LXI REIT PLC — Director's Dealing 2022

Feb 14, 2022

National Storage Mechanism | Additional information

RNS Number : 5023B

LXI REIT PLC

14 February 2022

LXi REIT PLC (LEI: 2138008YZGXOKAXQVI45)

(the "Company")

14 February 2022

DIRECTOR/PDmR SHAREHOLDING

LXi REIT plc announces the following purchases of ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 142 pence per share, pursuant to the Subsequent Issue as announced on 10 February 2022:

1.    Cyrus Ardalan (Non-Executive Director and Chairman Designate) purchased 206,000 Ordinary Shares;

2.    Patricia Dimond (Non-Executive Director) purchased 14,084 Ordinary Shares; and

3.    Ismat Levin (Non-Executive Director) purchased 14,084 Ordinary Shares.

Enquiries:

Jenny Thompson/Brian Smith
Sanne Fund Services (UK) Limited	020 3327 9720
Company Secretary

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

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

Cyrus Ardalan

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

LXi REIT plc

b)

LEI

2138008YZGXOKAXQVI45

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 1 pence each

Identification code

ISIN	GB00BYQ46T41

b)

Nature of the transaction

Purchase of Ordinary Shares pursuant to the Subsequent Issue as announced on 10 February 2022

c)

Price(s) and volume(s)

Price(s)

Volume(s)

142p per share

206,000

d)

Aggregated information

- Aggregated volume

206,000

- Price

£292,520.00

e)

Date of the transaction

14 February 2022

f)

Place of the transaction

London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Patricia Dimond

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

LXi REIT plc

b)

LEI

2138008YZGXOKAXQVI45

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 1 pence each

Identification code

ISIN	GB00BYQ46T41

b)

Nature of the transaction

Purchase of Ordinary Shares pursuant to the Subsequent Issue as announced on 10 February 2022

c)

Price(s) and volume(s)

Price(s)

Volume(s)

142p per share

14,084

d)

Aggregated information

- Aggregated volume

14,084

- Price

£19,999.28

e)

Date of the transaction

14 February 2022

f)

Place of the transaction

London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ismat Levin

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

LXi REIT plc

b)

LEI

2138008YZGXOKAXQVI45

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 1 pence each

Identification code

ISIN	GB00BYQ46T41

b)

Nature of the transaction

Purchase of Ordinary Shares pursuant to the Subsequent Issue as announced on 10 February 2022

c)

Price(s) and volume(s)

Price(s)

Volume(s)

142p per share

14,084

d)

Aggregated information

- Aggregated volume

14,084

- Price

£19,999.28

e)

Date of the transaction

14 February 2022

f)

Place of the transaction

London Stock Exchange

End

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