TIDMEBOX TIDMBOXE
RNS Number : 2541C
Tritax EuroBox PLC
06 February 2020
6 February 2020
Tritax EuroBox plc
(the "Company")
PURCHASE OF ORDINARY SHARES UNDER THE INVESTMENT MANAGEMENT
AGREEMENT
The Board of the Company announces that in accordance with the
terms of the Company's management fee arrangements with Tritax
Management LLP (the "Manager"), the Manager has acquired in the
market a total of 116,416 ordinary shares in the capital of the
Company ("Ordinary Shares") on behalf of certain members of staff
of the Manager (the "Management Shares"). The Management Shares
were acquired on 5 February 2020 at 90.2 pence per share.
Under the terms of the management fee arrangements, 10 per cent.
of the management fee (net of any applicable tax) from 1 January
2019 to 30 September 2019 is applied by the Manager in subscribing
for, or acquiring, Ordinary Shares.
The Management Shares purchased are subject to a minimum lock-in
period of 12 months.
PDMR Shareholdings
In accordance with article 19.3 of the Market Abuse Regulations
on admission the beneficial interests of the senior executives of
the Investment Team with day-to-day management responsibility in
connection with services provided to the Company (and/or persons
closely associated thereof) who have acquired Management Shares are
listed in the table below.
PDMR Position Number of Number of % of issued
Management Ordinary Shares share capital
Shares acquired held
Investment
Mark Shaw Team 18,192 143,640 0.0340
-------------- ----------------- ----------------- ---------------
Investment
Colin Godfrey Team 18,192 143,640 0.0340
-------------- ----------------- ----------------- ---------------
Investment
James Dunlop Team 18,192 143,640 0.0340
-------------- ----------------- ----------------- ---------------
Investment
Henry Franklin Team 13,119 96,775 0.0229
-------------- ----------------- ----------------- ---------------
Investment
Bjorn Hobart Team 2,943 22,943 0.0054
-------------- ----------------- ----------------- ---------------
Investment
Petrina Austin Team 2,943 22,943 0.0054
-------------- ----------------- ----------------- ---------------
Investment
Nick Preston Team 12,535 73,114 0.0173
-------------- ----------------- ----------------- ---------------
Tritax Management Manager - - -
LLP
-------------- ----------------- ----------------- ---------------
Staff of Tritax
Management Staff of the
LLP Manager 30,300 60,102 0.0142
-------------- ----------------- ----------------- ---------------
Total* 116,416 706,797 0.1672
----------------- ----------------- ---------------
For further information, please contact:
Tritax Group
Hana Beard (Company Secretary) +44 (0) 20 7290 1616
Jefferies International Limited
Gary Gould
Stuart Klein +44 (0) 20 7029 8000
Kempen & Co N.V.
Dick Boer
Thomas ten Hoedt +31 (0) 20 348 8500
Akur Limited +44 (0)20 7493 3631
Anthony Richardson
Tom Frost
Siobhan Sergeant
Maitland/AMO (Communications Adviser) +44 (0) 20 7379 5151
James Benjamin Email: tritax-maitland@maitland.co.uk
The Company's LEI is: 213800HK59N7H979QU33.
NOTES:
Tritax EuroBox plc invests and manages a well-diversified
portfolio of well-located Continental European logistics real
estate assets that are expected to deliver an attractive capital
return and secure income to shareholders. These assets fulfil key
roles in the logistics and distribution supply-chain focused on the
most established logistics markets and on the major population
centres across core Continental European countries.
Occupier demand for Continental European logistics assets is in
the midst of a major long-term structural change principally driven
by the growth of e-commerce. This is evidenced by technological
advancements, increased automation and supply-chain optimisation,
set against a backdrop of resurgent economic growth across much of
Continental Europe.
The Company is targeting, on a fully invested and geared basis,
an initial Ordinary Share dividend yield of 4.75% p.a.(1) , which
is expected to increase progressively through regular indexation
events inherent in underlying lease agreements, and a total return
on the Ordinary Shares of 9.0% p.a.(1) over the medium-term. The
Company intends to pay dividends on a quarterly basis with
shareholders able to receive dividends in Sterling or Euro.
Further information on Tritax EuroBox plc is available at
www.tritaxeurobox.co.uk
1. Euro denominated returns, by reference to IPO issue price.
These are targets only and not profit forecasts. There can be no
assurances that these targets will be met and they should not be
taken as indications of the Company's expected or actual future
results. Accordingly, potential investors should not place any
reliance on the target in deciding whether or not to invest in the
Company and should not assume that the Company will make any
distributions at all and should decide themselves whether or not
the target is reasonable or achievable.
Notification of a Transaction pursuant to Article 19(1) of
Regulation (EU) No. 596/2014
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Mark Shaw
----------------------------------- -------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/status PDMR
----------------------------------- -------------------------------------
b) Initial notification Initial notification
/Amendment
----------------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name Tritax EuroBox plc
----------------------------------- -------------------------------------
b) LEI 213800HK59N7H979QU33
----------------------------------- -------------------------------------
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 Ordinary Shares of 1p each
financial instrument,
type of instrument
Identification code ISIN: GB00BG382L74
b) Nature of the transaction Purchase of ordinary shares
----------------------------------- -------------------------------------
c) Price(s) and volume(s)
-------------------- ------------
Price(s) - GBP Volume(s)
-------------------- ------------
GBP0.9020 18,192
------------------------------------------------------------- ------------
d) Aggregated information
- Aggregated volume 18,192
- Price GBP0.9020
e) Date of the transaction 5 February 2020
----------------------------------- -------------------------------------
f) Place of the transaction London
----------------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Colin Godfrey
----------------------------------- -------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/status PDMR
----------------------------------- -------------------------------------
b) Initial notification Initial notification
/Amendment
----------------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name Tritax EuroBox plc
----------------------------------- -------------------------------------
b) LEI 213800HK59N7H979QU33
----------------------------------- -------------------------------------
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 Ordinary Shares of 1p each
financial instrument,
type of instrument
Identification code ISIN: GB00BG382L74
b) Nature of the transaction Purchase of ordinary shares
----------------------------------- -------------------------------------
c) Price(s) and volume(s)
-------------------- ------------
Price(s) - GBP Volume(s)
-------------------- ------------
GBP0.9020 18,192
------------------------------------------------------------- ------------
d) Aggregated information
- Aggregated volume 18,192
- Price GBP0.9020
e) Date of the transaction 5 February 2020
----------------------------------- -------------------------------------
f) Place of the transaction London
----------------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name James Dunlop
----------------------------------- -------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/status PDMR
----------------------------------- -------------------------------------
b) Initial notification Initial notification
/Amendment
----------------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name Tritax EuroBox plc
----------------------------------- -------------------------------------
b) LEI 213800HK59N7H979QU33
----------------------------------- -------------------------------------
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 Ordinary Shares of 1p each
financial instrument,
type of instrument
Identification code ISIN: GB00BG382L74
b) Nature of the transaction Purchase of ordinary shares
----------------------------------- -------------------------------------
c) Price(s) and volume(s)
-------------------- ------------
Price(s) - GBP Volume(s)
-------------------- ------------
GBP0.9020 18,192
------------------------------------------------------------- ------------
d) Aggregated information
- Aggregated volume 18,192
- Price GBP0.9020
e) Date of the transaction 5 February 2020
----------------------------------- -------------------------------------
f) Place of the transaction London
----------------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Henry Franklin
----------------------------------- -------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/status PDMR
----------------------------------- -------------------------------------
b) Initial notification Initial notification
/Amendment
----------------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name Tritax EuroBox plc
----------------------------------- -------------------------------------
b) LEI 213800HK59N7H979QU33
----------------------------------- -------------------------------------
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 Ordinary Shares of 1p each
financial instrument,
type of instrument
Identification code ISIN: GB00BG382L74
b) Nature of the transaction Purchase of ordinary shares
----------------------------------- -------------------------------------
c) Price(s) and volume(s)
-------------------- ------------
Price(s) - GBP Volume(s)
-------------------- ------------
GBP0.9020 13,119
------------------------------------------------------------- ------------
d) Aggregated information
- Aggregated volume 13,119
- Price GBP0.9020
e) Date of the transaction 5 February 2020
----------------------------------- -------------------------------------
f) Place of the transaction London
----------------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Bjorn Hobart
----------------------------------- -------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/status PDMR
----------------------------------- -------------------------------------
b) Initial notification Initial notification
/Amendment
----------------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name Tritax EuroBox plc
----------------------------------- -------------------------------------
b) LEI 213800HK59N7H979QU33
----------------------------------- -------------------------------------
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 Ordinary Shares of 1p each
financial instrument,
type of instrument
Identification code ISIN: GB00BG382L74
b) Nature of the transaction Purchase of ordinary shares
----------------------------------- -------------------------------------
c) Price(s) and volume(s)
-------------------- ------------
Price(s) - GBP Volume(s)
-------------------- ------------
GBP0.9020 2,943
------------------------------------------------------------- ------------
d) Aggregated information
- Aggregated volume 2,943
- Price GBP0.9020
e) Date of the transaction 5 February 2020
----------------------------------- -------------------------------------
f) Place of the transaction London
----------------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Petrina Porter (née Austin)
----------------------------------- ----------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------
a) Position/status PDMR
----------------------------------- ----------------------------------------
b) Initial notification Initial notification
/Amendment
----------------------------------- ----------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------
a) Name Tritax EuroBox plc
----------------------------------- ----------------------------------------
b) LEI 213800HK59N7H979QU33
----------------------------------- ----------------------------------------
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 Ordinary Shares of 1p each
financial instrument,
type of instrument
Identification code ISIN: GB00BG382L74
b) Nature of the transaction Purchase of ordinary shares
----------------------------------- ----------------------------------------
c) Price(s) and volume(s)
---------------------- -------------
Price(s) - GBP Volume(s)
---------------------- -------------
GBP0.9020 2,943
--------------------------------------------------------------- -------------
d) Aggregated information
- Aggregated volume 2,943
- Price GBP0.9020
e) Date of the transaction 5 February 2020
----------------------------------- ----------------------------------------
f) Place of the transaction London
----------------------------------- ----------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Nicholas Preston
----------------------------------- -------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/status PDMR
----------------------------------- -------------------------------------
b) Initial notification Initial notification
/Amendment
----------------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name Tritax EuroBox plc
----------------------------------- -------------------------------------
b) LEI 213800HK59N7H979QU33
----------------------------------- -------------------------------------
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 Ordinary Shares of 1p each
financial instrument,
type of instrument
Identification code ISIN: GB00BG382L74
b) Nature of the transaction Purchase of ordinary shares
----------------------------------- -------------------------------------
c) Price(s) and volume(s)
-------------------- ------------
Price(s) - GBP Volume(s)
-------------------- ------------
GBP0.9020 12,535
------------------------------------------------------------- ------------
d) Aggregated information
- Aggregated volume 12,535
- Price GBP0.9020
e) Date of the transaction 5 February 2020
----------------------------------- -------------------------------------
f) Place of the transaction London
----------------------------------- -------------------------------------
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
DSHUPUAAPUPUGAQ
(END) Dow Jones Newswires
February 06, 2020 10:57 ET (15:57 GMT)
Tritax Eurobox (LSE:BOXE)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024
Tritax Eurobox (LSE:BOXE)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024