28 Sep 2023 07:00
Grit Real Estate Income Group (GR1T) PDMR transfers 28-Sep-2023 / 07:00 GMT/BST
| GRIT REAL ESTATE INCOME GROUP LIMITED (Registered in Guernsey) (Registration number: 68739) LSE share code: GR1T SEM share codes (dual currency trading): DEL.N0000 (USD) / DEL.C0000 (MUR) ISIN: GG00BMDHST63 LEI: 21380084LCGHJRS8CN05 (“Grit” or the “Company” and, together with its subsidiaries, the "Group") | |
PDMR & PCA DEALING Grit Real Estate Income Group Limited has been notified that Persons Discharging Managerial Responsibilities ("PDMR") for the purposes of the Market Abuse Regulation ("MAR") have transferred previously vested long term incentive plan (LTI) shares from the Grit Executive Share Trust to their personal and trust accounts. Following these transfers there is no change in previously announced PDMR shareholdings in the Company. The Notification of Transaction Forms provided in accordance with the requirements of the MAR in relation to the transaction mentioned above are set out below. The Company also announces that its UK Financial Adviser and Broker, finnCap Ltd, has changed its name to Cavendish Capital Markets Limited. FOR FURTHER INFORMATION, PLEASE CONTACT: | Grit Real Estate Income Group Limited | | | Bronwyn Knight, Chief Executive Officer | +230 269 7090 | | Darren Veenhuis, Corporate Finance & Investor Relations | +44 779 512 3402 | | | | | Cavendish Capital Markets Limited - UK Financial Adviser | | | William Marle / Teddy Whiley (Corporate Finance) | +44 20 7220 5000 | | Mark Whitfeld / Pauline Tribe (Sales) | +44 20 3772 4697 | | Monica Tepes (Research) | +44 20 3772 4698 | | | | | Perigeum Capital Ltd - SEM Authorised Representative and Sponsor | | | Shamin A. Sookia | +230 402 0894 | | Kesaven Moothoosamy | +230 402 0898 | | | | | Capital Markets Brokers Ltd - Mauritian Sponsoring Broker | | | Elodie Lan Hun Kuen | +230 402 0285 |
| Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | | 1 | Details of the person discharging managerial responsibilities/person closely associated | | a. | Name of PDMR | Ms. Bronwyn Knight | | b. | Name of PCA | The Kenzlex Trust | | c. | Relationship of PDMR to PCA | Settlor and Beneficiary | | 2 | Reason for 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 | GRIT REAL ESTATE INCOME GROUP LIMITED | | b. | LEI | 21380084LCGHJRS8CN05 | | 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 instrumentIdentification Code | Ordinary Shares of No Par Value GG00BMDHST63 | | b. | Nature of the transaction | Transfer of Ordinary Shares from the Grit Executive Share Trust to the account of a PCA | | c. | Price(s) and volume(s) | Price(s) | Volume(s) | Total | | Nil | 875,362 | Nil | | d. | Aggregated information - Aggregated Volume - Price | Single transaction As mentioned above | | e. | Date of the transaction | 27 September 2023 | | f. | Place of the transaction | On market transaction – Stock exchange of Mauritius |
| Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | | 1 | Details of the person discharging managerial responsibilities/person closely associated | | a. | Name of PDMR | Leon van de Moortele | | b. | Name of PCA | Cuckoos Nest Trust | | c. | Relationship of PDMR to PCA | Settlor and Beneficiary | | 2 | Reason for notification | | a. | Position/Status | Chief Financial Officer | | b. | Initial notification/ Amendment | Initial Notification | | 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | | a. | Name | GRIT REAL ESTATE INCOME GROUP LIMITED | | b. | LEI | 21380084LCGHJRS8CN05 | | 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 instrumentIdentification Code | Ordinary Shares of No Par Value GG00BMDHST63 | | b. | Nature of the transaction | Transfer of Ordinary Shares from the Grit Executive Share Trust to the account of a PCA | | c. | Price(s) and volume(s) | Price(s) | Volume(s) | Total | | Nil | 489,460 | Nil | | d. | Aggregated information - Aggregated Volume - Price | Single transaction As mentioned above | | e. | Date of the transaction | 27 September 2023 | | f. | Place of the transaction | On market transaction – Stock exchange of Mauritius |
| Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | | 1 | Details of the person discharging managerial responsibilities/person closely associated | | a. | Name of PDMR | Moira van der Westhuizen | | b. | Name of PCA | N/A | | c. | Relationship of PDMR to PCA | N/A | | 2 | Reason for notification | | a. | Position/Status | Head of Responsible Business | | b. | Initial notification/ Amendment | Initial Notification | | 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | | a. | Name | GRIT REAL ESTATE INCOME GROUP LIMITED | | b. | LEI | 21380084LCGHJRS8CN05 | | 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 instrumentIdentification Code | Ordinary Shares of No Par Value GG00BMDHST63 | | b. | Nature of the transaction | Transfer of Ordinary Shares from the Grit Executive Share Trust to a personal account | | c. | Price(s) and volume(s) | Price(s) | Volume(s) | Total | | Nil | 152,064 | Nil | | d. | Aggregated information - Aggregated Volume - Price | Single transaction As mentioned above | | e. | Date of the transaction | 27 September 2023 | | f. | Place of the transaction | On market transaction – Stock exchange of Mauritius |
This notice is issued pursuant to the FCA Listing Rules and SEM Listing Rule 15.24 and the Mauritian Securities Act 2005. The Board of the Company accepts full responsibility for the accuracy of the information contained in this communiqué.
Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
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| ISIN: | GG00BMDHST63 |
| Category Code: | DSH |
| TIDM: | GR1T |
| LEI Code: | 21380084LCGHJRS8CN05 |
| Sequence No.: | 274387 |
| EQS News ID: | 1736127 |
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| End of Announcement | EQS News Service |
UK Regulatory announcement transmitted by EQS Group AG. The issuer is solely responsible for the content of this announcement.
Grit Real Est. (GR1T)