TIDMBBOX

RNS Number : 4119Q

Tritax Big Box REIT plc

18 February 2019

18 February 2019

TRITAX BIG BOX REIT PLC

(the "Company")

PDMR Shareholdings FOLLOWING OPEN OFFER

In accordance with article 19.3 of the Market Abuse Regulation, the Company announces the following beneficial interests of the Directors of the Company ("Directors") and senior executives of Tritax Management LLP (the "Manager") with day-to-day management responsibility in connection with services provided to the Company (the "Investment Team") (and/or persons closely associated thereof) who have been issued ordinary shares of 1 pence each in the Company ("Ordinary Shares") (ISIN: GB00BG49KP99) pursuant to their participation in the pre-emptive offer of Ordinary Shares at an issue price of 130 pence per share (the "Open Offer") which closed on Friday, 8 February 2019.

The Ordinary Shares issued pursuant to the Open Offer were admitted to the premium segment of the Official List and to trading on the main market of the London Stock Exchange on 13 February 2019.

The Ordinary Shares issued to Directors and senior executives of the Manager (and/or persons closely associated thereof) are listed in the table below.

 
 PDMR                 Position                Number of      Number of      % of issued 
                                        Ordinary Shares       Ordinary    share capital 
                                                 issued    Shares held        following 
                                                             following       Open Offer 
                                                            Open Offer 
 Sir Richard          Non-Executive 
  Jewson               Chairman                  10,067         87,249           0.005% 
                     ---------------  -----------------  -------------  --------------- 
                      Non-Executive 
 Jim Prower            Director                   3,099         26,859           0.002% 
                     ---------------  -----------------  -------------  --------------- 
                      Non-Executive 
 Aubrey Adams          Director                  13,043        113,043           0.007% 
                     ---------------  -----------------  -------------  --------------- 
                      Non-Executive 
 Richard Laing         Director                   6,733         40,121           0.002% 
                     ---------------  -----------------  -------------  --------------- 
                      Investment 
 Mark Shaw             Team                      85,109      1,197,897           0.072% 
                     ---------------  -----------------  -------------  --------------- 
                      Investment 
 Colin Godfrey         Team                     131,242      1,163,760           0.070% 
                     ---------------  -----------------  -------------  --------------- 
                      Investment 
 James Dunlop          Team                     119,842      1,101,399           0.066% 
                     ---------------  -----------------  -------------  --------------- 
                      Investment 
 Henry Franklin        Team                      95,215        825,200           0.050% 
                     ---------------  -----------------  -------------  --------------- 
                      Investment 
 Bjorn Hobart          Team                      11,725        120,610           0.007% 
                     ---------------  -----------------  -------------  --------------- 
                      Investment 
 Petrina Austin        Team                      11,598        100,523           0.006% 
                     ---------------  -----------------  -------------  --------------- 
 Tritax Management 
  LLP                 Manager                    10,847         94,008           0.006% 
                     ---------------  -----------------  -------------  --------------- 
 Total                                          498,520      4,870,669           0.293% 
                                      -----------------  -------------  --------------- 
 

FOR FURTHER INFORMATION, PLEASE CONTACT:

 
  Tritax Group                             via Maitland below 
    Colin Godfrey (Partner, Fund Manager) 
 
   Maitland (Communications Adviser)        Tel: 07747 113 930 
    James Benjamin                           Email: tritax-maitland@maitland.co.uk 
 
   Jefferies International Limited          Tel: 020 7029 8000 
    Gary Gould 
    Stuart Klein 
 
   Akur Limited                             Tel: 020 7493 3631 
    Anthony Richardson 
    Tom Frost 
    Siobhan Sergeant 
 

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 pre-let forward funded developments, the Company focuses on well-located, modern "Big Box" logistics assets, typically greater than 500,000 sq ft (measured by floor area, c. 69% of the Company's existing logistics facilities including forward funded developments are in excess of 500,000 sq ft), 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

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 rns@lseg.com or visit www.rns.com.

END

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February 18, 2019 13:29 ET (18:29 GMT)

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