RDI REIT PLC PDMR Share Dealing (5589G)
July 24 2019 - 5:00AM
UK Regulatory
TIDMRDI
RNS Number : 5589G
RDI REIT PLC
24 July 2019
RDI REIT P.L.C.
("RDI" or the "Company")
(Registered number 010534V)
LSE share code: RDI
JSE share code: RPL
ISIN: IM00BH3JLY32
LEI: 2138006NHZUMMRYQ1745
PDMR Share Dealing
RDI advises that, on 18 July 2019, Ellwain Investments (PTY)
Limited ("Ellwain") received a dividend in specie from the RBH
Hotel Group Limited of 55,445 ordinary shares in RDI. Marc Wainer
is a 50% shareholder in Ellwain and a Non-executive Director of
RDI.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Marc Wainer
-------------------------- ---------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------
a) Position/status Non-Executive Director
-------------------------- ---------------------------------------------
b) Initial notification Initial
/Amendment
-------------------------- ---------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------
a) Name RDI REIT P.L.C.
-------------------------- ---------------------------------------------
b) LEI 2138006NHZUMMRYQ1745
-------------------------- ---------------------------------------------
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 Shares
financial instrument,
type of instrument
2138006NHZUMMRYQ1745
Identification code
-------------------------- ---------------------------------------------
b) Nature of the transaction RBH Hotel Group Limited distributed
a dividend in specie to Ellwain Investments
(PTY) Limited, of which Marc Wainer
is a 50% shareholder
-------------------------- ---------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
111.80pence 27,723
----------
-------------------------- ---------------------------------------------
d) Aggregated information
- Aggregated volume 27,723
- Price GBP30,994.31
-------------------------- ---------------------------------------------
e) Date of the transaction 2019-07-18
-------------------------- ---------------------------------------------
f) Place of the transaction Off market transaction
-------------------------- ---------------------------------------------
For further information:
RDI REIT P.L.C.
Mike Watters, Stephen Oakenfull Tel: +44 (0) 20 7811
0100
FTI Consulting
UK Public Relations Adviser
Dido Laurimore, Claire Turvey, Ellie Sweeney Tel: +44 (0) 20 3727
1000
Instinctif Partners
SA Public Relations Adviser
Frederic Cornet Tel: +27 (0) 11 447
3030
JSE Sponsor
Java Capital Tel: + 27 (0) 11
722 3050
Note to editors:
About RDI
RDI is an income focused UK-REIT with a diversified portfolio
invested principally in the UK. The investment approach is driven
by an in depth understanding of occupational demand including the
impact of technology, transport and infrastructure investment. The
portfolio has been repositioned in recent years to increase its
weighting to London and the South East and to provide greater
exposure to our leading hotel and serviced office operating
platforms.
RDI is committed to delivering attractive income led total
returns across the real estate cycle. The current strategic
objectives of a lower leverage capital structure and more focused
allocation of capital are targeted at delivering an industry
leading and sustainable income return.
RDI is a UK Real Estate Investment Trust (UK-REIT) and holds a
primary listing on the London Stock Exchange and a secondary
listing on the JSE. The Company is included within the EPRA, GPR,
JSE All Property and JSE Tradeable Property indices.
For more information on RDI, please refer to the Company's
website www.rdireit.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHRIMPTMBJTMRL
(END) Dow Jones Newswires
July 24, 2019 05:00 ET (09:00 GMT)
Rdi Reit P.l.c (LSE:RDI)
Historical Stock Chart
From Jul 2024 to Jul 2024
Rdi Reit P.l.c (LSE:RDI)
Historical Stock Chart
From Jul 2023 to Jul 2024