TIDMEBOX TIDMBOXE

RNS Number : 2421A

Tritax EuroBox PLC

22 May 2023

22 May 2023

TRITAX EUROBOX PLC

(the "Company")

MARKET PURCHASE OF ORDINARY SHARES AND PDMR SHAREHOLDINGS

The Company announces that, in accordance with the terms of the Investment Management Agreement between the Company and Tritax Management LLP (the "Manager") dated 14 June 2018 (as amended), pursuant to which 10 per cent. of the management fee (net of any applicable tax) shall be applied to subscribing for or acquiring ordinary shares of the Company ("Ordinary Shares") , on 18 May 2023 the Manager has purchased in the market a total of 293,120 Ordinary Shares at a price of 0.6816 pence per share, on behalf of the partners and certain employees of the Manager, including the persons discharging managerial responsibilities ("PDMRs") referred to below.

Following the purchases as outlined above, the beneficial interests of PDMRs (and/or persons closely associated thereof), members and certain employees of the Manager will be as follows:

 
        Name              Position          Number of          Number of        % of issued 
                                             Ordinary        Ordinary Shares    share capital 
                                          Shares acquired         held 
   Colin Godfrey 
         (1)                PDMR              13,694            395,871            0.0491 
                     -----------------  -----------------  -----------------  --------------- 
    James Dunlop            PDMR              13,694            395,870            0.0491 
                     -----------------  -----------------  -----------------  --------------- 
 Henry Franklin(2)          PDMR              9,131             265,774            0.0329 
                     -----------------  -----------------  -----------------  --------------- 
   Petrina Austin           PDMR              2,563              42,859            0.0053 
                     -----------------  -----------------  -----------------  --------------- 
    Phil Redding            PDMR              22,805            154,797            0.0192 
                     -----------------  -----------------  -----------------  --------------- 
   abrdn Holdings        Member of 
     Limited(3)          the Manager         148,571*           498,145            0.0617 
                     -----------------  -----------------  -----------------  --------------- 
    Partners and          Partners 
    Employees of        and Employees 
     the Manager       of the Manager        82,662*            669,238            0.0829 
                     -----------------  -----------------  -----------------  --------------- 
                 Total                       293,120           2,422,554           0.3002 
                                        -----------------  -----------------  --------------- 
 

1 6,847 shares were acquired by Harriet Godfrey and 6,847 shares were acquired by Adam Godfrey (PCA's of Colin Godfrey).

2 9,131 shares were acquired by Daisy Franklin (PCA of Henry Franklin).

(3 148,571 shares were acquired by Securities Services Nominees Limited, as nominee.)

(*In respect of abrdn Holdings Limited, previously called Aberdeen Asset Management plc; and the partners and employees of Tritax Management LLP, these figures only include Ordinary Shares issued or purchased pursuant to the management fee arrangements.)

FOR FURTHER INFORMATION, PLEASE CONTACT:

 
Tritax Group                          Tel: +44 (0) 20 7 290 7522 
   Hana Beard (Company Secretary) 
  Charles Chalkly (Investor Relations) 
  Kekst CNC (Communications Adviser)    Tel: +44 (0) 7971 578 507 
   Neil Maitland/Tom Climie              tritax@kekstcnc.com 
 

The Company's LEI is: 213800HK59N7H979QU33.

Notes:

Tritax EuroBox plc invests in and manages a well-diversified portfolio of well-located Continental European logistics real estate assets that are delivering an attractive capital return and secure income to shareholders. These assets fulfil key roles in the logistics and distribution supply-chain focused on the most established logistics markets and on the major population centres across core Continental European countries.

Occupier demand for Continental European logistics assets is in the midst of a major long-term structural change principally driven by the growth of e-commerce. This is evidenced by technological advancements, increased automation and supply-chain optimisation.

The Company's Manager, Tritax Management LLP, has assembled a full-service European logistics asset management capability including specialist "on the ground" asset and property managers with strong market standings in the Continental European logistics sector.

Further information on Tritax EuroBox plc is available at www.tritaxeurobox.co.uk

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                 Harriet Godfrey 
      -----------------------------------  ------------------------------------- 
       Reason for the notification 
  2 
      -------------------------------------------------------------------------- 
 a)    Position/status                      PCA of PDMR (Colin Godfrey) 
      -----------------------------------  ------------------------------------- 
 b)    Initial notification                 Initial notification 
        /Amendment 
      -----------------------------------  ------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------- 
 a)    Name                                 Tritax EuroBox plc 
      -----------------------------------  ------------------------------------- 
 b)    LEI                                  213800HK59N7H979QU33. 
      -----------------------------------  ------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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                   Ordinary Shares of EUR0.01 each 
        financial instrument, 
        type of instrument 
 
       Identification code                  ISIN: GB00BG382L74 
 
 b)    Nature of the transaction            Purchase of Ordinary Shares 
      -----------------------------------  ------------------------------------- 
 c)    Price(s) and volume(s) 
                                            --------------------  ------------ 
                                             Price(s) - GBP        Volume(s) 
                                            --------------------  ------------ 
                                             0.6816                6,847 
                                            --------------------  ------------ 
 
 d)    Aggregated information               N/A 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction              18 May 2023 
      -----------------------------------  ------------------------------------- 
 f)    Place of the transaction             London Stock Exchange (XLON) 
      -----------------------------------  ------------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                 Adam Godfrey 
      -----------------------------------  ------------------------------------- 
       Reason for the notification 
  2 
      -------------------------------------------------------------------------- 
 a)    Position/status                      PCA of PDMR (Colin Godfrey) 
      -----------------------------------  ------------------------------------- 
 b)    Initial notification                 Initial notification 
        /Amendment 
      -----------------------------------  ------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------- 
 a)    Name                                 Tritax EuroBox plc 
      -----------------------------------  ------------------------------------- 
 b)    LEI                                  213800HK59N7H979QU33. 
      -----------------------------------  ------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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                   Ordinary Shares of EUR0.01 each 
        financial instrument, 
        type of instrument 
 
       Identification code                  ISIN: GB00BG382L74 
 
 b)    Nature of the transaction            Purchase of Ordinary Shares 
      -----------------------------------  ------------------------------------- 
 c)    Price(s) and volume(s) 
                                            --------------------  ------------ 
                                             Price(s) - GBP        Volume(s) 
                                            --------------------  ------------ 
                                             0.6816                6,847 
                                            --------------------  ------------ 
 
 d)    Aggregated information               N/A 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction              18 May 2023 
      -----------------------------------  ------------------------------------- 
 f)    Place of the transaction             London Stock Exchange (XLON) 
      -----------------------------------  ------------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                 James Dunlop 
      -----------------------------------  ------------------------------------- 
       Reason for the notification 
  2 
      -------------------------------------------------------------------------- 
 a)    Position/status                      PDMR 
      -----------------------------------  ------------------------------------- 
 b)    Initial notification                 Initial notification 
        /Amendment 
      -----------------------------------  ------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------- 
 a)    Name                                 Tritax EuroBox plc 
      -----------------------------------  ------------------------------------- 
 b)    LEI                                  213800HK59N7H979QU33. 
      -----------------------------------  ------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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                   Ordinary Shares of EUR0.01 each 
        financial instrument, 
        type of instrument 
 
       Identification code                  ISIN: GB00BG382L74 
 
 b)    Nature of the transaction            Purchase of Ordinary Shares 
      -----------------------------------  ------------------------------------- 
 c)    Price(s) and volume(s) 
                                            --------------------  ------------ 
                                             Price(s) - GBP        Volume(s) 
                                            --------------------  ------------ 
                                             0.6816                13,694 
                                            --------------------  ------------ 
 
 d)    Aggregated information               N/A 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction              18 May 2023 
      -----------------------------------  ------------------------------------- 
 f)    Place of the transaction             London Stock Exchange (XLON) 
      -----------------------------------  ------------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                 Daisy Franklin 
      -----------------------------------  ------------------------------------- 
       Reason for the notification 
  2 
      -------------------------------------------------------------------------- 
 a)    Position/status                      PCA of PDMR (Henry Franklin) 
      -----------------------------------  ------------------------------------- 
 b)    Initial notification                 Initial notification 
        /Amendment 
      -----------------------------------  ------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------- 
 a)    Name                                 Tritax EuroBox plc 
      -----------------------------------  ------------------------------------- 
 b)    LEI                                  213800HK59N7H979QU33. 
      -----------------------------------  ------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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                   Ordinary Shares of EUR0.01 each 
        financial instrument, 
        type of instrument 
 
       Identification code                  ISIN: GB00BG382L74 
 
 b)    Nature of the transaction            Purchase of Ordinary Shares 
      -----------------------------------  ------------------------------------- 
 c)    Price(s) and volume(s) 
                                            --------------------  ------------ 
                                             Price(s) - GBP        Volume(s) 
                                            --------------------  ------------ 
                                             0.6816                9,131 
                                            --------------------  ------------ 
 
 d)    Aggregated information               N/A 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction              18 May 2023 
      -----------------------------------  ------------------------------------- 
 f)    Place of the transaction             London Stock Exchange (XLON) 
      -----------------------------------  ------------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                 Petrina Porter ( née Austin) 
      -----------------------------------  --------------------------------------- 
       Reason for the notification 
  2 
      ---------------------------------------------------------------------------- 
 a)    Position/status                      PDMR 
      -----------------------------------  --------------------------------------- 
 b)    Initial notification                 Initial notification 
        /Amendment 
      -----------------------------------  --------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------------- 
 a)    Name                                 Tritax EuroBox plc 
      -----------------------------------  --------------------------------------- 
 b)    LEI                                  213800HK59N7H979QU33. 
      -----------------------------------  --------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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                   Ordinary Shares of EUR0.01 each 
        financial instrument, 
        type of instrument 
 
       Identification code                  ISIN: GB00BG382L74 
 
 b)    Nature of the transaction            Purchase of Ordinary Shares 
      -----------------------------------  --------------------------------------- 
 c)    Price(s) and volume(s) 
                                            ---------------------  ------------- 
                                             Price(s) - GBP         Volume(s) 
                                            ---------------------  ------------- 
                                             0.6816                 2,563 
                                            ---------------------  ------------- 
 
 d)    Aggregated information               N/A 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction              18 May 2023 
      -----------------------------------  --------------------------------------- 
 f)    Place of the transaction             London Stock Exchange (XLON) 
      -----------------------------------  --------------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                 Phil Redding 
      -----------------------------------  ------------------------------------- 
       Reason for the notification 
  2 
      -------------------------------------------------------------------------- 
 a)    Position/status                      PDMR 
      -----------------------------------  ------------------------------------- 
 b)    Initial notification                 Initial notification 
        /Amendment 
      -----------------------------------  ------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------- 
 a)    Name                                 Tritax EuroBox plc 
      -----------------------------------  ------------------------------------- 
 b)    LEI                                  213800HK59N7H979QU33. 
      -----------------------------------  ------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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                   Ordinary Shares of EUR0.01 each 
        financial instrument, 
        type of instrument 
 
       Identification code                  ISIN: GB00BG382L74 
 
 b)    Nature of the transaction            Purchase of Ordinary Shares 
      -----------------------------------  ------------------------------------- 
 c)    Price(s) and volume(s) 
                                            --------------------  ------------ 
                                             Price(s) - GBP        Volume(s) 
                                            --------------------  ------------ 
                                             0.6816                22,805 
                                            --------------------  ------------ 
 
 d)    Aggregated information               N/A 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction              18 May 2023 
      -----------------------------------  ------------------------------------- 
 f)    Place of the transaction             London Stock Exchange (XLON) 
      -----------------------------------  ------------------------------------- 
 

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May 22, 2023 10:59 ET (14:59 GMT)

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