Urban Logistics REIT PLC Director/PDMR Shareholding (6830F)
March 11 2020 - 3:05AM
UK Regulatory
TIDMSHED
RNS Number : 6830F
Urban Logistics REIT PLC
11 March 2020
Urban Logistics REIT plc
("Urban Logistics" or the "Company")
Director / PDMR Shareholdings
Urban Logistics announces that Nigel Rich, Non-Executive
Chairman, and Bruce Anderson, Non-Executive Director, have
purchased 110,000 and 4,446 shares in the Company respectively as
part of the recent equity issuance by the Company, at a price of
137.5p, as announced on 9 March 2020.
As a result, Nigel Rich and Bruce Anderson's interest in the
share capital of the Company is 335,536 and 50,000 Ordinary Shares
respectively.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail.
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 Nigel Rich
----------------------------------------- ----------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------
a) Position/status Non-Executive Chairman (PDMR)
----------------------------------------- ----------------------------------
b) Initial notification Initial Notification
/Amendment
----------------------------------------- ----------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------
a) Name Urban Logistics REIT plc
----------------------------------------- ----------------------------------
b) LEI 213800P6ODJW2UFNDC37
----------------------------------------- ----------------------------------
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 GBP0.01 each
financial instrument,
type of instrument
ISIN number GB00BYV8MN78
Identification code
----------------------------------------- ----------------------------------
b) Nature of the transaction Purchase of Shares
----------------------------------------- ----------------------------------
c) Price(s) and volume(s) Price Volume
----------------------------------------- --------------- -----------------
137.5p 110,000
---------------------------------------------- --------------- -----------------
d) Aggregated information N/A - Single transaction
- Aggregated volume
- Price
----------------------------------------- ----------------------------------
e) Date of the transaction 11 March 2020
----------------------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange - AIM
----------------------------------------- ----------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Bruce Anderson
------------------------------------------ ----------------------------------
2 Reason for the notification
------------------------------------------------------------------------------
a) Position/status Non-Executive Director (PDMR)
------------------------------------------ ----------------------------------
b) Initial notification Initial Notification
/Amendment
------------------------------------------ ----------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------------
a) Name Urban Logistics REIT plc
------------------------------------------ ----------------------------------
b) LEI 213800P6ODJW2UFNDC37
------------------------------------------ ----------------------------------
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 GBP0.01 each
financial instrument,
type of instrument
ISIN number GB00BYV8MN78
Identification code
------------------------------------------ ----------------------------------
b) Nature of the transaction Purchase of Shares
------------------------------------------ ----------------------------------
c) Price(s) and volume(s) Price Volume
------------------------------------------ ----------------- ---------------
137.5p 4,446
----------------------------------------------- ----------------- ---------------
d) Aggregated information N/A - Single transaction
- Aggregated volume
- Price
------------------------------------------ ----------------------------------
e) Date of the transaction 11 March 2020
------------------------------------------ ----------------------------------
f) Place of the transaction London Stock Exchange - AIM
------------------------------------------ ----------------------------------
Enquiries
Urban Logistics REIT plc
Richard Moffitt +44 (0)20 7591 1600
Montfort - Financial PR and IR adviser
Olly Scott +44 (0)78 1234 5205
N+1 Singer - Nominated Adviser and Joint
Bookrunner
James Maxwell / James Moat (Corporate
Finance)
Alan Geeves / James Waterlow / Sam Greatrex
(Sales) +44 (0)20 7496 3000
Panmure Gordon (UK) Limited - Joint Bookrunner
Chloe Ponsonby (Corporate Broking)
Emma Earl (Corporate Finance)
David Hawkins / Tom Scrivens (Sales) +44 (0)20 7886 2500
About Urban Logistics REIT
Urban Logistics REIT plc is a property investment company,
quoted on the AIM market of the London Stock Exchange, (AIM:
SHED).
The Company invests in UK-based logistics properties with the
objective of generating attractive dividends and capital returns
for its shareholders. Its investment strategy focuses on
strategically located smaller single let logistics properties
servicing high-quality tenants. Investment returns will be
generated by an experienced management team focusing on quality
stock selection and active asset management.
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
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