Business
Purchases of Shares in Close
Purchases of Shares in Close.
About this update from Sirius Real Estate Limited
[{"type":"text","content":"\n RNS Number : 5413T Sirius Real Estate Limited 08 June 2009 \n \nSirius Real Estate Limited\n('SRE' or the 'Company')\n\nPurchases of Shares in Close Period\n\n \nThe Company has been informed that on 5 June 2009 Athol Trust and Springbok Trust acquired respectively 358,829 and 358,828 SRE shares at an average price of 20.1c per share.\n \nThis acquisition of shares in SRE was executed under the terms of a close period trading plan, which was entered into by Frank Oppenheim and Kevin Oppenheim, both of whom are directors of the Company's asset manager, on 31 March 2009 (prior to the commencement of the Company's current close period). This trading plan is to be executed by the Company's corporate broker, JPMorgan Cazenove, to purchase on their behalf and within certain pre-set parameters, ordinary shares in SRE and expires on the date on which the Company's Preliminary results to 31 March 2009 are announced.\n\nFrank Oppenheim and Kevin Oppenheim, both of whom are directors of the Company's asset manager, Principle Capital Sirius Real Estate Asset Management Limited, are the beneficiaries of, respectively, Athol Trust and Springbok Trust.\n \nIn addition, Frank and Kevin Oppenheim each indirectly hold 25% of the share capital of Staracre Limited, which owns 15,000,000 ordinary shares of the Company.\n\nFollowing the above acquisitions, Frank Oppenheim indirectly holds 9,528,914 ordinary shares of the Company representing 3.15% of the ordinary shares in issue. Kevin Oppenheim indirectly holds 9,528,916 ordinary shares of the Company representing 3.15% of the ordinary shares in issue.\nThis information is provided by RNSThe company news service from the London Stock Exchange END HOLSSEFDASUSEIM \n ","length":2996,"tagName":"div"}]