Glenveagh Properties Plc — Director's Dealing 2025

May 7, 2025

National Storage Mechanism | Additional information

RNS Number : 7484H

Glenveagh Properties plc

07 May 2025

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

Teleios Capital Partners LLC ("TCP")

Reason for the notification

a)

Position/status

A person closely associated with a person discharging managerial responsibilities. Max Steinebach Non-executive Director

b)

Initial Notification Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Glenveagh Properties plc ("GLV")

b)

LEI

635400QUQ2YYGMOAK834

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

Shares in Teleios Global Opportunities Master Fund ("TGOMF"), a collective investment scheme, which is a holder of Ordinary Shares of €0.001 each in the capital of Glenveagh Properties plc (ISIN: IE00BD6JX574), directly and via its wholly owned subsidiary, Teleios Opportunities Special Investment 2.

b)

Nature of the transaction  

Indirect subscription for shares in TGOMF, a collective investment scheme, which financial instruments are linked to the Ordinary Shares of GLV where the Ordinary Shares of GLV constitute more than 20% of the Net Asset Value ("NAV") of TGOMF

c)

Price(s) and volume(s)

Price(s)	Volume(s)
1.644	877,224

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

e)

Date of the transaction

2025-05-02

f)

Place of the transaction

Outside a trading venue

g)

Additional Information

TCP, via its wholly owned subsidiary, Teleios Global Opportunities GP LTD, subscribed for shares in TGOMF on 2 May 2025.  TGOMF holds a portfolio of equities which includes Ordinary Shares in GLV, which are held by TGOMF directly and via its wholly owned subsidiary, Teleios Opportunities Special Investment 2.

This filing is being made because GLV represents more than 20% of the NAV exposure of TGOMF. As a result, TCP is deemed to have indirectly acquired an increased interest in GLV shares.

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

Max Steinebach

Reason for the notification

a)

Position/status

A person discharging managerial responsibilities.

b)

Initial Notification Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Glenveagh Properties plc ("GLV")

b)

LEI

635400QUQ2YYGMOAK834

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

Shares in Teleios Global Opportunities Master Fund, Ltd ("TGOMF") a collective investment scheme, which is a holder of Ordinary Shares of €0.001 each in the capital of Glenveagh Properties plc (ISIN: IE00BD6JX574) directly and via its wholly owned subsidiary, Teleios Opportunities Special Investment 2.

b)

Nature of the transaction  

Indirect subscription for shares in TGOMF, a collective investment scheme, which financial instruments are linked to the Ordinary Shares of GLV where the Ordinary Shares of GLV constitute more than 20% of the Net Asset Value ("NAV") of TGOMF.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
1.644	236,424

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

e)

Date of the transaction

2025-05-02

f)

Place of the transaction

Outside a trading venue

g)

Additional Information

Max Steinebach ("Max") is an employee of Teleios Capital Partners LLC ("TCP") and is a non-executive director of GLV.

TCP, via its wholly owned subsidiary, Teleios Global Opportunities GP LTD, subscribed for shares in TGOMF on 2 May 2025.  TGOMF holds a portfolio of equities which includes Ordinary Shares in GLV which are held by TGOMF directly and via its wholly owned subsidiary, Teleios Opportunities Special Investment 2.

Effective 2 May2025, Max is contractually entitled to a portion of the shares subscribed for by TCP in TGOMF, as per the disclosure made in 4(c) above.

This filing is being made because GLV represents more than 20% of the NAV exposure of TGOMF. As a result, both TCP and Max are deemed to have indirectly acquired an increased interest in GLV shares.

TCP is deemed a person closely associated with Max for the purposes of the Market Abuse Regulation. A separate notification has therefore been made by TCP in respect of its interest in ordinary shares of GLV (as referred to above) in accordance with Article 19 of Regulation (EU) No 596/2014.

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