Grit Real Estate Income Group (GR1T)
PDMR transfers
28-Sep-2023 / 07:00 GMT/BST
GRIT REAL ESTATE INCOME GROUP LIMITED
(Registered in Guernsey)
(Registration number: 68739)
LSE share code: GR1T
SEM share codes (dual currency trading):
DEL.N0000 (USD) / DEL.C0000 (MUR)
ISIN: GG00BMDHST63
LEI: 21380084LCGHJRS8CN05
(“Grit” or the “Company” and, together with its subsidiaries, the "Group")
PDMR & PCA DEALING
Grit Real Estate Income Group Limited has been notified that Persons Discharging Managerial Responsibilities ("PDMR") for the purposes of the Market Abuse Regulation ("MAR") have transferred previously vested long term incentive plan (LTI) shares from the Grit Executive Share Trust to their personal and trust accounts. Following these transfers there is no change in previously announced PDMR shareholdings in the Company.
The Notification of Transaction Forms provided in accordance with the requirements of the MAR in relation to the transaction mentioned above are set out below.
The Company also announces that its UK Financial Adviser and Broker, finnCap Ltd, has changed its name to Cavendish Capital Markets Limited.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Grit Real Estate Income Group Limited
Bronwyn Knight, Chief Executive Officer
+230 269 7090
Darren Veenhuis,Corporate Finance & Investor Relations
+44 779 512 3402
Cavendish Capital Markets Limited - UK Financial Adviser
William Marle / Teddy Whiley (Corporate Finance)
+44 20 7220 5000
Mark Whitfeld / Pauline Tribe (Sales)
+44 20 3772 4697
Monica Tepes (Research)
+44 20 3772 4698
Perigeum Capital Ltd - SEM Authorised Representative and Sponsor
Shamin A. Sookia
+230 402 0894
Kesaven Moothoosamy
+230 402 0898
Capital Markets Brokers Ltd - Mauritian Sponsoring Broker
Elodie Lan Hun Kuen
+230 402 0285
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1
Details of the person discharging managerial responsibilities/person closely associated
a.
Name of PDMR
Ms. Bronwyn Knight
b.
Name of PCA
The Kenzlex Trust
c.
Relationship of PDMR to PCA
Settlor and Beneficiary
2
Reason for notification
a.
Position/Status
Chief Executive Officer
b.
Initial notification/
Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
GRIT REAL ESTATE INCOME GROUP LIMITED
b.
LEI
21380084LCGHJRS8CN05
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
Identification Code
Ordinary Shares of No Par Value
GG00BMDHST63
b.
Nature of the transaction
Transfer of Ordinary Shares from the Grit Executive Share Trust to the account of a PCA
c.
Price(s) and volume(s)
Price(s)
Volume(s)
Total
Nil
875,362
Nil
d.
Aggregated information
- Aggregated Volume
- Price
Single transaction
As mentioned above
e.
Date of the transaction
27 September 2023
f.
Place of the transaction
On market transaction – Stock exchange of Mauritius
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1
Details of the person discharging managerial responsibilities/person closely associated
a.
Name of PDMR
Leon van de Moortele
b.
Name of PCA
Cuckoos Nest Trust
c.
Relationship of PDMR to PCA
Settlor and Beneficiary
2
Reason for notification
a.
Position/Status
Chief Financial Officer
b.
Initial notification/
Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
GRIT REAL ESTATE INCOME GROUP LIMITED
b.
LEI
21380084LCGHJRS8CN05
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
Identification Code
Ordinary Shares of No Par Value
GG00BMDHST63
b.
Nature of the transaction
Transfer of Ordinary Shares from the Grit Executive Share Trust to the account of a PCA
c.
Price(s) and volume(s)
Price(s)
Volume(s)
Total
Nil
489,460
Nil
d.
Aggregated information
- Aggregated Volume
- Price
Single transaction
As mentioned above
e.
Date of the transaction
27 September 2023
f.
Place of the transaction
On market transaction – Stock exchange of Mauritius
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1
Details of the person discharging managerial responsibilities/person closely associated
a.
Name of PDMR
Moira van der Westhuizen
b.
Name of PCA
N/A
c.
Relationship of PDMR to PCA
N/A
2
Reason for notification
a.
Position/Status
Head of Responsible Business
b.
Initial notification/
Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
GRIT REAL ESTATE INCOME GROUP LIMITED
b.
LEI
21380084LCGHJRS8CN05
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
Identification Code
Ordinary Shares of No Par Value
GG00BMDHST63
b.
Nature of the transaction
Transfer of Ordinary Shares from the Grit Executive Share Trust to a personal account
c.
Price(s) and volume(s)
Price(s)
Volume(s)
Total
Nil
152,064
Nil
d.
Aggregated information
- Aggregated Volume
- Price
Single transaction
As mentioned above
e.
Date of the transaction
27 September 2023
f.
Place of the transaction
On market transaction – Stock exchange of Mauritius
This notice is issued pursuant to the FCA Listing Rules and SEM Listing Rule 15.24 and the Mauritian Securities Act 2005. The Board of the Company accepts full responsibility for the accuracy of the information contained in this communiqué.
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
