TIDMRDI

RNS Number : 9905W

RDI REIT PLC

29 April 2021

RDI REIT P.L.C.

("RDI" or the "Company")

(Registered number 010534V)

LSE share code: RDI

JSE share code: RPL

ISIN: IM00BH3JLY32

LEI: 2138006NHZUMMRYQ1745

PDMR Share Dealing

Further to the announcement on 28 April 2021, regarding the vesting of certain share awards to the executive Directors and Persons Discharging Managerial Responsibility ("PDMR") under the Company's LTIP and STIP, each of the participants has today been issued with the shares shown below.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                          Stephen Oakenfull 
     ----------------------------  ------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status               CEO 
     ----------------------------  ------------------------------------- 
 b)   Initial notification          Initial 
       /Amendment 
     ----------------------------  ------------------------------------- 
 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            Shares 
       financial instrument, 
       type of instrument 
                                     2138006NHZUMMRYQ1745 
       Identification code 
     ----------------------------  ------------------------------------- 
 b)   Nature of the transaction     Vesting of LTIPs and deferred bonus 
                                     awards 
     ----------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)          Price(s)        Volume(s) 
                                       121.35 pence    204,149 
                                                      ---------- 
     ----------------------------  ------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume            204,149 
 
 
       - Price                        GBP247,734.81 
     ----------------------------  ------------------------------------- 
 e)   Date of the transaction       29-04-2021 
     ----------------------------  ------------------------------------- 
 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          Initial 
       /Amendment 
     ----------------------------  ------------------------------------- 
 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            Shares 
       financial instrument, 
       type of instrument 
                                     2138006NHZUMMRYQ1745 
       Identification code 
     ----------------------------  ------------------------------------- 
 b)   Nature of the transaction     Vesting of LTIPs and deferred bonus 
                                     awards 
     ----------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)          Price(s)        Volume(s) 
                                       121.35 pence    168,899 
                                                      ---------- 
     ----------------------------  ------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume            168,899 
 
 
       - Price                        GBP204,958.94 
     ----------------------------  ------------------------------------- 
 e)   Date of the transaction       29-04-2021 
     ----------------------------  ------------------------------------- 
 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          Initial 
       /Amendment 
     ----------------------------  ------------------------------------- 
 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            Shares 
       financial instrument, 
       type of instrument 
                                     2138006NHZUMMRYQ1745 
       Identification code 
     ----------------------------  ------------------------------------- 
 b)   Nature of the transaction     Vesting of LTIPs and deferred bonus 
                                     awards 
     ----------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)          Price(s)        Volume(s) 
                                       121.35 pence    184,923 
                                                      ---------- 
     ----------------------------  ------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume            184,923 
 
 
       - Price                        GBP224,404.06 
     ----------------------------  ------------------------------------- 
 e)   Date of the transaction       29-04-2021 
     ----------------------------  ------------------------------------- 
 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 
 

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 

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END

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(END) Dow Jones Newswires

April 29, 2021 03:10 ET (07:10 GMT)

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