TIDMRGL

RNS Number : 7308X

Regional REIT Limited

20 December 2019

20 December 2019

Regional REIT Limited (the "Company")

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them ("PCA").

The Company announces that Stephen Inglis, CEO of the asset manager to the Company sold 350,000 Ordinary Shares in the Company on 20 December 2019 at a price of GBP1.115195 per share. These shares have been sold to meet the tax obligations and charitable commitments of the Inglis family.

Following the transaction, the Inglis family retains a holding of 2,523,231 Ordinary Shares in the Company (0.59% of the available share capital).

This notification is made in accordance with the Market Abuse Regulation.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                            Stephen J Inglis 
     ------------------------------  ----------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                 PDMR (Director) 
     ------------------------------  ----------------------------------- 
 b)   Initial notification            Initial notification 
       /Amendment 
     ------------------------------  ----------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                            Regional REIT Limited 
     ------------------------------  ----------------------------------- 
 b)   LEI                             549300D8G4NKLRIKBX73 
     ------------------------------  ----------------------------------- 
 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              Ordinary Shares of no par value 
       financial instrument, 
       type of instrument 
 
       Identification code             ISIN: GG00BYV2ZQ34 
     ------------------------------  ----------------------------------- 
 b)   Nature of the transaction       Sale of Shares 
     ------------------------------  ----------------------------------- 
 c)   Price(s) and volume(s)           Price(s)       Volume(s) 
                                        GBP1.115195    350,000 
                                                      ---------- 
     ------------------------------  ----------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume              350,000 
 
 
       - Price                          GBP1.115195 
 
 
       - Total                          GBP 390,318.25 
     ------------------------------  ----------------------------------- 
 e)   Date of the transaction         20 December 2019 
     ------------------------------  ----------------------------------- 
 f)   Place of the transaction        London Stock Exchange (XLON) 
     ------------------------------  -----------------------------------

LEI: 549300D8G4NKLRIKBX73

Enquiries:

 
Regional REIT Limited 
 
Toscafund Asset Management                                 Tel: +44 (0) 20 7845 6100 
Investment Manager to the Group 
Adam Dickinson, Investor Relations, Regional REIT Limited 
 
 
London & Scottish Property Investment Management           Tel: +44 (0) 141 248 4155 
Asset Manager to the Group 
Stephen Inglis 
 
 
Buchanan Communications                                    Tel: +44 (0) 20 7466 5000 
Financial PR                                               regional@buchanan.uk.com 
Charles Ryland / Victoria Hayns / Henry Wilson

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.

END

DSHFEMFWSFUSEFE

(END) Dow Jones Newswires

December 20, 2019 12:45 ET (17:45 GMT)

Grafico Azioni Regional Reit (LSE:RGL)
Storico
Da Mar 2024 a Apr 2024 Clicca qui per i Grafici di Regional Reit
Grafico Azioni Regional Reit (LSE:RGL)
Storico
Da Apr 2023 a Apr 2024 Clicca qui per i Grafici di Regional Reit