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Regulatory News
30 Jul, 2024 15:30 30 Jul, 2024 15:30

Director/PDMR Shareholding

RNS Number : 4352Y
Sirius Real Estate Limited
30 July 2024
 

SIRIUS REAL ESTATE LIMITED

(Incorporated in Guernsey)

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)

Price(s)

(p/GBP)

 

Volume(s)

Total(s)

(p/GBP)

N/A

1,148,141

Nil

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)

Price(s)

(p/GBP)

 

Volume(s)

Total(s)

(p/GBP)

N/A

980,715

Nil

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)

Price(s)

(p/GBP)

 

Volume(s)

Total(s)

(p/GBP)

N/A

760,160

Nil

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)

Price(s)

(p/GBP)

 

Volume(s)

Total(s)

(p/GBP)

N/A

699,812

Nil

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)

Price(s)

(p/GBP)

 

Volume(s)

Total(s)

(p/GBP)

N/A

699,844

Nil

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)

Price(s)

(p/GBP)

 

Volume(s)

Total(s)

(p/GBP)

N/A

266,000

Nil

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)

Price(s)

(p/GBP)

 

Volume(s)

Total(s)

(p/GBP)

N/A

266,000

Nil

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)

Price(s)

(p/GBP)

 

Volume(s)

Total(s)

(p/GBP)

N/A

266,000

Nil

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)

Price(s)

(p/GBP)

 

Volume(s)

Total(s)

(p/GBP)

N/A

266,000

Nil

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)

Price(s)

(p/GBP)

 

Volume(s)

Total(s)

(p/GBP)

N/A

760,643

Nil

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)

Price(s)

(p/GBP)

 

Volume(s)

Total(s)

(p/GBP)

N/A

649,724

Nil

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)

Price(s)

(p/GBP)

 

Volume(s)

Total(s)

(p/GBP)

N/A

4,590

Nil

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)

Price(s)

(p/GBP)

 

Volume(s)

Total(s)

(p/GBP)

N/A

64,938

Nil

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)

Price(s)

(p/GBP)

 

Volume(s)

Total(s)

(p/GBP)

N/A

64,906

Nil

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

 

[email protected] 

+44 (0) 20 3727 1000

 

 


JSE Sponsor

PSG Capital


 

 

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