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Director/PDMR Shareholding

21 Oct 2016 15:46

RNS Number : 2167N
Regional REIT Limited
21 October 2016
 

21 October 2016

Regional REIT Limited (the "Company")

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

On 21 October 2016 Mr Inglis sold 750,000 shares in Regional REIT Limited to meet his personal tax liability arising on those shares he was allocated with the Initial Public Offering of the Company in November 2015. Following this transaction, Mr Inglis' holding in the Company decreased to 752,549 shares, representing 0.27% of the share capital.

1

Details of PDMR/PCA

(a)

Name

Stephen John Inglis

(b)

Position / status

Non-executive Director

(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

Ordinary shares of no par value

ISIN: GB00BYV2ZQ34

(b)

Nature of the transaction

Disposal of shares.

(c)

Price(s) andvolume(s)

Price(s)

Volume(s)

GBP 1.0339 per share

750,000

 

 

 

 

(d)

Aggregated information

Aggregated volume

Aggregated price

 

N/A

N/A

 

(e)

Date of the transaction

21 October 2016

(f)

Place of the transaction

Outside a trading venue.

 

Enquiries:

Regional REIT Limited

 

Press enquiries through Headland

Toscafund Asset Management

Tel: +44 (0) 20 7845 6100

Investment Manager to the Group

 

James S Johnson, Investor Relations, Regional REIT Limited

 

 

 

Headland

Tel: +44 (0) 20 7367 5222

Financial PR

 

Francesca Tuckett

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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