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RDI REIT PLC - PDMR Share Dealing

Release Date: 24/07/2019 11:00
Code(s): RPL     PDF:  
 
Wrap Text
PDMR Share Dealing

RDI REIT P.L.C.
("RDI" or the "Company")
(Incorporated in the Isle of Man)
(Registered number 010534V)
LSE share code: RDI
JSE share code: RPL
ISIN: IM00BH3JLY32
LEI: 2138006NHZUMMRYQ1745


PDMR SHARE DEALING


RDI advises that, on 18 July 2019, Ellwain Investments (PTY) Limited ("Ellwain") received a dividend in specie
from the RBH Hotel Group Limited of 55,445 ordinary shares in RDI. Marc Wainer is a 50% shareholder in
Ellwain and a Non-executive Director of RDI.

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                                Marc Wainer

2 Reason for the notification
a) Position/status                       Non-executive Director
b) Initial notification /Amendment       Initial

3  Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
   monitor
a) Name                                  RDI REIT P.L.C.
b) LEI                                   2138006NHZUMMRYQ1745

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           Shares
     instrument, type of instrument

   Identification code                   2138006NHZUMMRYQ1745
b) Nature of the transaction             RBH Hotel Group Limited distributed a dividend in specie to
                                         Ellwain Investments (PTY) Limited, of which Marc Wainer is a 50%
                                         shareholder
c)   Price(s) and volume(s)              Price(s)                     Volume(s)
                                         111.80pence                    27,723
d) Aggregated information

     - Aggregated volume                 27,723

     - Price                             £30,994.31
e)   Date of the transaction             2019-07-18
f)   Place of the transaction            Off market transaction

24 July 2019

For further information:

RDI REIT P.L.C.
Mike Watters, Stephen Oakenfull                                               Tel: +44 (0) 20 7811 0100


FTI Consulting
UK Public Relations Adviser
Dido Laurimore, Claire Turvey, Ellie Sweeney                                  Tel: +44 (0) 20 3727 1000


Instinctif Partners
SA Public Relations Adviser
Frederic Cornet                                                               Tel: +27 (0) 11 447 3030


JSE Sponsor
Java Capital                                                                  Tel: + 27 (0) 11 722 3050

Note to editors:

About RDI

RDI is an income focused UK-REIT with a diversified portfolio invested principally in the UK. The investment
approach is driven by an in depth understanding of occupational demand including the impact of technology,
transport and infrastructure investment. The portfolio has been repositioned in recent years to increase its weighting
to London and the South East and to provide greater exposure to our leading hotel and serviced office operating
platforms.

RDI is committed to delivering attractive income led total returns across the real estate cycle. The current strategic
objectives of a lower leverage capital structure and more focused allocation of capital are targeted at delivering an
industry leading and sustainable income return.

RDI is a UK Real Estate Investment Trust (UK-REIT) and holds a primary listing on the London Stock Exchange
and a secondary listing on the JSE. The Company is included within the EPRA, GPR, JSE All Property and JSE
Tradeable Property indices.

For more information on RDI, please refer to the Company's website www.rdireit.com

Date: 24/07/2019 11:00:00
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