14 October 2022
Circle Property Plc
("Circle" or the "Company")
Director/PDMR Shareholding and Issue of Equity
Circle Property Plc (AIM: CRC), which invests in, develops and actively manages well-located regional office assets, announces that on 14 October 2022, John Arnold, Chief Executive Officer was issued 32,160 ordinary shares of no par value ("Ordinary Shares") in respect of the accrued dividend attributable to his LTIP shares detailed in the announcement dated 11 October 2022 and under the terms of the Circle Property plc 2016 Long Term Incentive Plan ("LTIP").
Application has been made for 32,160 Ordinary Shares to be admitted to trading on AIM ("Admission"). Admission is expected to occur on 20 October 2022 and the Ordinary Shares will, on issue, rank pari passu in all respects with the Company's existing Ordinary Shares.
On Admission, the Company will have a total of 29,215,555 Ordinary Shares in issue with no Ordinary Shares held in treasury. The figure of 29,215,555 may be used by the Company's shareholders as the denominator in the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure, Guidance and Transparency Rules.
Following Admission, Mr Arnold will beneficially hold 1,535,207 Ordinary Shares representing 5.25 per cent. of the Company's issued share capital.
| Circle Property Plc | +44 (0)207 930 8503 |
| John Arnold, CEO Edward Olins, COO | |
| | |
|
| |
| Cenkos Securities | +44 (0)207 397 8900 |
| Katy Birkin Mark Connelly |
|
| | |
|
| |
| Radnor Capital | +44 (0)203 897 1830 |
| Joshua Cryer Iain Daly | |
| | |
|
| |
| Camarco | +44 (0)203 757 4992 |
| Ginny Pulbrook Toby Strong | |
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 | John Arnold | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Executive Officer | |
| b) | Initial notification/Amendment | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Circle Property plc | |
| b) | LEI | 213800THDWL3FB11M760 | |
| 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 | |
| | Identification code | JE00BYP0CK63 | |
| b) | Nature of the transaction | Ordinary Shares issued in respect of accrued dividend pursuant to the Circle Property plc 2016 Long Term Incentive Plan | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| £2.17 | 32,160 | ||
| d) | Aggregated information | N/A single transaction | |
| | Aggregated volume | N/A single transaction | |
| | Price | N/A single transaction | |
| e) | Date of the transaction | 14 October 2022 | |
| f) | Place of the transaction | XOFF | |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.