Real Estate Investors PLC Director/PDMR Shareholding (1723Z)
May 24 2016 - 10:32AM
UK Regulatory
TIDMRLE
RNS Number : 1723Z
Real Estate Investors PLC
24 May 2016
24 May 2016
Real Estate Investors plc
("REI" or the "Company")
Directors Dealing
Real Estate Investors plc (AIM: RLE), the Birmingham based
property group and UK listed Real Estate Investment Trust,
announces that it has been notified that today, Marcus Daly,
Finance Director of the Company, bought 20,000 ordinary shares of
10p each in the Company ("Ordinary Shares") at a price of 60.5p per
share. Following this transaction Mr Daly holds 1,520,000 Ordinary
Shares, representing 0.82 per cent of the Company's issued share
capital.
Enquiries:
Real Estate Investors plc
Paul Bassi +44 (0)121 212 3446
Smith & Williamson Corporate
Finance Limited
Azhic Basirov/David Jones +44 (0)20 7131 4000
Liberum
Jamie Richards/Tom Fyson +44 (0)20 3100 2000
Gable Communications Limited +44 (0)20 7193 7463
John Bick +44 (0)7872 061007
rei@gablecommunications.com
About Real Estate Investors plc
Real Estate Investors plc is a publicly quoted property
investment company with a portfolio of over 1,000,000 sq ft of
commercial property managed by a highly experienced property team
with over 100 years of combined experience of operating in the
Midlands property market across all sectors.
The Company's strategy is to invest in well located, real estate
assets in the established and proven markets of central Birmingham
and the Midlands, with income and capital growth potential,
realisable through active portfolio management, refurbishment,
change of use and lettings. The portfolio has no material reliance
on a single asset or occupier.
On 1st January 2015, the Company converted to a Real Estate
Investment Trust (REIT). Real Estate Investment Trusts are listed
property investment companies or groups not liable to corporation
tax on their rental income or capital gains from their qualifying
activities.
The Company aims to deliver capital growth and income
enhancement from its assets with the view to implementing a
progressive dividend policy. Further information on the Company can
be found at www.reiplc.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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May 24, 2016 10:32 ET (14:32 GMT)