RNS Number : 0911T
Sirius Real Estate Limited
19 June 2024
 

SIRIUS REAL ESTATE LIMITED

(Incorporated in Guernsey)

Company Number: 46442

JSE Share Code: SRE

LSE (GBP) Share Code: SRE

LEI 213800NURUF5W8QSK566

ISIN Code: GG00B1W3VF54

 

19 June 2024

 

Sirius Real Estate Limited

("Sirius Real Estate", "Sirius" or the "Company")

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")

On 18 June 2024, the Company granted the following awards under the Sirius Real Estate Limited 2017 Deferred Bonus Plan (the "DBP") in respect of bonuses earned for the year ended 31 March 2024, which awards have all been accepted. 

Director/PDMR

Number of shares subject to DBP award

Andrew Coombs

281,982

Chris Bowman

240,391

Tariq Khader

54,270

Mohamed Jiwaji

23,258

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 18 June 2025 (rounded down to the nearest whole share where necessary); with

·    the balance of the shares subject to the DBP on 18 June 2026. 

 

1.

Details of Director/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 DBP.

d)

Price(s) and volume(s)

Price(s)

Volume(s)

Total(s)

N/A

281,982

0.00

e)

Date of the transaction

18 June 2024

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 Director/PDMR

a)

Name

Chris Bowman

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 DBP.

d)

Price(s) and volume(s)

Price(s)

Volume(s)

Total(s)

N/A

240,391

0.00

e)

Date of the transaction

18 June 2024

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

Tariq Khader

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 DBP.

d)

Price(s) and volume(s)

Price(s)

Volume(s)

Total(s)

N/A

54,270

0.00

e)

Date of the transaction

18 June 2024

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

Mohamed Jiwaji

2.

Reason for the notification

 

 

                      

a)

Position / status

BizSpace Commercial 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

Grant of nil-cost option over ordinary shares under the DBP.

d)

Price(s) and volume(s)

Price(s)

Volume(s)

Total(s)

N/A

23,258

0.00

e)

Date of the transaction

18 June 2024

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 / Chris Bowman, CFO

+49 (0) 30 285010110

 

FTI Consulting (Financial PR)

Richard Sunderland / James McEwan / Talia Shirion

+44 (0) 20 3727 1000

SiriusRealEstate@fticonsulting.com 

 

JSE Sponsor

PSG Capital

 

 

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