Last checked at 27 May 2021 07:00
27 May 2021
KCR Residential REIT plc
("KCR" or the "Company")
Director's Share Purchase
KCR Residential REIT plc has been notified that, on 26 May 2021, Dominic White, Chief Executive of the Company, purchased 41,666 ordinary shares of 10p each in the Company ("Shares") at a price of 17.5p per Share.
Following this purchase, Mr White has a beneficial interest in 1,287,598* Shares, representing approximately 4.6 per cent. of the Company's issued share capital.
* 645,299 Shares are held by White Amba Pension Scheme of which Mr White is a beneficiary.
Contacts:
KCR Residential REIT plc Dominic White, Chief Executive | info@kcrreit.com+44 20 3793 5236 |
Arden Partners plc Richard Johnson
| +44 20 7614 5900 |
Notes to Editors:
KCR's objective is to build a substantial residential property portfolio that generates secure income flow for shareholders. The Directors intend that the group will acquire, develop and manage residential property assets in a number of jurisdictions including the UK.
Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
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a)
| Name
| Dominic White
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2
| Reason for the notification
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a)
| Position/status
| Director (Chief Executive) | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
| Name
| K&C Residential REIT PLC | |||
b)
| LEI
| 213800NTHWVFLSB9CX32
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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
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a)
| Description of the financial instrument, type of instrument
Identification code | Ordinary Shares of 10p nominal value
ISIN: GB00BYWK1Q82 | |||
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b)
| Nature of the transaction
| Acquisition | |||
c)
| Price(s) and volume(s) |
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| Price(s) | Volume(s) |
| |
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| 17.5p | 41,666 |
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d)
| Aggregated information |
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- Aggregated volume | n/a - single transaction | ||||
- Price - Aggregated total |
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e)
| Date of the transaction
| 26 May 2021 | |||
f)
| Place of the transaction
| London Stock Exchange, AIM Market (XLON) | |||