been withheld in partial settlement of certain participants' tax liabilities arising in respect of the vesting. Accordingly, 1,620,093 ordinary shares of no par value will be issued to qualifying participants. The remaining 1,531,361 2018 LTIP Awards will be exercised at a later date. Disclosure of the awards made to the Persons Discharging Managerial Responsibilities ("PDMRs") are detailed below. The participant awards will be made up of an issue of 1,620,093 new ordinary shares of no par value in the Company.
Following the issue of the new ordinary shares, the total number of voting rights in the Company will be 1,173,781,085. There are no shares held in Treasury.
Application has been made for the new ordinary shares to be admitted to trading on the main market of London Stock Exchange Plc ("LSE"), to be admitted to listing on the premium segment of the Official List of the Financial Conduct Authority and to be listed on the main board of the JSE Limited ("JSE"). It is expected that admission of the new ordinary shares will take place at commencement of trade on both the LSE at 8.00am (BST) and on the JSE at 9.00am (SAST), on or around 25 July 2022.
Notification of dealing forms
| 1. | Details of PDMR / person closely associated with them ("PCA") | |||||||
| a) | Name | Alistair Marks | ||||||
| 2. | Reason for the notification
| |||||||
| a) | Position / status | Chief Investment Officer | ||||||
| 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 | Acquisition of new shares issued to satisfy an award made under the 2018 LTIP.
Following this transaction, Mr. Marks holds a beneficial interest in 7,587,669 shares, representing 0.646% of the Company's issued share capital. | ||||||
| d) | Price(s) and volume(s) |
| ||||||
| e) | Date of the transaction | 15 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 JSE Listings Requirements. | |||||||
| 1. | Details of PDMR / person closely associated with them ("PCA") | |||||||
| a) | Name | Diarmuid Kelly | ||||||
| 2. | Reason for the notification
| |||||||
| a) | Position / status | Chief Financial Officer | ||||||
| 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 | Acquisition of new shares issued to satisfy an award made under the 2018 LTIP.
Following this transaction, Mr. Kelly holds a beneficial interest in 426,315 shares, representing 0.036% of the Company's issued share capital. | ||||||
| d) | Price(s) and volume(s) |
| ||||||
| e) | Date of the transaction | 15 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 JSE Listings Requirements. | |||||||
| 1. | Details of PDMR / person closely associated with them ("PCA") | |||||||
| a) | Name | Rüdiger Swoboda | ||||||
| 2. | Reason for the notification
| |||||||
| a) | Position / status | Chief Operating Officer | ||||||
| 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 | Acquisition of new shares issued to satisfy an award made under the 2018 LTIP.
Following this transaction, Mr. Swoboda holds a beneficial interest in 1,536,333 shares, representing 0.131% of the Company's issued share capital. | ||||||
| d) | Price(s) and volume(s) |
| ||||||
| e) | Date of the transaction | 15 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 JSE Listings Requirements. | |||||||
| 1. | Details of PDMR / person closely associated with them ("PCA") | |||||||
| a) | Name | Kremena Wissel | ||||||
| 2. | Reason for the notification
| |||||||
| a) | Position / status | Chief Marketing & Impact Officer | ||||||
| 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 | Acquisition of new shares issued to satisfy an award made under the 2018 LTIP.
Following this transaction, Mrs Wissel holds a beneficial interest in 1,005,697 shares, representing 0.086% of the Company's issued share capital. | ||||||
| d) | Price(s) and volume(s) |
| ||||||
| e) | Date of the transaction | 15 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 JSE Listings Requirements. | |||||||
| 1. | Details of PDMR / person closely associated with them ("PCA") | |||||||
| a) | Name | Anthony Payne | ||||||
| 2. | Reason for the notification
| |||||||
| a) | Position / status | Data Director | ||||||
| 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 | Acquisition of new shares issued to satisfy an award made under the 2018 LTIP.
Following this transaction, Mr. Payne holds a beneficial interest in 480,689 shares, representing 0.041% of the Company's issued share capital. | ||||||
| d) | Price(s) and volume(s) |
| ||||||
| e) | Date of the transaction | 15 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 JSE Listings Requirements. | |||||||
| 1. | Details of PDMR / person closely associated with them ("PCA") | |||||||
| a) | Name | Craig Hoskins | ||||||
| 2. | Reason for the notification
| |||||||
| a) | Position / status | Asset Management Director | ||||||
| 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 | Acquisition of new shares issued to satisfy an award made under the 2018 LTIP.
Following this transaction, Mr. Hoskins holds a beneficial interest in 521,689 shares, representing 0.44% of the Company's issued share capital. | ||||||
| d) | Price(s) and volume(s) |
| ||||||
| e) | Date of the transaction | 15 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 JSE Listings Requirements. | |||||||
| For further information:
Sirius Real Estate Andrew Coombs, CEO Diarmuid Kelly, CFO |
+49 (0)30 285010110 |
| | |
| FTI Consulting (financial PR) Richard Sunderland Talia Jessener |
+44 (0)20 3727 1000
|
| | |
| JSE Sponsor PSG Capital | |
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