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
|
|
Price(s)
(p/GBP)
|
Volume(s)
|
Total(s)
(p/GBP)
|
|
£0.9480
|
44,038
|
£41,748.02
|
|
|
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
|
|
Price(s)
(p/GBP)
|
Volume(s)
|
Total(s)
(p/GBP)
|
|
£0.9480
|
69,413
|
£65,803.52
|
|
|
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
|
|
Price(s)
(p/GBP)
|
Volume(s)
|
Total(s)
(p/GBP)
|
|
£0.9480
|
65,991
|
£62,559.47
|
|
|
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