Irish Residential Properties REIT

Director's Dealing • Jul 11, 2019

National Storage Mechanism | Additional information

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RNS Number : 2247F

Irish Residential Prop REIT PLC

11 July 2019

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

MARGARET SWEENEY

2

Reason for the 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

IRISH RESIDENTIAL PROPERTIES REIT PLC

b)

LEI

635400EOPACLULRENY18

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

(I)           ORDINARY SHARES OF €0.10 EACH 

IDENTIFICATION CODE: IE00BJ34P519

(II)          GRANT OF SHARE OPTIONS TO SUBSCRIBE FOR ORDINARY SHARES OF €0.10 EACH

b)

Nature of the transaction  

(I)           PURCHASE OF SHARES

(II)          GRANT OF SHARE OPTIONS TO SUBSCRIBE FOR 1,294,038 ORDINARY SHARES OF €0.10 EACH IN ACCORDANCE WITH AND SUBJECT TO THE IRISH RESIDENTIAL PROPERTIES REIT PLC LONG TERM INCENTIVE PLAN 2014 (AS AMENDED IN NOVEMBER 2015)

c)

Price(s) and volume(s)

(I)          

Price(s)	Volume(s)
€1.55	14,951

(II)         

Price(s)	Volume(s)
NIL	SHARE OPTIONS OVER 1,294,038 ORDINARY SHARES WITH AN EXERCISE PRICE OF €1.682 PER ORDINARY SHARE

d)

Aggregated information

- Aggregated volume

- Price

(I)           14,951 ORDINARY SHARES

AVERAGE PRICE OF €1.55 PER ORDINARY SHARE

(II)          NIL - SHARE OPTIONS IN THE FORM OF OPTIONS OVER 1,294,038 ORDINARY SHARES OF €0.10 EACH WITH AN EXERCISE PRICE OF €1.682 (BEING THE CLOSING PRICE ON THE GRANT DATE) PER ORDINARY SHARE

e)

Date of the transaction

(I)           10 JULY 2019

(II)          10 JULY 2019

f)

Place of the transaction

(I)           EURONEXT DUBLIN

(II)          OUTSIDE A TRADING VENUE

g)

Additional Information

NONE

This announcement has been issued through the Companies Announcement Service of Euronext Dublin.

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