14 Jan 2010 16:36
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).
| (1) | An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. |
| (2) | An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8,13, 14, 16, 23 and 24. |
| (3) | An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. |
| (4) | An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. |
Please complete all relevant boxes in block capital letters.
1. Name of the issuer
INVISTA EUROPEAN REAL ESTATE TRUST SICAF
2.State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2R, (ii) a disclosure made in accordance LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006)
(i) Director
3. Name of person discharging managerial responsibilities/director
TOM CHANDOS
JOHN FREDERIKSEN
DUNCAN OWEN
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
N/A
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
IN RESPECT OF A HOLDING OF THE PERSONS REFERRED TO IN 3
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
NEW ORDINARY SHARES OF 20 PENCE EACH, PREFERENCE SHARES OF 100 PENCE EACH WITH WARRANTS OF NIL PRICE EACH ATTACHED.
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
TOM CHANDOS - 60,000 EXISTING ORDINARY SHARES
JOHN FREDERIKSEN - 31,000 EXISTING ORDINARY SHARES
DUNCAN OWEN - 7,500 EXISTING ORDINARY SHARES
8 State the nature of the transaction
PARTICIPATION IN THE FIRM PLACING AND PLACING AND OPEN OFFER, THE TERMS OF WHICH ARE SET OUT IN THE PROSPECTUS OF INVISTA EUROPEAN REAL ESTATE TRUST SICAF DATED 16 NOVEMBER 2009.
9. Number of shares, debentures or financial instruments relating to shares acquired
TOM CHANDOS - 51,000 NEW ORDINARY SHARES, 10,200 PREFERENCE SHARES AND10,200 WARRANTS
JOHN FREDERIKSEN - 26,350 NEW ORDINARY SHARES
DUNCAN OWEN - 6,375 NEW ORDINARY SHARES
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
TOM CHANDOS - 0.0196 PER CENT. OF ORDINARY SHARES, 0.0350 PER CENT. OF PREFERENCE SHARES AND 0.0350 PER CENT. OF WARRANTS
JOHN FREDERIKSEN - 0.0101 PER CENT. OF ORDINARY SHARES
DUNCAN OWEN - 0.0025 PER CENT. OF ORDINARY SHARES
11. Number of shares, debentures or financial instruments relating to shares disposed
N/A
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
13. Price per share or value of transaction
NEW ORDINARY SHARES OF 20 PENCE EACH, PREFERENCE SHARES OF 100 PENCE EACH WITH WARRANTS OF NIL PRICE EACH ATTACHED.
14. Date and place of transaction
30 DECEMBER 2009, LUXEMBOURG
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
TOM CHANDOS:
111,000 ORDINARY SHARES - 0.0427 PER CENT.;
10,200 PREFERENCE SHARES - 0.0350 PER CENT.; AND
10,200 WARRANTS - 0.0350 PER CENT.
JOHN FREDERIKSEN:
57,350 ORDINARY SHARES - 0.0221 PER CENT.;
DUNCAN OWEN:
13,875 ORDINARY SHARES - 0.0053 PER CENT.
16. Date issuer informed of transaction
30 DECEMBER 2009
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17 Date of grant
N/A………………………………
18. Period during which or date on which exercisable
n/a………………………………
19. Total amount paid (if any) for grant of the option
n/a………………………………
20. Description of shares or debentures involved (class and number)
…n/a……………………………
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
…n/a……………………………
22. Total number of shares or debentures over which options held following notification
n/a………………………………
23. Any additional information
…n/a……………………………
24. Name of contact and telephone number for queries
Victoria Dalby - 020 7954 9527
Name and signature of duly authorised officer of issuer responsible for making notification
John Crehan, for and on behalf of Capita Company Secretarial Services Ltd, Secretary
Date of notification
14 JANUARY 2010