RDI.L

RDI REIT Plc
RDI REIT PLC - Director/PDMR Share Dealing
29th April 2021, 07:10
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RNS Number : 9905W
RDI REIT PLC
29 April 2021
 

RDI REIT P.L.C.

 ("RDI" or the "Company")

(Registered number 010534V)

LSE share code: RDI

JSE share code: RPL

ISIN: IM00BH3JLY32

LEI: 2138006NHZUMMRYQ1745

 

PDMR Share Dealing

Further to the announcement on 28 April 2021, regarding the vesting of certain share awards to the executive Directors and Persons Discharging Managerial Responsibility ("PDMR") under the Company's LTIP and STIP, each of the participants has today been issued with the shares shown below. 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Stephen Oakenfull

2

 

Reason for the notification

 

a)

 

Position/status

 

 

CEO

b)

 

Initial notification /Amendment

 

 

Initial

3

 

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

 

a)

 

Name

 

 

RDI REIT P.L.C.

b)

 

LEI

 

 

2138006NHZUMMRYQ1745

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

 

 

Shares

 

 

2138006NHZUMMRYQ1745

 

b)

 

Nature of the transaction

 

 

Vesting of LTIPs and deferred bonus awards

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

           121.35 pence

204,149

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

204,149

 

 

£247,734.81

 

e)

 

Date of the transaction

 

 

29-04-2021

f)

 

Place of the transaction

 

 

Off market transaction

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Donald Grant

2

 

Reason for the notification

 

a)

 

Position/status

 

 

CFO

b)

 

Initial notification /Amendment

 

 

Initial

3

 

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

 

a)

 

Name

 

 

RDI REIT P.L.C.

b)

 

LEI

 

 

2138006NHZUMMRYQ1745

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

 

 

Shares

 

 

2138006NHZUMMRYQ1745

 

b)

 

Nature of the transaction

 

 

Vesting of LTIPs and deferred bonus awards

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

          121.35 pence

168,899

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

168,899

 

 

£204,958.94

 

e)

 

Date of the transaction

 

 

29-04-2021

f)

 

Place of the transaction

 

 

Off market transaction

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Adrian Horsburgh

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Property Director

b)

 

Initial notification /Amendment

 

 

Initial

3

 

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

 

a)

 

Name

 

 

RDI REIT P.L.C.

b)

 

LEI

 

 

2138006NHZUMMRYQ1745

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

 

 

Shares

 

 

2138006NHZUMMRYQ1745

 

b)

 

Nature of the transaction

 

 

Vesting of LTIPs and deferred bonus awards

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

         121.35 pence

184,923

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

184,923

 

 

£224,404.06

e)

 

Date of the transaction

 

 

29-04-2021

f)

 

Place of the transaction

 

 

Off market transaction

 

 

For further information:

RDI REIT P.L.C.


Stephen Oakenfull, Donald Grant

Tel: +44 (0) 20 7811 0100

FTI Consulting


UK Public Relations Adviser


Dido Laurimore, Claire Turvey

Tel: +44 (0) 20 3727 1000

Instinctif Partners


SA Public Relations Adviser


Frederic Cornet

Tel: +27 (0) 11 447 3030

JSE Sponsor


Java Capital

Tel: + 27 (0) 11 722 3050

 

Note to editors:

 

About RDI

 

RDI is an income focused UK Real Estate Investment Trust (UK-REIT) with a diversified portfolio invested principally in the UK. The investment approach is driven by an in depth understanding of occupational demand including the impact of technology, transport and infrastructure investment. The portfolio has been repositioned in recent years to increase its weighting to London and the South East and to provide greater exposure to our leading hotel and serviced office operating platforms. 

 

RDI is committed to delivering attractive income led total returns across the real estate cycle. The current strategic objectives of a lower leverage capital structure and more focused allocation of capital are targeted at delivering an industry leading and sustainable income return.

 

RDI  holds a primary listing on the London Stock Exchange and a secondary listing on the JSE. The Company is included within the EPRA, GPR, JSE All Property and JSE Tradeable Property indices.

For more information on RDI, please refer to the Company's website www.rdireit.com

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