DJ Custodian REIT plc: Director's purchase of ordinary shares
Custodian REIT plc (CREI) Custodian REIT plc: Director's purchase of ordinary shares 07-Jun-2022 / 11:16 GMT/BST Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
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7 June 2022
Custodian REIT plc
("Custodian REIT" or "the Company")
Director's purchase of ordinary shares
Custodian REIT (LSE: CREI), the UK property investment company focused on small lot-sizes, announces the purchase of 800,000 ordinary shares in the Company by Ian Mattioli, a Non-Executive Director.
David Hunter, Chairman of the Custodian REIT, commented: "This purchase demonstrates Ian's continued support of the Company and his alignment with the long-term interests of our shareholders, and also underlines the Board's view that the Company's current share price does not sufficiently reflect the true value of its net assets."
Following this purchase, Ian Mattioli and family[1] own 5,642,451 ordinary shares in the Company (representing a 1.28% holding).
The Directors of the Company are satisfied they are not in possession of any inside information which has not already been notified via a Regulatory Information Service.
Disclosure required by Article 19.3 of Regulation (EU) No. 596/2014 on market abuse (the "Market Abuse Regulations") regarding these purchases is set out below.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
The Company was notified on 7 June 2022 of the following transaction by Ian Mattioli, a Non-Executive Director of the Company, relating to the purchase of ordinary shares.
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name
Ian Mattioli
2 Reason for the notification
a) Position/status
Non-Executive Director
b) Initial notification /Amendment
Initial Notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
monitor
a) Name
Custodian REIT plc
b) LEI
2138001BOD1J5XK1CX76
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
Ordinary Shares of 1 pence per share
Description of the financial instruments, type of instruments
a)
Identification code
GB00BJFLFT45
b) Nature of the transactions
Purchase of Shares
Price Volume
c) Price(s) and volume(s)
98.911 pence 800,000
Aggregated information
d) - Aggregated volume
800,000
- Price
98.911 pence
Nature of the transactions
e) Purchase of shares
h) Date of the transactions
6 June 2022
i) Place of the transactions
London Stock Exchange
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. Upon publication of this announcement, this information is now considered to be in the public domain.
- Ends -
For further information, please contact:
Custodian Capital Limited
Richard Shepherd-Cross / Ed Moore / Ian Mattioli MBE Tel: +44 (0)116 240 8740
www.custodiancapital.com
Numis Securities Limited
Hugh Jonathan/Nathan Brown Tel: +44 (0)20 7260 1000
www.numiscorp.com
Camarco
Ed Gascoigne-Pees Tel: +44 (0)20 3757 4984
www.camarco.co.uk
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[1] Comprising shares held by Ian, his wife and a charitable trust under his control of 3,555,461 and 2,086,990 shares held by other persons closely associated.
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ISIN: GB00BJFLFT45 Category Code: MSCH TIDM: CREI LEI Code: 2138001BOD1J5XK1CX76 Sequence No.: 166735 EQS News ID: 1370105 End of Announcement EQS News Service =------------------------------------------------------------------------------------
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(END) Dow Jones Newswires
June 07, 2022 06:16 ET (10:16 GMT)
