TIDMLXI

RNS Number : 2885S

LXI REIT PLC

15 March 2021

LX i REIT PLC (LEI: 2138008YZGXOKAXQVI45)

(the "Company")

15 March 2021

DIRECTOR/PDMR SHAREHOLDING

LXi REIT plc announces the following purchases of ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 124.50 pence per share pursuant to the Initial Issue as announced on 16 February 2021:

   1.    Stephen Hubbard (Non-Executive Chairman) purchased 16,000 Ordinary Shares; and 
   2.    Jan Etherden (Non-Executive Director) purchased 20,000 Ordinary Shares. 

Additionally, Mr R Jon Gudelis, spouse of Patricia Dimond (Non-Executive Director), has today purchased 8,005 Ordinary Shares at a price of 124.916 pence per share.

Enquiries:

 
 Jenny Thompson/Brian Smith 
 PraxisIFM Fund Services (UK) 
  Limited                        020 4513 9260 
 Company Secretary 
 
 

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                   Stephen Hubbard 
      -------------------------------------  -------------------------------------------- 
 2     Reason for the notification 
      ----------------------------------------------------------------------------------- 
 a)    Position/status                        Director 
      -------------------------------------  -------------------------------------------- 
 b)    Initial notification                   Initial notification 
        /Amendment 
      -------------------------------------  -------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------------------- 
 a)    Name                                   LXi REIT plc 
      -------------------------------------  -------------------------------------------- 
 b)    LEI                                    2138008YZGXOKAXQVI45 
      -------------------------------------  -------------------------------------------- 
 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 1 pence each 
        financial instrument, 
        type of instrument 
 
       Identification code                     ISIN   GB00BYQ46T41 
 
 b)    Nature of the transaction              Purchase of Ordinary Shares pursuant 
                                               to the Initial Issue as announced on 
                                               16 February 2021 
      -------------------------------------  -------------------------------------------- 
 c)    Price(s) and volume(s) 
                                              ----------------------  ----------------- 
                                               Price(s)                Volume(s) 
                                              ----------------------  ----------------- 
    124.50p per 
     share                                                             16,000 
   -----------------------------------------------------------------  ----------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                    16,000 
 
  - Price                                GBP19,920 
 
 e)    Date of the transaction                15 March 2021 
      -------------------------------------  -------------------------------------------- 
 f)    Place of the transaction               London Stock Exchange 
      -------------------------------------  -------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                   Jan Etherden 
      -------------------------------------  -------------------------------------------- 
 2     Reason for the notification 
      ----------------------------------------------------------------------------------- 
 a)    Position/status                        Director 
      -------------------------------------  -------------------------------------------- 
 b)    Initial notification                   Initial notification 
        /Amendment 
      -------------------------------------  -------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------------------- 
 a)    Name                                   LXi REIT plc 
      -------------------------------------  -------------------------------------------- 
 b)    LEI                                    2138008YZGXOKAXQVI45 
      -------------------------------------  -------------------------------------------- 
 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 1 pence each 
        financial instrument, 
        type of instrument 
 
       Identification code                     ISIN   GB00BYQ46T41 
 
 b)    Nature of the transaction              Purchase of Ordinary Shares pursuant 
                                               to the Initial Issue as announced on 
                                               16 February 2021 
      -------------------------------------  -------------------------------------------- 
 c)    Price(s) and volume(s) 
                                              ----------------------  ----------------- 
                                               Price(s)                Volume(s) 
                                              ----------------------  ----------------- 
    124.50p per 
     share                                                             20,000 
   -----------------------------------------------------------------  ----------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                    20,000 
 
  - Price                                GBP24,900 
 
 e)    Date of the transaction                15 March 2021 
      -------------------------------------  -------------------------------------------- 
 f)    Place of the transaction               London Stock Exchange 
      -------------------------------------  -------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                  R Jon Gudelis 
      ------------------------------------  --------------------------------------- 
 2     Reason for the notification 
      ----------------------------------------------------------------------------- 
 a)    Position/status                       PCA of Patricia Dimond, Director 
      ------------------------------------  --------------------------------------- 
 b)    Initial notification                  Initial notification 
        /Amendment 
      ------------------------------------  --------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------------- 
 a)    Name                                  LXi REIT plc 
      ------------------------------------  --------------------------------------- 
 b)    LEI                                   2138008YZGXOKAXQVI45 
      ------------------------------------  --------------------------------------- 
 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 1 pence each 
        financial instrument, 
        type of instrument 
 
       Identification code                    ISIN   GB00BYQ46T41 
 
 b)    Nature of the transaction             Purchase 
      ------------------------------------  --------------------------------------- 
 c)    Price(s) and volume(s) 
                                             --------------------  -------------- 
                                              Price(s)              Volume(s) 
                                             --------------------  -------------- 
    124.916p per 
     share                                                          8,005 
   --------------------------------------------------------------  -------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                   8,005 
 
  - Price                               GBP9,999.5258 
 
 e)    Date of the transaction               15 March 2021 
      ------------------------------------  --------------------------------------- 
 f)    Place of the transaction              London Stock Exchange 
      ------------------------------------  --------------------------------------- 
 

End

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March 15, 2021 08:04 ET (12:04 GMT)