ESP.L

Empiric Student Property PLC
Empiric Student Prop - Director/PDMR Shareholding
14th November 2024, 09:00
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 1366M
Empiric Student Property PLC
14 November 2024
 

 

 

Empiric Student Property plc

 

("Empiric" or the "Company" or, together with its subsidiaries, the "Group")

 

Transactions by Persons Discharging Managerial Responsibility ("PDMR") and persons closely associated with them

 

Empiric Student Property plc (ticker: ESP), the owner and operator of premium, studio-led student accommodation aligned to top-tier universities, announces that the Chief Executive Officer, Duncan Garrood, has acquired 25,316 Ordinary shares in the Company through the exercise of options in the Empiric Student Property plc 2021 SAYE Option Plan (the "Acquisition").

 

Following the Acquisition, Mr Garrood's shareholding comprises 150,438 Ordinary shares in the Company, representing 0.023% of the Issued Share Capital of the Company.

 

The Notification of Dealing Form provided in accordance with the requirements of the Market Abuse Regulation in relation to the Acquisition is set out below.

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Duncan Garrood

2

 

Reason for the notification

 

a)

 

Position/status

 

Director/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

 

Empiric Student Property plc

b)

 

LEI

 

213800FPF38IBPRFPU87

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 1p each



Identification code

GB00BLWDVR75



b)

 

Nature of the transaction

 

Acquisition

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




71.1p

25,316







d)

 

Aggregated information




- Aggregated volume

25,316



- Price

£17,999.68



e)

 

Date of the transaction

14 November 2024

f)

 

Place of the transaction

London Stock Exchange

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

 


Empiric Student Property plc

(via FTI Consulting below)

Duncan Garrood (Chief Executive Officer)


Donald Grant (Chief Financial & Sustainability Officer)


 


FTI Consulting

Dido Laurimore

Eve Kirmatzis

020 3727 1000

empiric@fticonsulting.com

 



The Company's LEI is 213800FPF38IBPRFPU87.

 

Further information on Empiric can be found on the Company's website at www.empiric.co.uk.

 

Notes:

Empiric Student Property plc is a leading provider and operator of modern, predominantly direct-let, premium student accommodation serving key UK universities. Investing in both operating and development assets, Empiric is a fully integrated operational student property business focused on premium studio-led accommodation managed through its Hello Student operating platform, that is attractive to affluent growing student segments.

 

The Company, an internally managed real estate investment trust ("REIT") incorporated in England and Wales, listed under the Equity Shares segment of the Official List of the Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in June 2014. The Company is classified as a commercial company listed under the UK Listing Rules and as such is not an alternative investment fund ("AIF") for the purposes of the Alternative Investment Fund Managers Directive ("AIFMD") and is not required to provide investors with a Key information Document ("KID") in accordance with the Packaged Retail and Insurance-based Investment Products ("PRIIPs") regulations.

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHBSBDBUUBDGSX]]>
TwitterFacebookLinkedIn