8 August 2024
TRITAX BIG BOX REIT PLC
(the "Company")
PURCHASE OF ORDINARY SHARES BY PDMRS
The Board of the Company announces that in accordance with the terms of the Investment Management Agreement between the Company and Tritax Management LLP (the "Manager") dated 4 May 2022, pursuant to which 25 per cent. of the management fee (net of any applicable tax) is applied to the purchase of ordinary shares in the Company ("Ordinary Shares"), the Manager has acquired in the market a total of 1,407,286 Ordinary Shares on behalf of certain partners and employees of the Manager, including the persons discharging managerial responsibilities ("PDMRs") and abrdn Holdings Limited, in its capacity as member of the Manager. The Ordinary Shares were acquired on 7 August 2024 at £1.6078 per share.
| PDMR | Position | Number of Ordinary Shares acquired | Number of Ordinary Shares held following the acquisition | % of issued share capital following the acquisition |
| Colin Godfrey | PDMR | 96,296 | 3,059,133 | 0.1233 |
| James Dunlop | PDMR | 96,296 | 2,996,772 | 0.1208 |
| Henry Franklin | PDMR | 64,209 | 2,223,975 | 0.0896 |
| Bjorn Hobart1 | PDMR | 18,021 | 456,752 | 0.0184 |
| Petrina Porter (née Austin) | PDMR | 18,021 | 402,154 | 0.0162 |
| Frankie Whitehead2 | PDMR | 18,021 | 237,512 | 0.0095 |
| abrdn Holdings Limited | Member of Manager | 1,020,058 | 6,397,532** | 0.2578 |
| Tritax Management LLP | Manager | 0 | 95,275 | 0.0038 |
| Staff of Tritax Management LLP3 | Staff of Manager | 76,364 | 1,132,670** | 0.0456 |
| Total | | 1,407,286 | 17,001,775 | 0.6853 |
1 18,021 Shares have been acquired by Lianne Hobart (PCA of Bjorn Hobart)
2 18,021 Shares have been acquired by Martine Whitehead (PCA of Frankie Whitehead)
3 Includes staff and other partners of the Manager
**In respect of the staff of Tritax Management LLP and abrdn Holdings Limited these figures only include Ordinary Shares issued or purchased pursuant to the management fee arrangements with the respective companies and not, in the case of abrdn Holdings Limited, holdings of abrdn plc and its affiliates.
FOR FURTHER INFORMATION, PLEASE CONTACT:
|
The Company's LEI is: 213800L6X88MIYPVR714
NOTES:
Tritax Big Box REIT plc (ticker: BBOX) is the only listed vehicle dedicated to investing in very large logistics warehouse assets (Big Boxes) in the UK and is committed to delivering attractive and sustainable returns for Shareholders. Investing in and actively managing existing built investments, land suitable for Big Box development and developments predominantly delivered through pre-let forward funded basis, the Company focuses on large, well-located, modern Big Box logistics assets, let to institutional-grade tenants on long-term leases (typically at least 12 years in length) with upward-only rent reviews and geographic and tenant diversification throughout the UK. The Company seeks to exploit the significant opportunity in this sub-sector of the UK logistics market owing to strong tenant demand and limited supply of Big Boxes.
The Company is a real estate investment trust to which Part 12 of the UK Corporation Tax Act 2010 applies (REIT), is listed on the premium segment of the Official List of the UK Financial Conduct Authority and is a constituent of the FTSE 250, FTSE EPRA/NAREIT and MSCI indices.
Further information on Tritax Big Box REIT is available at www.tritaxbigbox.co.uk
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a)
| Name
| Colin Godfrey | |||
| 2 | Reason for the notification | ||||
| a)
| Position/status
| PDMR | |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a)
| Name | Tritax Big Box REIT plc | |||
| b)
| LEI | 213800L6X88MIYPVR714 | |||
| 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 instrument, type of instrument | Ordinary Shares of 1p each | |||
| | | ||||
| Identification code | ISIN: GB00BG49KP99 | ||||
| | | ||||
| b)
| Nature of the transaction
| Purchase of Ordinary Shares | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) - GBP | Volume(s) | | |
| | | 1.6078 | 96,296 | | |
| | | | | | |
| d)
| Aggregated information | N/A | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 07/08/2024 | |||
| f)
| Place of the transaction
| London Stock Exchange (XLON) | |||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a)
| Name
| James Dunlop | |||
| 2 | Reason for the notification | ||||
| a)
| Position/status
| PDMR
| |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Tritax Big Box REIT plc
| |||
| b) | LEI | 213800L6X88MIYPVR714
| |||
| 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 instrument, type of instrument | Ordinary Shares of 1p each | |||
| | | ||||
| Identification code | ISIN: GB00BG49KP99 | ||||
| | | ||||
| b)
| Nature of the transaction
| Purchase of Ordinary Shares | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) - GBP | Volume(s) | | |
| | | 1.6078 | 96,296 | | |
| | | | | | |
| d)
| Aggregated information | N/A | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 07/08/2024 | |||
| f)
| Place of the transaction
| London Stock Exchange (XLON) | |||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a)
| Name
| Henry Franklin | |||
| 2 | Reason for the notification | ||||
| a)
| Position/status
| PDMR
| |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name
| Tritax Big Box REIT plc | |||
| b) | LEI
| 213800L6X88MIYPVR714 | |||
| 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 instrument, type of instrument | Ordinary Shares of 1p each | |||
| | | ||||
| Identification code | ISIN: GB00BG49KP99 | ||||
| | | ||||
| b)
| Nature of the transaction
| Purchase of ordinary shares | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) - GBP | Volume(s) | | |
| | | 1.6078 | 64,209 | | |
| | | | | | |
| d)
| Aggregated information | N/A | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 07/08/2024 | |||
| f)
| Place of the transaction
| London Stock Exchange (XLON) | |||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a)
| Name
| Lianne Hobart | |||
| 2 | Reason for the notification | ||||
| a)
| Position/status
| PCA of PDMR (Bjorn Hobart)
| |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name
| Tritax Big Box REIT plc | |||
| b) | LEI
| 213800L6X88MIYPVR714 | |||
| 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 instrument, type of instrument | Ordinary Shares of 1p each | |||
| | | ||||
| Identification code | ISIN: GB00BG49KP99 | ||||
| | | ||||
| b)
| Nature of the transaction
| Purchase of ordinary shares | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) - GBP | Volume(s) | | |
| | | 1.6078 | 18,021 | | |
| | | | | | |
| d)
| Aggregated information | N/A | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 07/08/2024 | |||
| f)
| Place of the transaction
| London Stock Exchange (XLON) | |||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a)
| Name
| Petrina Porter (née Austin) | |||
| 2 | Reason for the notification | ||||
| a)
| Position/status
| PDMR
| |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name
| Tritax Big Box REIT plc | |||
| b) | LEI
| 213800L6X88MIYPVR714 | |||
| 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 instrument, type of instrument | Ordinary Shares of 1p each | |||
| | | ||||
| Identification code | ISIN: GB00BG49KP99 | ||||
| | | ||||
| b)
| Nature of the transaction
| Purchase of ordinary shares | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) - GBP | Volume(s) | | |
| | | 1.6078 | 18,021 | | |
| | | | | | |
| d)
| Aggregated information | N/A | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 07/08/2024 | |||
| f)
| Place of the transaction
| London Stock Exchange (XLON) | |||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a)
| Name
| Martine Whitehead | |||
| 2 | Reason for the notification | ||||
| a)
| Position/status
| PCA of PDMR (Frankie Whitehead)
| |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name
| Tritax Big Box REIT plc | |||
| b) | LEI
| 213800L6X88MIYPVR714 | |||
| 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 instrument, type of instrument | Ordinary Shares of 1p each | |||
| | | ||||
| Identification code | ISIN: GB00BG49KP99 | ||||
| | | ||||
| b)
| Nature of the transaction
| Purchase of ordinary shares | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) - GBP | Volume(s) | | |
| | | 1.6078 | 18,021 | | |
| | | | | | |
| d)
| Aggregated information | N/A | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 07/08/2024 | |||
| f)
| Place of the transaction
| London Stock Exchange (XLON) | |||
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