Last checked at 
4 Dec 2020 14:07
4 December 2020
Tritax EuroBox plc
(the "Company")
PURCHASE OF ORDINARY SHARES UNDER THE INVESTMENT MANAGEMENT AGREEMENT
The Board of the Company announces that in accordance with the terms of the Company's management fee arrangements with Tritax Management LLP (the "Manager"), the Manager has acquired in the market a total of 94,777 Ordinary Shares in the capital of the Company ("Ordinary Shares") on behalf of certain members of staff of the Manager (the "Management Shares"). The Management Shares were acquired on 3 December 2020 at 103.82 pence per share.
Under the terms of the management fee arrangements, 10 percent of the management fee (net of any applicable tax) from 1 April 2020 to 30 September 2020 is applied by the Manager in subscribing for or acquiring Ordinary Shares.
The Management Shares purchased are subject to a minimum lock-in period of 12 months.
PDMR Shareholdings
In accordance with article 19.3 of the Market Abuse Regulation, on settlement, the beneficial interests of the senior executives of the Investment Team with day-to-day management responsibility in connection with services provided to the Company (and/or persons closely associated thereof) who have acquired Management Shares are listed in the table below.
PDMR | Position | Number of Management Shares acquired | Number of Ordinary Shares held | % of issued share capital |
Mark Shaw1 | Investment Team | 11,485 | 169,061 | 0.0400 |
Colin Godfrey2 | Investment Team | 11,068 | 168,137 | 0.0398 |
James Dunlop3 | Investment Team | 11,068 | 168,137 | 0.0398 |
Henry Franklin4 | Investment Team | 7,982 | 114,442 | 0.0271 |
Bjorn Hobart | Investment Team | 1,791 | 26,907 | 0.0064 |
Petrina Austin | Investment Team | 1,791 | 26,907 | 0.0064 |
Nick Preston | Investment Team | 11,988 | 97,564 | 0.0231 |
Staff of Tritax Management LLP | Staff of the Manager | 37,604 | 129,548 | 0.0306 |
Total | 94,777 | 900,703 | 0.2132 |
111,485 shares were acquired by Lesley Shaw (PCA of Mark Shaw)
2 11,068 shares were acquired by Harriet Godfrey (PCA of Colin Godfrey)
3 5,534 shares were each acquired by Tom Dunlop and Amelia Dunlop (PCAs of James Dunlop)
4 7,982 shares have been acquired by Alfred Franklin (PCA of Henry Franklin)
For further information, please contact:
Tritax Group Hana Beard (Company Secretary) Jo Blackshaw (Investor Relations) | +44 (0) 20 7290 1616 |
Maitland/AMO (Communications Adviser) James Benjamin | +44 (0) 20 7379 5151 Email: tritax-maitland@maitland.co.uk |
The Company's LEI is: 213800HK59N7H979QU33.
NOTES:
Tritax EuroBox plc invests in and manages a well-diversified portfolio of well-located Continental European logistics real estate assets that are delivering an attractive capital return and secure income to shareholders. These assets fulfil key roles in the logistics and distribution supply-chain focused on the most established logistics markets and on the major population centres across core Continental European countries.
Occupier demand for Continental European logistics assets is in the midst of a major long-term structural change principally driven by the growth of e-commerce. This is evidenced by technological advancements, increased automation and supply-chain optimisation.
The Company's Manager, Tritax Management LLP, has assembled a full-service European logistics asset management capability including specialist "on the ground" asset and property managers with strong market standings in the Continental European logistics sector.
Further information on Tritax EuroBox plc is available at www.tritaxeurobox.co.uk
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a)
| Name
| Lesley Shaw | |||
2 | Reason for the notification | ||||
a)
| Position/status
| PCA of PDMR (Mark Shaw)
| |||
b)
| Initial notification /Amendment
| Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a)
| Name | Tritax EuroBox plc | |||
b)
| LEI | 213800HK59N7H979QU33 | |||
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 1p each | |||
Identification code | ISIN: GB00BG382L74 | ||||
b)
| Nature of the transaction
| Purchase of ordinary shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) - GBP | Volume(s) | ||||
£1.0382 | 11,485 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 3 December 2020 | |||
f)
| Place of the transaction
| London Stock Exchange (XLON) | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a)
| Name
| Harriet Godfrey | |||
2 | Reason for the notification | ||||
a)
| Position/status
| PCA of PDMR (Colin Godfrey)
| |||
b)
| Initial notification /Amendment
| Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Tritax EuroBox plc
| |||
b) | LEI | 213800HK59N7H979QU33
| |||
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 1p each | |||
Identification code | ISIN: GB00BG382L74 | ||||
b)
| Nature of the transaction
| Purchase of ordinary shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) - GBP | Volume(s) | ||||
£1.0382 | 11,068 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 3 December 2020 | |||
f)
| Place of the transaction
| London Stock Exchange (XLON) | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a)
| Name
| Amelia Dunlop | |||
2 | Reason for the notification | ||||
a)
| Position/status
| PCA of PDMR (James Dunlop)
| |||
b)
| Initial notification /Amendment
| Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Tritax EuroBox plc
| |||
b) | LEI | 213800HK59N7H979QU33
| |||
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 1p each | |||
Identification code | ISIN: GB00BG382L74 | ||||
b)
| Nature of the transaction
| Purchase of ordinary shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) - GBP | Volume(s) | ||||
£1.0382 | 5,534 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 3 December 2020 | |||
f)
| Place of the transaction
| London Stock Exchange (XLON) | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a)
| Name
| Tom Dunlop | |||
2 | Reason for the notification | ||||
a)
| Position/status
| PCA of PDMR (James Dunlop)
| |||
b)
| Initial notification /Amendment
| Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Tritax EuroBox plc
| |||
b) | LEI | 213800HK59N7H979QU33
| |||
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 1p each | |||
Identification code | ISIN: GB00BG382L74 | ||||
b)
| Nature of the transaction
| Purchase of ordinary shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) - GBP | Volume(s) | ||||
£1.0382 | 5,534 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 3 December 2020 | |||
f)
| Place of the transaction
| London Stock Exchange (XLON) | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a)
| Name
| Alfred Franklin | |||
2 | Reason for the notification | ||||
a)
| Position/status
| PCA of PDMR (Henry Franklin) | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Tritax EuroBox plc
| |||
b) | LEI | 213800HK59N7H979QU33
| |||
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 1p each | |||
Identification code | ISIN: GB00BG382L74 | ||||
b)
| Nature of the transaction
| Purchase of ordinary shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) - GBP | Volume(s) | ||||
£1.0382 | 7,982 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 3 December 2020 | |||
f)
| Place of the transaction
| London Stock Exchange (XLON) | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a)
| Name
| Bjorn Hobart | |||
2 | Reason for the notification | ||||
a)
| Position/status
| PDMR
| |||
b)
| Initial notification /Amendment
| Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name
| Tritax EuroBox plc | |||
b) | LEI
| 213800HK59N7H979QU33 | |||
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 1p each | |||
Identification code | ISIN: GB00BG382L74 | ||||
b)
| Nature of the transaction
| Purchase of ordinary shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) - GBP | Volume(s) | ||||
£1.0382 | 1,791 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 3 December 2020 | |||
f)
| Place of the transaction
| London Stock Exchange (XLON) | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a)
| Name
| Petrina Porter (née Austin) | |||
2 | Reason for the notification | ||||
a)
| Position/status
| PDMR
| |||
b)
| Initial notification /Amendment
| Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name
| Tritax EuroBox plc | |||
b) | LEI
| 213800HK59N7H979QU33 | |||
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 1p each | |||
Identification code | ISIN: GB00BG382L74 | ||||
b)
| Nature of the transaction
| Purchase of ordinary shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) - GBP | Volume(s) | ||||
£1.0382 | 1,791 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 3 December 2020 | |||
f)
| Place of the transaction
| London Stock Exchange (XLON) | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a)
| Name
| Nicholas Preston | |||
2 | Reason for the notification | ||||
a)
| Position/status
| PDMR
| |||
b)
| Initial notification /Amendment
| Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name
| Tritax EuroBox plc | |||
b) | LEI
| 213800HK59N7H979QU33 | |||
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 1p each | |||
Identification code | ISIN: GB00BG382L74 | ||||
b)
| Nature of the transaction
| Purchase of ordinary shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) - GBP | Volume(s) | ||||
£1.0382 | 11,988 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 3 December 2020 | |||
f)
| Place of the transaction
| London Stock Exchange (XLON) | |||