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RDI REIT PLC - PDMR Share Dealing

Release Date: 02/12/2020 11:00
Code(s): RPL     PDF:  
Wrap Text
PDMR Share Dealing

RDI REIT P.L.C.
(“RDI” or the “Company”)
(Incorporated in the Isle of Man)
(Registered number 010534V)
LSE share code: RDI
JSE share code: RPL
ISIN: IM00BH3JLY32
LEI: 2138006NHZUMMRYQ1745


PDMR SHARE DEALING


Further to the announcement on 1 December 2020, regarding the vesting of deferred bonus share awards to the
executive Directors and Persons Discharging Managerial Responsibility (“PDMR”) under the Company’s STIP, each of
the participants has today been issued with the shares shown below.

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                               Mike Watters
 2    Reason for the notification
 a)   Position/status                    CEO
 b)   Initial notification /Amendment    Initial
 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 financial       Shares
      instrument, type of instrument

      Identification code                2138006NHZUMMRYQ1745
 b)   Nature of the transaction          Vesting of deferred bonus awards
 c)   Price(s) and volume(s)             Price(s)                   Volume(s)

                                         92.8 pence                 115,827

 d)   Aggregated information

      - Aggregated volume                115, 827

      - Price                            £107,487
 e)   Date of the transaction            2020-12-02
 f)   Place of the transaction           Off market transaction

 1    Details of the person discharging managerial responsibilities / person closely associated
 a)   Name                               Stephen Oakenfull
 2    Reason for the notification
 a)   Position/status                    Deputy CEO
 b)   Initial notification /Amendment    Initial
 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 financial        Shares
     instrument, type of instrument

     Identification code                 2138006NHZUMMRYQ1745
b)   Nature of the transaction           Vesting of deferred bonus awards
c)   Price(s) and volume(s)              Price(s)                   Volume(s)

                                         92.8 pence                 45,311

d)   Aggregated information

     - Aggregated volume                 45,311

     - Price                             £42,049
e)   Date of the transaction             2020-12-02
f)   Place of the transaction            Off market transaction

1    Details of the person discharging managerial responsibilities / person closely associated

a)   Name                                Adrian Horsburgh
2    Reason for the notification
a)   Position/status                     Property Director
b)   Initial notification /Amendment     Initial
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 financial        Shares
     instrument, type of instrument

     Identification code                 2138006NHZUMMRYQ1745
b)   Nature of the transaction           Vesting of deferred bonus awards
c)   Price(s) and volume(s)              Price(s)                   Volume(s)

                                         92.8 pence                 74,977

d)   Aggregated information


     - Aggregated volume                 74,977


     - Price                             £69,579
e)   Date of the transaction             2020-12-02
f)   Place of the transaction            Off market transaction

1    Details of the person discharging managerial responsibilities / person closely associated

a)   Name                                Donald Grant
2    Reason for the notification
a)   Position/status                     CFO
b)   Initial notification /Amendment     Initial
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 financial       Shares
      instrument, type of instrument

      Identification code                2138006NHZUMMRYQ1745
 b)   Nature of the transaction          Vesting of deferred bonus awards
 c)   Price(s) and volume(s)             Price(s)                   Volume(s)

                                         92.8 pence                 38,323

 d)   Aggregated information


      - Aggregated volume                38,323

      - Price                            £35,564
 e)   Date of the transaction            2020-12-02
 f)   Place of the transaction           Off market transaction

For further information:

RDI REIT P.L.C.
Stephen Oakenfull, Donald Grant                                                Tel: +44 (0) 20 7811 0100

FTI Consulting
UK Public Relations Adviser
Dido Laurimore, Claire Turvey                                                  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

2 December 2020

Note to editors:

About RDI

RDI is an income focused UK Real Estate Investment Trust (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 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

Date: 02-12-2020 11:00:00
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