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Pin to quick picksSirius Real Estate Regulatory News (SRE)

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Director/PDMR Shareholding

31 Oct 2016 07:00

RNS Number : 8045N
Sirius Real Estate Limited
31 October 2016
 

31 October 2016

Sirius Real Estate Limited

("Sirius" or the "Company")

Director/PDMR Shareholding

 

Sirius Real Estate, the leading operator of branded business parks providing conventional space and flexible workspace in Germany was notified on 28 October 2016 that Andrew Coombs, Chief Executive Officer of Sirius, has entered into a personal loan arrangement with Investec Bank Plc ("Investec Bank") and granted pledges in favour of Investec Bank over 2,603,065 ordinary shares in the Company as security in connection with a loan. The loan is to support the purchase of a personal residence in the UK. The transaction took place on 28 October 2016.

Andrew Coombs' beneficial interests remain unchanged at 4,331,852 ordinary shares representing 0.51% of the issued ordinary share capital.

 

 

Ends

 

 

Enquiries:

 

Sirius Real Estate +49 (0)30 285010110

Andrew Coombs, CEO

Alistair Marks, CFO

 

Peel Hunt +44 (0)20 7418 8900

Capel Irwin

Edward Fox

 

Canaccord Genuity Limited +44 (0)20 7523 8000

Bruce Garrow

Chris Connors

 

JSE Sponsor: PSG Capital +27 (0)21 887 9602

David Tosi

Willie Honeyball

 

Novella +44 (0)20 3151 7008

Tim Robertson

Toby Andrews

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 

Andrew Coombs

2

Reason for the notification

a)

Position/status

 

Chief Executive Officer

b)

Initial notification/Amendment

 

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Sirius Real Estate Limited

b)

LEI

N/a

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

Identification code

 

Ordinary shares of no par value

 

GG00B1W3VF54

b)

Nature of the transaction

 

 

Pledge in favour of Investec Bank Plc

c)

Price(s) and volume(s)

Price(s)

Volume(s)

52.5c (Euro)

2,603,065

d)

Aggregated information

- Aggregated volume

- Price

N/a single transaction

e)

Date of the transaction

 

2016-10-28

f)

Place of the transaction

 

London Stock Exchange, AIM

 

 

 

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