Director's Dealing • Mar 17, 2020
Director's Dealing
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National Storage Mechanism | Additional information
RNS Number : 4775G
Tritax Big Box REIT plc
17 March 2020
17 March 2020
TRITAX BIG BOX REIT PLC
(the "Company")
PURCHASE of Ordinary Shares AND PDMR Shareholdings
In accordance with article 19.3 of the Market Abuse Regulation, the Board of the Company announces that the below listed senior executives ("PDMRs") of the Investment Team of the Manager ("Tritax Management LLP") acquired shares today at 0.8103 pence per share. The beneficial interests of the PDMRs (and/or persons closely associated thereof) who have acquired shares are listed in the table below.
| PDMR | Position | Number of Management Shares issued | Number of Ordinary Shares held | % of issued share capital |
| Mark Shaw | Investment Team | 122,619 | 1,663,203 | 0.097 |
| Colin Godfrey1 | Investment Team | 122,619 | 1,629,066 | 0.095 |
| James Dunlop2 | Investment Team | 122,619 | 1,566,705 | 0.092 |
| Henry Franklin | Investment Team | 122,619 | 1,194,949 | 0.070 |
| Bjorn Hobart | Investment Team | 12,262 | 188,315 | 0.011 |
| Petrina Austin | Investment Team | 12,262 | 168,228 | 0.009 |
| Total | 515,000 | 6,410,466 | 0.374 |
1 122,619 shares have been acquired by Adam Godfrey (PCA of Colin Godfrey)
2 122,619 shares have been acquired by Caroline Dunlop (CEOPCA of James Dunlop)
FOR FURTHER INFORMATION, PLEASE CONTACT:
| Tritax Group Colin Godfrey (Partner, Fund Manager) Hana Beard (Group Company Secretary) |
via Maitland/AMO (below) |
| Maitland/AMO (Communications Adviser) James Benjamin |
Tel: 020 7379 5151 [email protected] |
| Jefferies International Limited Gary Gould Stuart Klein |
Tel: 020 7029 8000 |
| Akur Limited Anthony Richardson Tom Frost Siobhan Sergeant |
Tel: 020 7493 3631 |
The Company's LEI is: 213800L6X88MIYPVR714
NOTES:
Tritax Big Box REIT plc is the only listed vehicle dedicated to investing in very large logistics warehouse assets ("Big Boxes") in the UK and is committed to delivering attractive and sustainable returns for Shareholders. Investing in and actively managing existing built investments, land suitable for Big Box development and developments predominantly delivered through a pre-let forward funded basis, the Company focuses on large, well-located, modern Big Box logistics assets, let to institutional-grade tenants on long-term leases (typically at least 12 years in length) with upward-only rent reviews and geographic and tenant diversification throughout the UK. The Company seeks to exploit the significant opportunity in this sub-sector of the UK logistics market owing to strong tenant demand and limited supply of Big Boxes.
The Company is a real estate investment trust to which Part 12 of the UK Corporation Tax Act 2010 applies ("REIT"), is listed on the premium segment of the Official List of the UK Financial Conduct Authority and is a constituent of the FTSE 250, FTSE EPRA/NAREIT and MSCI indices.
Further information on Tritax Big Box REIT is available at www.tritaxbigbox.co.uk
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 | Mark Shaw | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | PDMR | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Tritax Big Box REIT plc | |||
| b) | LEI | 213800L6X88MIYPVR714 | |||
| 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 | Ordinary Shares of 1p each | |||
| Identification code | ISIN: GB00BG49KP99 | ||||
| b) | Nature of the transaction | Purchase of Ordinary Shares | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) - GBP | Volume(s) | ||||
| £0.8103 | 122,619 | ||||
| d) | Aggregated information | N/A | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transaction | 17 March 2020 | |||
| f) | Place of the transaction | London Stock Exchange (XLON) |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Adam Godfrey | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | PCA of PDMR (Colin Godfrey) | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Tritax Big Box REIT plc | |||
| b) | LEI | 213800L6X88MIYPVR714 | |||
| 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 | Ordinary Shares of 1p each | |||
| Identification code | ISIN: GB00BG49KP99 | ||||
| b) | Nature of the transaction | Purchase of Ordinary Shares | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) - GBP | Volume(s) | ||||
| £0.8103 | 122,619 | ||||
| d) | Aggregated information | N/A | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transaction | 17 March 2020 | |||
| f) | Place of the transaction | London Stock Exchange (XLON) |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Caroline Dunlop | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | PCA of PDMR (James Dunlop) | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Tritax Big Box REIT plc | |||
| b) | LEI | 213800L6X88MIYPVR714 | |||
| 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 | Ordinary Shares of 1p each | |||
| Identification code | ISIN: GB00BG49KP99 | ||||
| b) | Nature of the transaction | Purchase of Ordinary Shares | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) - GBP | Volume(s) | ||||
| £0.8103 | 122,619 | ||||
| d) | Aggregated information | N/A | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transaction | 17 March 2020 | |||
| f) | Place of the transaction | London Stock Exchange (XLON) |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Henry Franklin | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | PDMR | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Tritax Big Box REIT plc | |||
| b) | LEI | 213800L6X88MIYPVR714 | |||
| 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 | Ordinary Shares of 1p each | |||
| Identification code | ISIN: GB00BG49KP99 | ||||
| b) | Nature of the transaction | Purchase of Ordinary Shares | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) - GBP | Volume(s) | ||||
| £0.8103 | 122,619 | ||||
| d) | Aggregated information | N/A | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transaction | 17 March 2020 | |||
| f) | Place of the transaction | London Stock Exchange (XLON) |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Bjorn Hobart | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | PDMR | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Tritax Big Box REIT plc | |||
| b) | LEI | 213800L6X88MIYPVR714 | |||
| 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 | Ordinary Shares of 1p each | |||
| Identification code | ISIN: GB00BG49KP99 | ||||
| b) | Nature of the transaction | Purchase of ordinary shares | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) - GBP | Volume(s) | ||||
| £0.8103 | 12,262 | ||||
| d) | Aggregated information | N/A | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transaction | 17 March 2020 | |||
| f) | Place of the transaction | London Stock Exchange (XLON) |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Petrina Porter (née Austin) | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | PDMR | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Tritax Big Box REIT plc | |||
| b) | LEI | 213800L6X88MIYPVR714 | |||
| 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 | Ordinary Shares of 1p each | |||
| Identification code | ISIN: GB00BG49KP99 | ||||
| b) | Nature of the transaction | Purchase of ordinary shares | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) - GBP | Volume(s) | ||||
| £0.8103 | 12,262 | ||||
| d) | Aggregated information | N/A | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transaction | 17 March 2020 | |||
| f) | Place of the transaction | London Stock Exchange (XLON) |
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 [email protected] or visit www.rns.com.
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