PRESS RELEASE

published on 09/28/2023 at 08:00 from Grit Real Estate Income Group (isin : GG00BMDHST63)

PDMR transfers

Grit Real Estate Income Group (GR1T)
PDMR transfers

28-Sep-2023 / 07:00 GMT/BST

GRIT REAL ESTATE INCOME GROUP LIMITED

(Registered in Guernsey)

(Registration number: 68739)

LSE share code: GR1T

SEM share codes (dual currency trading):

DEL.N0000 (USD) / DEL.C0000 (MUR)

ISIN: GG00BMDHST63

LEI: 21380084LCGHJRS8CN05

(“Grit” or the “Company” and, together with its subsidiaries, the "Group")

PDMR & PCA DEALING

Grit Real Estate Income Group Limited has been notified that Persons Discharging Managerial Responsibilities ("PDMR") for the purposes of the Market Abuse Regulation ("MAR") have transferred previously vested long term incentive plan (LTI) shares from the Grit Executive Share Trust to their personal and trust accounts. Following these transfers there is no change in previously announced PDMR shareholdings in the Company.

The Notification of Transaction Forms provided in accordance with the requirements of the MAR in relation to the transaction mentioned above are set out below.

The Company also announces that its UK Financial Adviser and Broker, finnCap Ltd, has changed its name to Cavendish Capital Markets Limited.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Grit Real Estate Income Group Limited
Bronwyn Knight, Chief Executive Officer	+230 269 7090
Darren Veenhuis, Corporate Finance & Investor Relations	+44 779 512 3402

Cavendish Capital Markets Limited - UK Financial Adviser
William Marle / Teddy Whiley (Corporate Finance)	+44 20 7220 5000
Mark Whitfeld / Pauline Tribe (Sales)	+44 20 3772 4697
Monica Tepes (Research)	+44 20 3772 4698

Perigeum Capital Ltd - SEM Authorised Representative and Sponsor
Shamin A. Sookia	+230 402 0894
Kesaven Moothoosamy	+230 402 0898

Capital Markets Brokers Ltd - Mauritian Sponsoring Broker
Elodie Lan Hun Kuen	+230 402 0285

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 of PDMR	Ms. Bronwyn Knight
b.	Name of PCA	The Kenzlex Trust
c.	Relationship of PDMR to PCA	Settlor and Beneficiary
2	Reason for notification
a.	Position/Status	Chief Executive Officer
b.	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	GRIT REAL ESTATE INCOME GROUP LIMITED
b.	LEI	21380084LCGHJRS8CN05
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 Identification Code	Ordinary Shares of No Par Value GG00BMDHST63
b.	Nature of the transaction	Transfer of Ordinary Shares from the Grit Executive Share Trust to the account of a PCA
c.	Price(s) and volume(s)	Price(s)	Volume(s)	Total
		Nil	875,362	Nil
d.	Aggregated information - Aggregated Volume - Price	Single transaction As mentioned above
e.	Date of the transaction	27 September 2023
f.	Place of the transaction	On market transaction – Stock exchange of Mauritius

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 of PDMR	Leon van de Moortele
b.	Name of PCA	Cuckoos Nest Trust
c.	Relationship of PDMR to PCA	Settlor and Beneficiary
2	Reason for notification
a.	Position/Status	Chief Financial Officer
b.	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	GRIT REAL ESTATE INCOME GROUP LIMITED
b.	LEI	21380084LCGHJRS8CN05
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 Identification Code	Ordinary Shares of No Par Value GG00BMDHST63
b.	Nature of the transaction	Transfer of Ordinary Shares from the Grit Executive Share Trust to the account of a PCA
c.	Price(s) and volume(s)	Price(s)	Volume(s)	Total
		Nil	489,460	Nil
d.	Aggregated information - Aggregated Volume - Price	Single transaction As mentioned above
e.	Date of the transaction	27 September 2023
f.	Place of the transaction	On market transaction – Stock exchange of Mauritius

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 of PDMR	Moira van der Westhuizen
b.	Name of PCA	N/A
c.	Relationship of PDMR to PCA	N/A
2	Reason for notification
a.	Position/Status	Head of Responsible Business
b.	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	GRIT REAL ESTATE INCOME GROUP LIMITED
b.	LEI	21380084LCGHJRS8CN05
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 Identification Code

See all Grit Real Estate Income Group news