SIRIUS REAL ESTATE LIMITED
(Incorporated in
Company Number: 46442
JSE Share Code: SRE
LSE (GBP) Share Code: SRE
LEI: 213800NURUF5W8QSK566
ISIN Code: GG00B1W3VF54
30 July 2024
Sirius Real Estate Limited
("Sirius Real Estate" or the "Company")
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")
Awards granted under the Sirius Real Estate Limited 2021 Long Term Incentive Plan (the "LTIP") and one-off awards granted separate to the LTIP
The Company confirms that it granted awards today under the LTIP ("LTIP Awards") and one-off awards separate from the LTIP but on equivalent terms to awards that can be granted under the rules of LTIP ("One-off Awards") (together, the "Awards") to Executive Directors and other Persons Discharging Managerial Responsibilities, which Awards have subsequently all been accepted.
Director/PDMR |
Number of ordinary shares subject to LTIP Award |
Andrew Coombs |
1,148,141 |
Chris Bowman |
980,715 |
Rüdiger Swoboda |
760,160 |
Kremena Wissel |
699,812 |
Annemie Ress |
699,844 |
Craig Hoskins |
266,000 |
Tobias Schorstädt |
266,000 |
Andreas Schlesinger |
266,000 |
Burkhard Honsek |
266,000 |
Director/PDMR |
Number of ordinary shares subject to One-off Award |
Andrew Coombs |
760,643 |
Chris Bowman |
649,724 |
Rüdiger Swoboda |
4,590 |
Kremena Wissel |
64,938 |
Annemie Ress |
64,906 |
Each Award has been granted in the form of a nil-cost option and will vest, subject to the rules of the LTIP (except, that in the case of the One-off Awards, individual award limits will instead be in accordance with the Company's Directors' Remuneration Policy most recently approved by shareholders) and the satisfaction of performance conditions assessed over the three financial years of the Company beginning with the financial year ending 31 March 2025. The performance targets and peer group of companies are set out on page 103 of the Company's Annual Report and Accounts 2024.
As set out in the Directors' Remuneration Policy, any awards that vest in excess of the relevant limit that applies to the participants under the 2021 LTIP plan rules will be settled via non-dilutive market purchase shares. Following the assessment of the performance conditions, vested Awards will be subject to a further two-year holding period.
1. |
Details of Director/PDMR |
|||||||
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 |
|||||||
a) |
Name |
Sirius Real Estate Limited
|
||||||
b) |
LEI |
213800NURUF5W8QSK566 |
||||||
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 of no par value. |
||||||
b) |
Identification code |
GG00B1W3VF54 |
||||||
c) |
Nature of the transaction |
Grant of nil-cost option over ordinary shares under the LTIP. |
||||||
d) |
Price(s) and volume(s) |
|
||||||
e) |
Date of the transaction |
29 July 2024 |
||||||
f) |
Place of the transaction |
Outside a trading venue (off market) |
||||||
g) |
Nature and extent of interest in the transaction |
Direct, beneficial |
||||||
h) |
Clearance to deal in these securities was obtained in accordance with paragraph 3.66 of the Listings Requirements of the JSE Limited. |
1. |
Details of Director/PDMR |
|||||||
a) |
Name |
Chris Bowman |
||||||
2. |
Reason for the notification
|
|||||||
a) |
Position / status |
Chief Financial Officer |
||||||
b) |
Initial notification / amendment |
Initial notification |
||||||
3. |
Details of the issuer |
|||||||
a) |
Name |
Sirius Real Estate Limited
|
||||||
b) |
LEI |
213800NURUF5W8QSK566 |
||||||
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 of no par value. |
||||||
b) |
Identification code |
GG00B1W3VF54 |
||||||
c) |
Nature of the transaction |
Grant of nil-cost option over ordinary shares under the LTIP. |
||||||
d) |
Price(s) and volume(s) |
|
||||||
e) |
Date of the transaction |
29 July 2024 |
||||||
f) |
Place of the transaction |
Outside a trading venue (off market) |
||||||
g) |
Nature and extent of interest in the transaction |
Direct, beneficial |
||||||
h) |
Clearance to deal in these securities was obtained in accordance with paragraph 3.66 of the Listings Requirements of the JSE Limited. |
1. |
Details of PDMR |
|||||||
a) |
Name |
Rüdiger Swoboda |
||||||
2. |
Reason for the notification
|
|||||||
a) |
Position / status |
Chief Operating Officer |
||||||
b) |
Initial notification / amendment |
Initial notification |
||||||
3. |
Details of the issuer |
|||||||
a) |
Name |
Sirius Real Estate Limited
|
||||||
b) |
LEI |
213800NURUF5W8QSK566 |
||||||
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 of no par value. |
||||||
b) |
Identification code |
GG00B1W3VF54 |
||||||
c) |
Nature of the transaction |
Grant of nil-cost option over ordinary shares under the LTIP.
|
||||||
d) |
Price(s) and volume(s) |
|
||||||
e) |
Date of the transaction |
29 July 2024 |
||||||
f) |
Place of the transaction |
Outside a trading venue (off market) |
||||||
g) |
Nature and extent of interest in the transaction |
Direct, beneficial |
||||||
h) |
Clearance to deal in these securities was obtained in accordance with paragraph 3.66 of the Listings Requirements of the JSE Limited. |
1. |
Details of PDMR |
|||||||
a) |
Name |
Kremena Wissel |
||||||
2. |
Reason for the notification
|
|||||||
a) |
Position / status |
Chief Impact and Marketing Officer |
||||||
b) |
Initial notification / amendment |
Initial notification |
||||||
3. |
Details of the issuer |
|||||||
a) |
Name |
Sirius Real Estate Limited
|
||||||
b) |
LEI |
213800NURUF5W8QSK566 |
||||||
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 of no par value. |
||||||
b) |
Identification code |
GG00B1W3VF54 |
||||||
c) |
Nature of the transaction |
Grant of nil-cost option over ordinary shares under the LTIP.
|
||||||
d) |
Price(s) and volume(s) |
|
||||||
e) |
Date of the transaction |
29 July 2024 |
||||||
f) |
Place of the transaction |
Outside a trading venue (off market) |
||||||
g) |
Nature and extent of interest in the transaction |
Direct, beneficial |
||||||
h) |
Clearance to deal in these securities was obtained in accordance with paragraph 3.66 of the Listings Requirements of the JSE Limited. |
1. |
Details of Director/PDMR |
|||||||
a) |
Name |
Annemie Ress |
||||||
2. |
Reason for the notification
|
|||||||
a) |
Position / status |
Group HR Officer |
||||||
b) |
Initial notification / amendment |
Initial notification |
||||||
3. |
Details of the issuer |
|||||||
a) |
Name |
Sirius Real Estate Limited
|
||||||
b) |
LEI |
213800NURUF5W8QSK566 |
||||||
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 of no par value. |
||||||
b) |
Identification code |
GG00B1W3VF54 |
||||||
c) |
Nature of the transaction |
Grant of nil-cost option over ordinary shares under the LTIP. |
||||||
d) |
Price(s) and volume(s) |
|
||||||
e) |
Date of the transaction |
29 July 2024 |
||||||
f) |
Place of the transaction |
Outside a trading venue (off market) |
||||||
g) |
Nature and extent of interest in the transaction |
Direct, beneficial |
||||||
h) |
Clearance to deal in these securities was obtained in accordance with paragraph 3.66 of the Listings Requirements of the JSE Limited. |
1. |
Details of PDMR |
|||||||
a) |
Name |
Craig Hoskins |
||||||
2. |
Reason for the notification
|
|||||||
a) |
Position / status |
Asset Management Dir. & Dir. Of Employee Engagement |
||||||
b) |
Initial notification / amendment |
Initial notification |
||||||
3. |
Details of the issuer |
|||||||
a) |
Name |
Sirius Real Estate Limited
|
||||||
b) |
LEI |
213800NURUF5W8QSK566 |
||||||
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 of no par value. |
||||||
b) |
Identification code |
GG00B1W3VF54 |
||||||
c) |
Nature of the transaction |
Grant of nil-cost option over ordinary shares under the LTIP. |
||||||
d) |
Price(s) and volume(s) |
|
||||||
e) |
Date of the transaction |
29 July 2024 |
||||||
f) |
Place of the transaction |
Outside a trading venue (off market) |
||||||
g) |
Nature and extent of interest in the transaction |
Direct, beneficial |
||||||
h) |
Clearance to deal in these securities was obtained in accordance with paragraph 3.66 of the Listings Requirements of the JSE Limited. |
1. |
Details of PDMR |
|||||||
a) |
Name |
Tobias Schorstädt |
||||||
2. |
Reason for the notification
|
|||||||
a) |
Position / status |
Acquisitions Director |
||||||
b) |
Initial notification / amendment |
Initial notification |
||||||
3. |
Details of the issuer |
|||||||
a) |
Name |
Sirius Real Estate Limited
|
||||||
b) |
LEI |
213800NURUF5W8QSK566 |
||||||
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 of no par value. |
||||||
b) |
Identification code |
GG00B1W3VF54 |
||||||
c) |
Nature of the transaction |
Grant of nil-cost option over ordinary shares under the LTIP.
|
||||||
d) |
Price(s) and volume(s) |
|
||||||
e) |
Date of the transaction |
29 July 2024 |
||||||
f) |
Place of the transaction |
Outside a trading venue (off market) |
||||||
g) |
Nature and extent of interest in the transaction |
Direct, beneficial |
||||||
h) |
Clearance to deal in these securities was obtained in accordance with paragraph 3.66 of the Listings Requirements of the JSE Limited. |
1. |
Details of PDMR |
|||||||
a) |
Name |
Andreas Schlesinger |
||||||
2. |
Reason for the notification
|
|||||||
a) |
Position / status |
Contracts, Utilities and Environmental Services Director |
||||||
b) |
Initial notification / amendment |
Initial notification |
||||||
3. |
Details of the issuer |
|||||||
a) |
Name |
Sirius Real Estate Limited
|
||||||
b) |
LEI |
213800NURUF5W8QSK566 |
||||||
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 of no par value. |
||||||
b) |
Identification code |
GG00B1W3VF54 |
||||||
c) |
Nature of the transaction |
Grant of nil-cost option over ordinary shares under the LTIP.
|
||||||
d) |
Price(s) and volume(s) |
|
||||||
e) |
Date of the transaction |
29 July 2024 |
||||||
f) |
Place of the transaction |
Outside a trading venue (off market) |
||||||
g) |
Nature and extent of interest in the transaction |
Direct, beneficial |
||||||
h) |
Clearance to deal in these securities was obtained in accordance with paragraph 3.66 of the Listings Requirements of the JSE Limited. |
1. |
Details of PDMR |
|||||||
a) |
Name |
Burkhard Honsek |
||||||
2. |
Reason for the notification
|
|||||||
a) |
Position / status |
Finance Director |
||||||
b) |
Initial notification / amendment |
Initial notification |
||||||
3. |
Details of the issuer |
|||||||
a) |
Name |
Sirius Real Estate Limited
|
||||||
b) |
LEI |
213800NURUF5W8QSK566 |
||||||
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 of no par value. |
||||||
b) |
Identification code |
GG00B1W3VF54 |
||||||
c) |
Nature of the transaction |
Grant of nil-cost option over ordinary shares under the LTIP.
|
||||||
d) |
Price(s) and volume(s) |
|
||||||
e) |
Date of the transaction |
29 July 2024 |
||||||
f) |
Place of the transaction |
Outside a trading venue (off market) |
||||||
g) |
Nature and extent of interest in the transaction |
Direct, beneficial |
||||||
h) |
Clearance to deal in these securities was obtained in accordance with paragraph 3.66 of the Listings Requirements of the JSE Limited. |
1. |
Details of Director/PDMR |
|||||||
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 |
|||||||
a) |
Name |
Sirius Real Estate Limited
|
||||||
b) |
LEI |
213800NURUF5W8QSK566 |
||||||
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 of no par value. |
||||||
b) |
Identification code |
GG00B1W3VF54 |
||||||
c) |
Nature of the transaction |
Grant of nil-cost option over ordinary shares under equivalent terms of the LTIP. |
||||||
d) |
Price(s) and volume(s) |
|
||||||
e) |
Date of the transaction |
29 July 2024 |
||||||
f) |
Place of the transaction |
Outside a trading venue (off market) |
||||||
g) |
Nature and extent of interest in the transaction |
Direct, beneficial |
||||||
h) |
Clearance to deal in these securities was obtained in accordance with paragraph 3.66 of the Listings Requirements of the JSE Limited. |
1. |
Details of Director/PDMR |
|||||||
a) |
Name |
Chris Bowman |
||||||
2. |
Reason for the notification
|
|||||||
a) |
Position / status |
Chief Financial Officer |
||||||
b) |
Initial notification / amendment |
Initial notification |
||||||
3. |
Details of the issuer |
|||||||
a) |
Name |
Sirius Real Estate Limited
|
||||||
b) |
LEI |
213800NURUF5W8QSK566 |
||||||
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 of no par value. |
||||||
b) |
Identification code |
GG00B1W3VF54 |
||||||
c) |
Nature of the transaction |
Grant of nil-cost option over ordinary shares under equivalent terms of the LTIP. |
||||||
d) |
Price(s) and volume(s) |
|
||||||
e) |
Date of the transaction |
29 July 2024 |
||||||
f) |
Place of the transaction |
Outside a trading venue (off market) |
||||||
g) |
Nature and extent of interest in the transaction |
Direct, beneficial |
||||||
h) |
Clearance to deal in these securities was obtained in accordance with paragraph 3.66 of the Listings Requirements of the JSE Limited. |
1. |
Details of PDMR |
|||||||
a) |
Name |
Rüdiger Swoboda |
||||||
2. |
Reason for the notification
|
|||||||
a) |
Position / status |
Chief Operating Officer |
||||||
b) |
Initial notification / amendment |
Initial notification |
||||||
3. |
Details of the issuer |
|||||||
a) |
Name |
Sirius Real Estate Limited
|
||||||
b) |
LEI |
213800NURUF5W8QSK566 |
||||||
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 of no par value. |
||||||
b) |
Identification code |
GG00B1W3VF54 |
||||||
c) |
Nature of the transaction |
Grant of nil-cost option over ordinary shares under equivalent terms of the LTIP. |
||||||
d) |
Price(s) and volume(s) |
|
||||||
e) |
Date of the transaction |
29 July 2024 |
||||||
f) |
Place of the transaction |
Outside a trading venue (off market) |
||||||
g) |
Nature and extent of interest in the transaction |
Direct, beneficial |
||||||
h) |
Clearance to deal in these securities was obtained in accordance with paragraph 3.66 of the Listings Requirements of the JSE Limited. |
1. |
Details of PDMR |
|||||||
a) |
Name |
Kremena Wissel |
||||||
2. |
Reason for the notification
|
|||||||
a) |
Position / status |
Chief Impact and Marketing Officer |
||||||
b) |
Initial notification / amendment |
Initial notification |
||||||
3. |
Details of the issuer |
|||||||
a) |
Name |
Sirius Real Estate Limited
|
||||||
b) |
LEI |
213800NURUF5W8QSK566 |
||||||
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 of no par value. |
||||||
b) |
Identification code |
GG00B1W3VF54 |
||||||
c) |
Nature of the transaction |
Grant of nil-cost option over ordinary shares under equivalent terms of the LTIP. |
||||||
d) |
Price(s) and volume(s) |
|
||||||
e) |
Date of the transaction |
29 July 2024 |
||||||
f) |
Place of the transaction |
Outside a trading venue (off market) |
||||||
g) |
Nature and extent of interest in the transaction |
Direct, beneficial |
||||||
h) |
Clearance to deal in these securities was obtained in accordance with paragraph 3.66 of the Listings Requirements of the JSE Limited. |
1. |
Details of Director/PDMR |
|||||||
a) |
Name |
Annemie Ress |
||||||
2. |
Reason for the notification
|
|||||||
a) |
Position / status |
Group HR Officer |
||||||
b) |
Initial notification / amendment |
Initial notification |
||||||
3. |
Details of the issuer |
|||||||
a) |
Name |
Sirius Real Estate Limited
|
||||||
b) |
LEI |
213800NURUF5W8QSK566 |
||||||
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 of no par value. |
||||||
b) |
Identification code |
GG00B1W3VF54 |
||||||
c) |
Nature of the transaction |
Grant of nil-cost option over ordinary shares under equivalent terms of the LTIP. |
||||||
d) |
Price(s) and volume(s) |
|
||||||
e) |
Date of the transaction |
29 July 2024 |
||||||
f) |
Place of the transaction |
Outside a trading venue (off market) |
||||||
g) |
Nature and extent of interest in the transaction |
Direct, beneficial |
||||||
h) |
Clearance to deal in these securities was obtained in accordance with paragraph 3.66 of the Listings Requirements of the JSE Limited. |
For further information:
Sirius Real Estate Andrew Coombs, CEO Chris Bowman, CFO |
+44 (0) 20 3059 0855 |
|
|
FTI Consulting (Financial PR) Richard Sunderland James McEwan Talia Shirion
SiriusRealEstate@fticonsulting.com |
+44 (0) 20 3727 1000
|
|
|
JSE Sponsor PSG Capital |
|
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