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Director/PDMR Shareholding

15 Jun 2020 13:10

RNS Number : 9914P
Regional REIT Limited
15 June 2020
 

15 June 2020

Regional REIT Limited (the "Company")

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them ("PCA").

The Company announces that Mr Daniel Taylor, a person discharging managerial responsibility (PDMR) in the Company, has transferred 259,999 shares in the Company for nil consideration to his wife, Mrs Charmian Taylor, a person closely associated (PCA) with Mr Taylor.

The transfer took place on 10 June 2020.

Following this notification, the total beneficial holding of shares by Mr Taylor and persons closely associated is 709,998 shares, representing 0.16% of the issued share capital of the Company.

This notification is made in accordance with the Market Abuse Regulation.

1.

Details of PDMR/PCA

(a)

Name

Daniel Taylor

(b)

Position / status

Non-Executive Director/PDMR

(c)

Initial notification / amendment

Initial notification

2

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

Identification Code

Ordinary shares

 

ISIN: GB00BYV2ZQ34

(b)

Nature of the transaction

Transfer of shares to Mrs Charmian Taylor.

(c)

Price(s) andvolume(s)

Price(s)

Volume(s)

nil

259,999

 

 

 

(d)

Aggregated information

Aggregated volume

Aggregated price

Aggregated total

 

259,999

nil

nil

 

 

 

(e)

Date of the transaction

10 June 2020

(f)

Place of the transaction

Off market transaction

 

1.

Details of PDMR/PCA

(a)

Name

Charmian Taylor

(b)

Position / status

PCA to Non-Executive Director/PDMR (Mr. Daniel Taylor)

(c)

Initial notification / amendment

Initial notification

2

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

Identification Code

Ordinary shares

 

 

ISIN: GB00BYV2ZQ34

(b)

Nature of the transaction

Transfer of shares from Mr. Daniel Taylor.

(c)

Price(s) andvolume(s)

Price(s)

Volume(s)

nil

259,999

 

 

 

(d)

Aggregated information

Aggregated volume

Aggregated price

Aggregated total

 

259,999

nil

nil

 

 

 

(e)

Date of the transaction

10 June 2020

(f)

Place of the transaction

Off market transaction

 

 

LEI: 549300D8G4NKLRIKBX73

 

Enquiries:

Regional REIT Limited

Toscafund Asset Management

Tel: +44 (0) 20 7845 6100

Investment Manager to the Group

Adam Dickinson, Investor Relations, Regional REIT Limited

London & Scottish Property Investment Management

Tel: +44 (0) 141 248 4155

Asset Manager to the Group

Stephen Inglis

Buchanan Communications

Tel: +44 (0) 20 7466 5000

Financial PR

regional@buchanan.uk.com

Charles Ryland / Victoria Hayns / Henry Wilson

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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