Business

Custodian Property Income REIT plc: Directors...

Custodian Property Income REIT plc: Directors....

articleCustodian Property Income Reit PlcFebruary 8, 20243/company/custodian-reit-plc/news/custodian-property-income-reit-plc-directors
Custodian Property Income REIT plc: Directors...

About this update from Custodian Property Income Reit Plc

[{"type":"text","content":"\n \n \n \n\n\t\n\n\n\n\n\n\n\n\n\n\n\nCustodian Property Income REIT plc (CREI)\n\n\n\n\n\n\nCustodian Property Income REIT plc: Directors’ purchase of ordinary shares 08-Feb-2024 / 12:06 GMT/BST\n\n\n\n \n\n\n8 February 2024\n\n \n\nCustodian Property Income REIT plc\n\n \n\n(“the Company”)\n\n \n\nDirectors’ purchase of ordinary shares \n\n \n\nCustodian 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.\n \n\n\n  \n\n Director\n \n \n Number of shares purchased\n \n \n Consideration\n\n £000\n \n \n David MacLellan\n \n \n 144,500\n \n \n 101\n \n \n Chris Ireland\n \n \n 72,155\n \n \n 50\n \n \n Malcolm Cooper\n \n \n 70,300\n \n \n 50\n \n \n  \n \n \n 286,955\n \n \n 201\n \n  \n\nFollowing these purchases, the Directors’ interests in ordinary shares of the Company are:\n\n \n\n\n  \n \n \n Number of shares\n \n \n % holding\n \n \n  \n \n \n  \n \n \n  \n \n \n Ian Mattioli[1]\n \n \n 6,069,506\n \n \n 1.38%\n \n \n David MacLellan\n \n \n 144,500\n \n \n 0.03%\n \n \n Chris Ireland\n \n \n 122,500\n \n \n 0.03%\n \n \n Malcolm Cooper\n \n \n 115,300\n \n \n 0.03%\n \n \n Elizabeth McMeikan\n \n \n 20,400\n \n \n 0.00%\n \n \n Hazel Adam\n \n \n 19,566\n \n \n 0.00%\n \n \n  \n \n \n  \n \n \n  \n \n \n  \n \n \n 6,491,772\n \n \n 1.47%\n \n  \n\nThe 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.\n\n \n\nDisclosure 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.\n\n \n\nNotification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them\n\n \n\nThe 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.  \n\n \n\n\n 1 \n \n \n Details of the...

More updates from Custodian Property Income Reit Plc