SIRIUS REAL ESTATE LIMITED
(Incorporated in Guernsey)
Company Number: 46442
JSE Share Code: SRE
LSE (GBP) Share Code: SRE
LEI: 213800NURUF5W8QSK566
ISIN Code: GG00B1W3VF54
30 July 2024
Sirius Real Estate Limited
("Sirius Real Estate", "Sirius" or the "Company")
Notification and public disclosure of transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
Sirius Real Estate announces that awards granted under the Sirius Real Estate Limited Senior Share Incentive Plan 2021 (the "SSIP 21"), vested on 29 July 2024 at a share price of £0.9480 to 43 participants in respect of 2,103,056 ordinary shares of no par value in the Company. The awards were exercised on 29 July 2024, following which the requisite tax directives were obtained. Three PDMRs have notified the Company today that they have exercised their awards following which the requisite tax directives were obtained.
1,256,867 shares are now due to be delivered by the Sirius Real Estate Limited Employee Benefit Trust to satisfy these awards and a further 846,189 shares have been withheld in partial settlement of certain participants' tax liabilities arising in respect of the vesting of the awards.
Disclosure of the awards made to the Persons Discharging Managerial Responsibilities ("PDMRs") are detailed below.
Notification of dealing forms
| 1. | Details of PDMR | |||||||
| a) | Name | Annemie Ress | ||||||
| 2. | Reason for the notification
| |||||||
| a) | Position / status | Group HR 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 | Transfer of shares from the Sirius Real Estate Employee Benefit Trust to satisfy the exercise of an award made under the SSIP 21. Following this transaction, Mrs. Ress holds a beneficial interest in 44,038 shares, representing 0.0029% of the Company's issued share capital. | ||||||
| d) | Price(s), volume(s) and deemed value |
| ||||||
| e) | Date of the transaction | 29 July 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 | Burkhard Honsek | ||||||
| 2. | Reason for the notification
| |||||||
| a) | Position / status | Finance 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 | Transfer of shares from the Sirius Real Estate Employee Benefit Trust to satisfy the exercise of an award made under the SSIP 21. Following this transaction, Mr. Honsek holds a beneficial interest in 83,232 shares, representing 0.0055% of the Company's issued share capital. | ||||||
| d) | Price(s), volume(s) and deemed value |
| ||||||
| e) | Date of the transaction | 29 July 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 | Anthony Gallagher | ||||||
| 2. | Reason for the notification
| |||||||
| a) | Position / status | Group Company Secretary | ||||||
| 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 | Transfer of shares from the Sirius Real Estate Employee Benefit Trust to satisfy the exercise of an award made under the SSIP 21. Following this transaction, Mr. Gallagher holds a beneficial interest in 82,916 shares, representing 0.0055% of the Company's issued share capital. | ||||||
| d) | Price(s), volume(s) and deemed value |
| ||||||
| e) | Date of the transaction | 29 July 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
+44 (0) 20 3059 0855
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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