Notification and public disclosure of transactions by persons closely associated with PDMR in accordance with MAR
INDUSTRIALS REIT LIMITED
(formerly Stenprop Limited)
(Registered in Guernsey )
(Registration number 64865)
LSE share code: MLI JSE share code: MLI
ISIN: GG00BFWMR296
("Industrials REIT" or the "Company")
1 February 2022
Notification and public disclosure of transactions by persons closely associated with persons discharging
managerial responsibilities in accordance with the Market Abuse Regulations.
Industrials REIT shareholders are referred to previous announcements in respect of the offer to receive
the interim dividend of 3.375 pence per share for the six months ended 30 September 2021 either as a
cash dividend or a scrip dividend by way of an issue of new Industrials REIT shares (the "Scrip Dividend").
Shareholders are advised of the following information relating to dealings in securities by associates of
directors. Clearance to deal was granted in respect of all Scrip Dividend elections.
This announcement is made in accordance with Article 19 of the UK Market Abuse Regulation.
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Lonat Limited
2 Reason for the notification
a) Position/status Paul Arenson, Chief Executive Officer of Industrials REIT Limited, is a
discretionary beneficiary of the Lonat Trust, which has a beneficial
interest in Lonat Limited
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
monitor
a) Name Industrials REIT Limited
b) LEI 5493004JYL71EMLTB211
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 Ordinary shares with a nominal value of €0.000001258
instrument, type of instrument
Identification code GG00BFWMR296
b) Nature of the transaction Election to receive shares pursuant to the Scrip Dividend as an off-
market transaction.
c) Price(s) and volume(s)
Price(s) Volume(s)
£1.95925 177,871
d) Aggregated information
- Aggregated volume 177,871
- Price £348,493.76
e) Date of the transaction 2022-01-28
f) Place of the transaction off-market transaction
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Wetherby Holdings Limited
2 Reason for the notification
a) Position/status Paul Arenson, Chief Executive Officer of Industrials REIT Limited, is a
discretionary beneficiary of the Saruga Trust, which has a beneficial
interest in Wetherby Holdings Limited
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
monitor
a) Name Industrials REIT Limited
b) LEI 5493004JYL71EMLTB211
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 Ordinary shares with a nominal value of €0.000001258
instrument, type of instrument
Identification code GG00BFWMR296
b) Nature of the transaction Election to receive shares pursuant to the Scrip Dividend as an off-
market transaction.
c) Price(s) and volume(s)
Price(s) Volume(s)
£1.95925 28,408
d) Aggregated information
- Aggregated volume 28,408
- Price £55,658.37
e) Date of the transaction 2022-01-28
f) Place of the transaction off-market transaction
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name The Swallow Trust
2 Reason for the notification
a) Position/status Patsy Watson, Non-Executive Director of Industrials REIT Limited, is a
discretionary beneficiary of the Swallow Trust
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
monitor
a) Name Industrials REIT Limited
b) LEI 5493004JYL71EMLTB211
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 Ordinary shares with a nominal value of €0.000001258
instrument, type of instrument
Identification code GG00BFWMR296
b) Nature of the transaction Election to receive shares pursuant to the Scrip Dividend as an off -
market transaction.
c) Price(s) and volume(s)
Price(s) Volume(s)
£1.95925 9,822
d) Aggregated information
- Aggregated volume 9,822
- Price £19,243.75
e) Date of the transaction 2022-01-28
f) Place of the transaction off-market transaction
For further information:
Industrials REIT Limited 44(0)20 3918 6600
Paul Arenson (paul.arenson@industrials.co.uk)
Julian Carey (julian.carey@industrials.co.uk)
James Beaumont
(james.beaumont@industrials.co.uk)
Numis Securities Limited (Financial Adviser) 44(0)20 7260 1000
Hugh Jonathan
Vicki Paine
FTI Consulting (PR Adviser) 44(0)20 3727 1000
Richard Sunderland
Richard Gotla
Neel Bose
industrialsreit@fticonsulting.com
Java Capital 27 (0)11 722 3050
(JSE Sponsor)
About Industrials REIT:
Industrials REIT is a UK REIT listed on the LSE and the JSE. The objective of the Company is to deliver sustainable
growing income to its investors. Industrials REIT invests in a diversified portfolio of UK multi-let industrial (MLI)
properties with the strategic goal of becoming the leading MLI business in the UK. For further information, go to
www.industrialsreit.com
Date: 01-02-2022 03:30:00
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