Empiric Student Property PLC Director/PDMR Shareholding (4910O)
October 02 2019 - 3:27AM
UK Regulatory
TIDMESP
RNS Number : 4910O
Empiric Student Property PLC
02 October 2019
2 October 2019
Empiric Student Property plc
("Empiric" or the "Company" or, together with its subsidiaries,
the "Group")
Transactions by Persons Discharging Managerial Responsibility
("PDMR") and persons closely associated with them
The Board of Empiric Student Property plc (ticker: ESP) (the
"Board"), the owner and operator of premium student accommodation
across the UK, announces that on 2 October 2019, Timothy Attlee,
Chief Executive Officer of the Company, exercised a nil-cost option
award granted on 9 November 2015 under the rules of the Empiric
Student Property plc 2014 Long Term Incentive Plan over 120,833
ordinary shares of 1p each in the Company.
Issue of Equity and Total Voting Rights
As a result of the Exercise, the Company has issued and allotted
a total of 120,833 Ordinary Shares and application will be made for
the Ordinary Shares to be listed on the Official List of the
Financial Conduct Authority and admitted to trading on the Main
Market of the London Stock Exchange on 7 October 2019
("Admission").
The total number of Ordinary Shares in the Company in issue
immediately following Admission will be 603,008,573 each with equal
voting rights Accordingly, Mr Attlee's beneficial and
non-beneficial holdings in the Company are 955,507 ordinary shares,
which will represent approximately 0.158 per cent. of the total
voting rights of the Company.
The Notification of Dealing Form provided in accordance with the
requirements of the Market Abuse Regulation in relation to the
transaction listed above is set out below.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Timothy Attlee
------------------------------------- ------------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------------
a) Position/status Chief Executive Officer
------------------------------------- ------------------------------------------------
b) Initial notification Initial notification
/ Amendment
------------------------------------- ------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------------------
a) Name Empiric Student Property plc
------------------------------------- ------------------------------------------------
b) LEI 213800FPF38IBPRFPU87
------------------------------------- ------------------------------------------------
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 GB00BLWDVR75
b) Nature of the transaction Exercise of nil-cost options over 120,833
ordinary shares
------------------------------------- ------------------------------------------------
c) Price(s) and volume(s)
---------------------- ---------------------
Price(s) Volume(s)
---------------------- ---------------------
Nil 120,833
----------------------------------------------------------------- ---------------------
d) Aggregated information
- Aggregated volume 120,833
- Price Nil cost
e) Date of the transaction 2 October 2019
------------------------------------- ------------------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------------- ------------------------------------------------
FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:
Empiric Student Property plc (via Maitland/AMO below)
Tim Attlee (Chief Executive Officer)
Lynne Fennah (Chief Financial &
Operating Officer)
Jefferies International Limited Tel: 020 7029 8000
Gary Gould
Stuart Klein
Maitland/AMO (Communications Adviser) Tel: 020 7379 5151
James Benjamin Email: empiric-maitland@maitland.co.uk
The Company's LEI is 213800FPF38IBPRFPU87.
Further information on Empiric can be found on the Company's
website at www.empiric.co.uk.
Notes:
Empiric Student Property plc is a leading provider and operator
of modern, direct-let, nominated or leased student accommodation
across the UK. Investing in both operating and development assets,
Empiric is a multi-niche student property company focused on, (i)
providing good quality first year accommodation managed through its
Hello Student(R) operating platform in partnership with
universities, (ii) offering a variety of second and third year
purpose-built accommodation options for individual students and
those wanting a group living environment, and (iii) continuing to
expand the Group's existing premium, studio-led accommodation
portfolio which is attractive to international and postgraduate
students.
The Company, an internally managed real estate investment trust
("REIT") incorporated in England and Wales, listed on the premium
listing segment of the Official List of the Financial Conduct
Authority and was admitted to trading on the main market for listed
securities of the London Stock Exchange in June 2014.
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
DSHGIBDGLDGBGCD
(END) Dow Jones Newswires
October 02, 2019 04:27 ET (08:27 GMT)
Empiric Student Property (LSE:ESP)
Historical Stock Chart
From Apr 2024 to May 2024
Empiric Student Property (LSE:ESP)
Historical Stock Chart
From May 2023 to May 2024