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SIRIUS REAL ESTATE LIMITED - Notification And Public Disclosure Of Transactions By PDMR

07 December 2018 - 13:35 PM
Notification And Public Disclosure Of Transactions By PDMR

(Incorporated in Guernsey)
Company Number: 46442
JSE Share Code: SRE
LSE (EUR) Share Code: SRE
LSE (GBP) Share Code: ESRE

7 December 2018

                           Sirius Real Estate Limited

                    (?Sirius Real Estate?, ?Sirius? or the ?Company?)


Sirius Real Estate announces that Mr. Andrew Coombs has exercised in full the nil cost
options over 4,000,000 ordinary shares received by him in respect of the 2015 LTIP, as
announced on 4 July 2018. 1,545,108 new ordinary shares will be issued and 574,892
treasury shares will be transferred by the Company to Mr. Coombs, in satisfaction of this
option exercise, with the remainder of the option being settled in cash and withheld by the
Company to satisfy the tax liability arising from the exercise.

Following the issue of the new ordinary shares, the total number of voting rights in the
Company will be 1,011,541,826, the number of shares in treasury shall be nil and the total
number of ordinary shares in issue will be 1,011,541,826.

Application has been made for the new ordinary shares to be admitted to trading on the
main market of London Stock Exchange Plc ("LSE"), to be admitted to the premium segment
of the Official List of the UK Listing Authority and to trading and on the main board of the
Johannesburg Stock Exchange ("JSE"). It is expected that admission of the new ordinary
shares will take place at commencement of trade on both the LSE at 8am (GMT) and on the
JSE at 9am (SAST), on 10 December 2018.

  1.     Details of PDMR / person closely associated with them (?PCA?)

  a)     Name                           Andrew Coombs

  2.     Reason for the notification
  a)     Position / status              Chief Executive Officer
  b)     Initial notification /         Initial notification
  3.     Details of the issuer

  a)     Name                           Sirius Real Estate Limited

  b)     LEI                            213800NURUF5W8QSK566

         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            Ordinary shares of no par value.
  b)    Identification code           GB00B1W3VF54


                                      Exercise of nil-cost option over ordinary shares
                                      arising from the 2015 LTIP, resulting in the issue of
                                      1,545,108 new ordinary shares and a transfer of
                                      574,892 treasury shares by the Company to Mr.
        Nature of the transaction     Coombs.

                                      After the transaction, Mr. Coombs has a beneficial
                                      interest in 9,850,368 shares representing 0.97% of
                                      the issued share capital.

                                       Price(s)            Volume(s)       Total(s)
                                       (p/GBP)                             (p/GBP)
        Price(s) and

                                              n/a            1,545,108                Nil

                                              n/a             574,892                 Nil

  e)    Date of the transaction       5 December 2018

  f)    Place of the transaction      Outside a trading venue (off market)

  g)    Nature and extent of          Direct, beneficial
        interest in the transaction
  h)    Clearance to deal in these securities was obtained in accordance with Rule 3.66 of
        the Listings Requirements of the JSE Limited.

JSE Sponsor
PSG Capital

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