12th May 2020 17:30
12 May 2020
Secure Income REIT Plc
(the "Company")
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Prestbury Incentives Limited ("Prestbury"), together with certain of the Company's independent directors and two senior Prestbury staff members have today purchased 100,000 shares in Secure Income REIT Plc ("SIR") in the market for a total of £250,000.
Prestbury is owned by the SIR management team: Nick Leslau, Mike Brown, Sandy Gumm, Tim Evans and Ben Walford. Martin Moore, the Company's Chairman, Leslie Ferrar and Ian Marcus, Independent Directors, and two senior Prestbury staff also purchased shares on the same terms.
The Management team have acquired these shares following the recent weakness in the share price to add to their existing collective holding of 39,961,546 shares bringing their total holding to 40,045,583.
Holdings following the purchases today are as follows:
| Position prior to 12 May purchases | Shares held after purchases |
|
|
|
Prestbury Incentives Limited | 19,059,132 | 19,143,169 |
Other entities associated with the Prestbury management team | 18,034,551 | 18,034,551 |
Nick Leslau | 1,491,709 | 1,491,709 |
Mike Brown | 1,183,580 | 1,183,580 |
Sandy Gumm | 192,574 | 192,574 |
Prestbury management team holdings | 39,961,546 | 40,045,583 |
Martin Moore | 118,357 | 122,558 |
Leslie Ferrar | 22,739 | 24,419 |
Ian Marcus | 87,002 | 91,203 |
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Prestbury Incentives Limited | |||
2
| Reason for the notification
| ||||
a)
| Position/status | PCA of Nick Leslau (Director) | |||
b)
| Initial notification /Amendment
| Initial | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name | Secure Income REIT Plc | |||
b)
| LEI
| 213800M1VI451RU17H40 | |||
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 | |||
Identification code | GB00BLMQ9L68 | ||||
b)
| Nature of the transaction
| Purchase of shares in the market | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
250p | 84,037 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 84,037 shares | ||||
- Price | 250p | ||||
e)
| Date of the transaction
| 12 May 2020 | |||
f)
| Place of the transaction | London Stock Exchange | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Martin Moore | |||
2
| Reason for the notification
| ||||
a)
| Position/status | Non-executive chairman | |||
b)
| Initial notification /Amendment
| Initial | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name | Secure Income REIT Plc | |||
b)
| LEI
| 213800M1VI451RU17H40 | |||
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 | |||
Identification code | GB00BLMQ9L68 | ||||
b)
| Nature of the transaction
| Purchase of shares in the market | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
250p | 4,201 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 4,201 shares | ||||
- Price | 250p | ||||
e)
| Date of the transaction
| 12 May 2020 | |||
f)
| Place of the transaction | London Stock Exchange | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Ian Marcus | |||
2
| Reason for the notification
| ||||
a)
| Position/status | Independent non-executive director | |||
b)
| Initial notification /Amendment
| Initial | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name | Secure Income REIT Plc | |||
b)
| LEI
| 213800M1VI451RU17H40 | |||
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 | |||
Identification code | GB00BLMQ9L68 | ||||
b)
| Nature of the transaction
| Purchase of shares in the market | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
250p | 4,201 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 4,201 shares | ||||
- Price | 250p | ||||
e)
| Date of the transaction
| 12 May 2020 | |||
f)
| Place of the transaction | London Stock Exchange | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Leslie Ferrar | |||
2
| Reason for the notification
| ||||
a)
| Position/status | Independent non-executive director | |||
b)
| Initial notification /Amendment
| Initial | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name | Secure Income REIT Plc | |||
b)
| LEI
| 213800M1VI451RU17H40 | |||
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 | |||
Identification code | GB00BLMQ9L68 | ||||
b)
| Nature of the transaction
| Purchase of shares in the market | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
250p | 1,680 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 1,680 shares | ||||
- Price | 250p | ||||
e)
| Date of the transaction
| 12 May 2020 | |||
f)
| Place of the transaction | London Stock Exchange | |||
Related Shares:
SIR.L