BBOX Tritax Big Box Reit Plc

TIDMBBOX

RNS Number : 2310S

Tritax Big Box REIT plc

07 March 2019

7 March 2019

TRITAX BIG BOX REIT PLC

(the "Company")

PDMR SHAREHOLDING AMENDMENT

Further to the PDMR shareholding announcement on 18 February 2019, the Company has been notified by Richard Laing, a Non-Executive Director of the Company, that he has since been advised by the nominee company through which his wife's interests in the Company's ordinary shares (the "Ordinary Shares") are held (the "Nominee"), that Mrs Laing was allocated 12,440 Ordinary Shares by the Nominee pursuant to its participation in the Company's pre-emptive offer of Ordinary Shares which closed on Friday, 8 February 2019 (the "Open Offer").

Therefore, the total number of Ordinary Shares acquired by Mr Laing and his connected persons pursuant to the Open Offer was 12,440, not 6,733 as previously notified. The total beneficial holding of Mr Laing (and/or his connected persons) is, therefore, 45,828 Ordinary Shares, representing 0.003% of the Company's current issued share capital, rather than 40,121 Ordinary Shares. All other details remain the same.

FOR FURTHER INFORMATION, PLEASE CONTACT:

 
  Tritax Group                             via Maitland below 
    Colin Godfrey (Partner, Fund Manager) 
 
   Maitland (Communications Adviser)        Tel: 020 7379 5151 
    James Benjamin                           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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March 07, 2019 11:57 ET (16:57 GMT)

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