31 Oct 2016 07:00
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) |
| ||||
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 | ||||
Sirius Real Estate (SRE)