CRC.L

Circle Property Plc
Circle Property PLC - Director/PDMR Shareholding and Issue of Equity
14th October 2022, 11:00
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RNS Number : 9726C
Circle Property PLC
14 October 2022
 

14 October 2022

Circle Property Plc

("Circle" or the "Company")

 

Director/PDMR Shareholding and Issue of Equity

 

Circle Property Plc (AIM: CRC), which invests in, develops and actively manages well-located regional office assets, announces that on 14 October 2022, John Arnold, Chief Executive Officer was issued 32,160 ordinary shares of no par value ("Ordinary Shares") in respect of the accrued dividend attributable to his LTIP shares detailed in the announcement dated 11 October 2022 and under the terms of the Circle Property plc 2016 Long Term Incentive Plan ("LTIP").

 

Application has been made for 32,160 Ordinary Shares to be admitted to trading on AIM ("Admission"). Admission is expected to occur on 20 October 2022 and the Ordinary Shares will, on issue, rank pari passu in all respects with the Company's existing Ordinary Shares.

 

On Admission, the Company will have a total of 29,215,555 Ordinary Shares in issue with no Ordinary Shares held in treasury.  The figure of 29,215,555 may be used by the Company's shareholders as the denominator in the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure, Guidance and Transparency Rules.

 

Following Admission, Mr Arnold will beneficially hold 1,535,207 Ordinary Shares representing 5.25 per cent. of the Company's issued share capital.

 

 

Circle Property Plc              

 +44 (0)207 930 8503

John Arnold, CEO

Edward Olins, COO




 


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+44 (0)207 397 8900

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Mark Connelly

  



 


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+44 (0)203 897 1830

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Iain Daly




 


Camarco

+44 (0)203 757 4992

Ginny Pulbrook

Toby Strong


 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

John Arnold

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

Circle Property plc

b)

LEI

213800THDWL3FB11M760

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


Identification code

JE00BYP0CK63

b)

Nature of the transaction

Ordinary Shares issued in respect of accrued dividend pursuant to the Circle Property plc 2016 Long Term Incentive Plan

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

£2.17

32,160

d)

Aggregated information

N/A single transaction


Aggregated volume

N/A single transaction


Price

N/A single transaction

e)

Date of the transaction

14 October 2022

f)

Place of the transaction

XOFF

 

 

 

 

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