22 May 2020 07:00
22 May 2020
Secure Income REIT Plc
(the "Company" or "SIR")
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Prestbury Incentives Limited ("Prestbury"), together with certain of the Company's independent directors and two senior Prestbury staff members purchased 111,111 shares in Secure Income REIT Plc ("SIR") in the market on 21 May 2020 for a total of £250,000.
Prestbury is owned by the SIR management team: Nick Leslau, Mike Brown, Sandy Gumm, Tim Evans and Ben Walford. Martin Moore, the Company's Chairman, Leslie Ferrar and Ian Marcus, Independent Directors, and two senior Prestbury staff also purchased shares on the same terms.
Following the announcement on 12 May 2020 of their purchase in the market of 100,000 shares for £250,000, the Management team's collective holding has further increased from 40,071,383 shares to 40,164,756 shares, which amounts to 12.4% of the Company's share capital.
Holdings following the purchases today are as follows:
| Shares held prior to 21 May purchases | Shares held after purchases |
|
|
|
Prestbury Incentives Limited | 19,168,669 | 19,262,042 |
Other entities associated with the Prestbury management team | 18,034,851 | 18,034,851 |
Nick Leslau | 1,491,709 | 1,491,709 |
Mike Brown | 1,183,580 | 1,183,580 |
Sandy Gumm | 192,574 | 192,574 |
Prestbury management team holdings | 40,071,383 | 40,164,756 |
Martin Moore | 122,558 | 127,226 |
Leslie Ferrar | 24,419 | 26,286 |
Ian Marcus | 91,203 | 95,871 |
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Prestbury Incentives Limited | |||
2
| Reason for the notification
| ||||
a)
| Position/status | PCA of Nick Leslau (Director) | |||
b)
| Initial notification /Amendment
| Initial | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name | Secure Income REIT Plc | |||
b)
| LEI
| 213800M1VI451RU17H40 | |||
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 | |||
|
| ||||
Identification code | GB00BLMQ9L68 | ||||
b)
| Nature of the transaction
| Purchase of shares in the market | |||
c)
| Price(s) and volume(s) |
|
|
|
|
|
| Price(s) | Volume(s) |
| |
|
| 225p | 93,373 |
| |
|
|
|
|
| |
d)
| Aggregated information |
| |||
|
| ||||
- Aggregated volume | 93,373 shares | ||||
|
| ||||
- Price | 225p | ||||
e)
| Date of the transaction
| 21 May 2020 | |||
f)
| Place of the transaction | London Stock Exchange | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Martin Moore | |||
2
| Reason for the notification
| ||||
a)
| Position/status | Non-executive chairman | |||
b)
| Initial notification /Amendment
| Initial | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name | Secure Income REIT Plc | |||
b)
| LEI
| 213800M1VI451RU17H40 | |||
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 | |||
|
| ||||
Identification code | GB00BLMQ9L68 | ||||
b)
| Nature of the transaction
| Purchase of shares in the market | |||
c)
| Price(s) and volume(s) |
|
|
|
|
|
| Price(s) | Volume(s) |
| |
|
| 225p | 4,668 |
| |
|
|
|
|
| |
d)
| Aggregated information |
| |||
|
| ||||
- Aggregated volume | 4,668 shares | ||||
|
| ||||
- Price | 225p | ||||
e)
| Date of the transaction
| 21 May 2020 | |||
f)
| Place of the transaction | London Stock Exchange | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Ian Marcus | |||
2
| Reason for the notification
| ||||
a)
| Position/status | Independent non-executive director | |||
b)
| Initial notification /Amendment
| Initial | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name | Secure Income REIT Plc | |||
b)
| LEI
| 213800M1VI451RU17H40 | |||
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 | |||
|
| ||||
Identification code | GB00BLMQ9L68 | ||||
b)
| Nature of the transaction
| Purchase of shares in the market | |||
c)
| Price(s) and volume(s) |
|
|
|
|
|
| Price(s) | Volume(s) |
| |
|
| 225p | 4,668 |
| |
|
|
|
|
| |
d)
| Aggregated information |
| |||
|
| ||||
- Aggregated volume | 4,668 shares | ||||
|
| ||||
- Price | 225p | ||||
e)
| Date of the transaction
| 21 May 2020 | |||
f)
| Place of the transaction | London Stock Exchange | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Leslie Ferrar | |||
2
| Reason for the notification
| ||||
a)
| Position/status | Independent non-executive director | |||
b)
| Initial notification /Amendment
| Initial | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name | Secure Income REIT Plc | |||
b)
| LEI
| 213800M1VI451RU17H40 | |||
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 | |||
|
| ||||
Identification code | GB00BLMQ9L68 | ||||
b)
| Nature of the transaction
| Purchase of shares in the market | |||
c)
| Price(s) and volume(s) |
|
|
|
|
|
| Price(s) | Volume(s) |
| |
|
| 225p | 1,867 |
| |
|
|
|
|
| |
d)
| Aggregated information |
| |||
|
| ||||
- Aggregated volume | 1,867 shares | ||||
|
| ||||
- Price | 225p | ||||
e)
| Date of the transaction
| 21 May 2020 | |||
f)
| Place of the transaction | London Stock Exchange | |||