Director/PDMR Shareholding

By

Regulatory News | 17 Mar, 2020

Updated : 13:36

RNS Number : 4775G
Tritax Big Box REIT plc
17 March 2020
 

17 March 2020

TRITAX BIG BOX REIT PLC

(the "Company")

PURCHASE of Ordinary Shares AND PDMR Shareholdings

In accordance with article 19.3 of the Market Abuse Regulation, the Board of the Company announces that the below listed senior executives ("PDMRs") of the Investment Team of the Manager ("Tritax Management LLP") acquired shares today at 0.8103 pence per share. The beneficial interests of the PDMRs (and/or persons closely associated thereof) who have acquired shares are listed in the table below.

 

PDMR

Position

Number of Management Shares issued

Number of Ordinary Shares held

% of issued share capital

Mark Shaw

Investment Team

122,619

1,663,203

0.097

Colin Godfrey1

Investment Team

122,619

1,629,066

0.095

James Dunlop2

Investment Team

122,619

1,566,705

0.092

Henry Franklin

Investment Team

122,619

1,194,949

0.070

Bjorn Hobart

Investment Team

12,262

188,315

0.011

Petrina Austin

Investment Team

12,262

168,228

0.009

Total


515,000

6,410,466

0.374

1 122,619 shares have been acquired by Adam Godfrey (PCA of Colin Godfrey)

2 122,619 shares have been acquired by Caroline Dunlop (CEOPCA of James Dunlop)

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

Tritax Group

Colin Godfrey (Partner, Fund Manager)

Hana Beard (Group Company Secretary)

 

via Maitland/AMO (below)

Maitland/AMO (Communications Adviser)

James Benjamin

Tel: 020 7379 5151

tritax-maitland@maitland.co.uk



Jefferies International Limited

Gary Gould

Stuart Klein

Tel: 020 7029 8000



Akur Limited

Anthony Richardson

Tom Frost

Siobhan Sergeant

Tel: 020 7493 3631

 

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 developments predominantly delivered through a pre-let forward funded basis, the Company focuses on large, well-located, modern Big Box logistics assets, 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

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 /Amendment

 

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

 

Name

Tritax Big Box REIT plc

b)

 

LEI

213800L6X88MIYPVR714

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 financial instrument, type of instrument

Ordinary Shares of 1p each



Identification code

ISIN: GB00BG49KP99



b)

 

Nature of the transaction

 

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)







Price(s) - GBP

Volume(s)




£0.8103

122,619







d)

 

Aggregated information

N/A



- Aggregated volume




- Price




e)

 

Date of the transaction

 

17 March 2020

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

 Adam Godfrey

2

Reason for the notification

a)

 

Position/status

 

PCA of PDMR (Colin Godfrey)

 

b)

 

Initial notification /Amendment

 

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tritax Big Box REIT plc

 

b)

LEI

213800L6X88MIYPVR714

 

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 financial instrument, type of instrument

Ordinary Shares of 1p each



Identification code

ISIN: GB00BG49KP99



b)

 

Nature of the transaction

 

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)







Price(s) - GBP

Volume(s)




£0.8103

122,619







d)

 

Aggregated information

N/A



- Aggregated volume




- Price




e)

 

Date of the transaction

 

17 March 2020

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

 Caroline Dunlop

2

Reason for the notification

a)

 

Position/status

 

PCA of PDMR (James Dunlop)

 

b)

 

Initial notification /Amendment

 

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tritax Big Box REIT plc

 

b)

LEI

213800L6X88MIYPVR714

 

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 financial instrument, type of instrument

Ordinary Shares of 1p each



Identification code

ISIN: GB00BG49KP99



b)

 

Nature of the transaction

 

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)







Price(s) - GBP

Volume(s)




£0.8103

122,619







d)

 

Aggregated information

N/A



- Aggregated volume




- Price




e)

 

Date of the transaction

 

17 March 2020

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

 

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 /Amendment

 

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tritax Big Box REIT plc

 

b)

LEI

213800L6X88MIYPVR714

 

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 financial instrument, type of instrument

Ordinary Shares of 1p each



Identification code

ISIN: GB00BG49KP99



b)

 

Nature of the transaction

 

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)







Price(s) - GBP

Volume(s)




£0.8103

122,619







d)

 

Aggregated information

N/A



- Aggregated volume




- Price




e)

 

Date of the transaction

 

17 March 2020

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

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 /Amendment

 

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 

Tritax Big Box REIT plc

b)

LEI

 

213800L6X88MIYPVR714

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 financial instrument, type of instrument

Ordinary Shares of 1p each



Identification code

ISIN: GB00BG49KP99



b)

 

Nature of the transaction

 

Purchase of ordinary shares

c)

 

Price(s) and volume(s)







Price(s) - GBP

Volume(s)




£0.8103

12,262







d)

 

Aggregated information

N/A



- Aggregated volume




- Price




e)

 

Date of the transaction

 

17 March 2020

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

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 /Amendment

 

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 

Tritax Big Box REIT plc

b)

LEI

 

213800L6X88MIYPVR714

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 financial instrument, type of instrument

Ordinary Shares of 1p each



Identification code

ISIN: GB00BG49KP99



b)

 

Nature of the transaction

 

Purchase of ordinary shares

c)

 

Price(s) and volume(s)







Price(s) - GBP

Volume(s)




£0.8103

12,262







d)

 

Aggregated information

N/A



- Aggregated volume




- Price




e)

 

Date of the transaction

 

17 March 2020

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 


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