DJ Custodian Property Income REIT plc: Directors' purchase of ordinary shares
Custodian Property Income REIT plc (CREI)
Custodian Property Income REIT plc: Directors' purchase of ordinary shares
08-Feb-2024 / 12:06 GMT/BST
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8 February 2024
Custodian Property Income REIT plc
("the Company")
Directors' purchase of ordinary shares
Custodian Property Income REIT plc (LSE: CREI), which seeks to deliver an enhanced income return by investing in a
diversified portfolio of smaller, regional properties with strong income characteristics across the UK, announces the
purchase of ordinary shares in the Company by certain of its Independent Non-Executive Directors.
Consideration
Number of shares purchased
Director GBP000
David MacLellan 144,500 101
Chris Ireland 72,155 50
Malcolm Cooper 70,300 50
286,955 201
Following these purchases, the Directors' interests in ordinary shares of the Company are:
Number of shares % holding
Ian Mattioli[1] 6,069,506 1.38%
David MacLellan 144,500 0.03%
Chris Ireland 122,500 0.03%
Malcolm Cooper 115,300 0.03%
Elizabeth McMeikan 20,400 0.00%
Hazel Adam 19,566 0.00%
6,491,772 1.47%
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 February 2024 of the following transactions by Non-Executive Directors of the Company relating to the purchase of ordinary shares.
1 Details of the person discharging managerial responsibilities / person closely associated
David MacLellan
a) Names
Chris Ireland
Malcolm Cooper
2 Reason for the notification
David MacLellan - Non-Executive Director
a) Position/status Chris Ireland - Non-Executive Director
Malcolm Cooper - 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 Property Income 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
Director Price Volume
David MacLellan 70.1 pence 144,500
c) Price(s) and volume(s)
Chris Ireland 69.3 pence 72,155
Malcolm Cooper 70.8 pence 70,300
Aggregated information
d) - Aggregated volume
286,955
- Weighted average price
70.1 pence
Nature of the transactions
e) Purchase of shares
h) Date of the transactions
7 February 2024
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
Nathan Brown / George Shiel
Tel: +44 (0)20 7260 1000
www.numiscorp.com
FTI Consulting
Richard Sunderland / Andrew Davis / Oliver Parsons Tel: +44 (0)20 3727 1000 Tel: +44 (0)20 3727 1000
custodianreit@fticonsulting.com custodianreit@fticonsulting.com
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[1] Comprising shares held by Ian, his close family and a charitable trust under his control.
----------------------------------------------------------------------------------------------------------------------- Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
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ISIN: GB00BJFLFT45 Category Code: MSCH TIDM: CREI LEI Code: 2138001BOD1J5XK1CX76 OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State Sequence No.: 302641 EQS News ID: 1833629 End of Announcement EQS News Service =------------------------------------------------------------------------------------
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(END) Dow Jones Newswires
February 08, 2024 07:06 ET (12:06 GMT)
