Notification of Transactions by PDMRs
Sirius Real Estate Limited announced on July 24, 2026, that it granted nil-cost options under its Long Term Incentive Plan and Share Incentive Plan to executive directors and other persons discharging managerial responsibilities (PDMRs). The awards, accepted on July 23, 2026, are subject to performance conditions over three financial years starting with the year ending March 31, 2027, and include a subsequent holding period. Notably, CEO Andrew Coombs received 1,941,990 LTIP awards, CFO Chris Bowman received 1,658,803 LTIP awards, and Group Company Secretary Anthony Gallagher received 90,000 SIP awards, among other grants to various PDMRs.
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LSE (GBP) Share Code: SRE
Sirius Real Estate Limited
("Sirius Real Estate" or the "Company")
Awards granted under the Sirius Real Estate Limited 2021 Long Term Incentive Plan (the "LTIP") and the Sirius Real Estate Limited 2019 Share Incentive Plan (the "SIP")
The Company confirms that it granted awards on 23 July 2026 under the LTIP ("LTIP Awards") to Executive Directors and other PDMRs and an award under the SIP ("SIP Award") to a PDMR, which LTIP Awards and SIP Award have on 23 July 2026 all been accepted.
| Director/PDMR | Maximum number of ordinary shares subject to LTIP Award and SIP Award (including for LTIP Awards, the effect of the multiplier for exceptional performance set out on page 88 of the Company's Annual Report and Accounts 2026) |
| Andrew Coombs | 1,941,990 (LTIP) |
| Chris Bowman | 1,658,803 (LTIP) |
| Rüdiger Swoboda | 764,750 (LTIP) |
| Kremena Wissel | 764,750 (LTIP) |
| Annemie Ress | 764,750 (LTIP) |
| Tariq Khader | 764,750 (LTIP) |
| James Peggie | 379,050 (LTIP) |
| Anthony Gallagher | 90,000 (SIP) |
Each award has been granted in the form of a nil-cost option and will vest, subject to the rules of the LTIP, or of the SIP as the case may be, and the satisfaction of performance conditions assessed over the three financial years of the Company beginning with the financial year ending 31 March 2027. The performance targets are set out on page 88 of the Company's Annual Report and Accounts 2026.
The peer group of companies against which Total Shareholder Return will be measured, comprises the following companies: AEW UK REIT Plc, Big Yellow Group Plc, Branicks Group AG, CLS Holdings Plc, Custodian Property Income REIT Plc, CTP N.V., Demire Deutsche Mittelstand Real Estate AG, Londonmetric Property Plc, Regional REIT Ltd, Safestore Holdings Plc, Schroder REIT, SEGRO Plc, Shurgard Self Storage SA, VIB Vermögen AG and Workspace Group Plc.
Following the assessment of the performance conditions, vested LTIP Awards will be subject to a further two-year holding period, and the vested SIP Award will be subject to a one-year holding period.
Notification of dealing forms
1.
| 1. | Details of Director/PDMR | |
| a) | Name | Andrew Coombs |
| 2. | Reason for the notification | |
| a) | Positio n / status | Chief Executive Officer |
| b) | Initial notification / amendment | Initial notification |
| 3. | Details of the issuer | |
| a) | Name | Sirius Real Estate Limited |
| b) | LEI | 213800NURUF5W8QSK566 |
| a) | Description of the financial instrument, t y pe of instrument | Ordinary shares of no par value. |
| b) | Identification code | GG00B1W3VF54 |
| c) | Nature of the transaction | Grant of nil-cost option over ordinary shares under the LTIP. |
| d) | Price(s) and volume(s) | Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) N/A 1,941,990 Nil |
| e) | Date of the transaction | 23 July 2026 |
| f) | Place of the transaction | Outside a trading venue (off market) |
| g) | Nature and extent of interest in the transaction | Direct, beneficial |
2.
| 1. | Details of Director/PDMR | |
| a) | Name | Chris Bowman |
| 2. | Reason for the notification | |
| a) | Positio n / status | Chief Financial Officer |
| b) | Initial notification / amendment | Initial notification |
| 3. | Details of the issuer | |
| a) | Name | Sirius Real Estate Limited |
| b) | LEI | 213800NURUF5W8QSK566 |
| a) | Description of the financial instrument, t y pe of instrument | Ordinary shares of no par value. |
| b) | Identification code | GG00B1W3VF54 |
| c) | Nature of the transaction | Grant of nil-cost option over ordinary shares under the LTIP. |
| d) | Price(s) and volume(s) | Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) N/A 1,658,803 Nil |
| e) | Date of the transaction | 23 July 2026 |
| f) | Place of the transaction | Outside a trading venue (off market) |
| g) | Nature and extent of interest in the transaction | Direct, beneficial |
3.
| 1. | Details of PDMR | |
| a) | Name | Rüdiger Swoboda |
| 2. | Reason for the notification | |
| a) | Positio n / status | Chief Operating Officer |
| b) | Initial notification / amendment | Initial notification |
| 3. | Details of the issuer | |
| a) | Name | Sirius Real Estate Limited |
| b) | LEI | 213800NURUF5W8QSK566 |
| a) | Description of the financial instrument, t y pe of instrument | Ordinary shares of no par value. |
| b) | Identification code | GG00B1W3VF54 |
| c) | Nature of the transaction | Grant of nil-cost option over ordinary shares under the LTIP. |
| d) | Price(s) and volume(s) | Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) N/A 764,750 Nil |
| e) | Date of the transaction | 23 July 2026 |
| f) | Place of the transaction | Outside a trading venue (off market) |
| g) | Nature and extent of interest in the transaction | Direct, beneficial |
4.
| 1. | Details of PDMR | |
| a) | Name | Kremena Wissel |
| 2. | Reason for the notification | |
| a) | Positio n / status | Chief Impact and Marketing Officer |
| b) | Initial notification / amendment | Initial notification |
| 3. | Details of the issuer | |
| a) | Name | Sirius Real Estate Limited |
| b) | LEI | 213800NURUF5W8QSK566 |
| a) | Description of the financial instrument, t y pe of instrument | Ordinary shares of no par value. |
| b) | Identification code | GG00B1W3VF54 |
| c) | Nature of the transaction | Grant of nil-cost option over ordinary shares under the LTIP. |
| d) | Price(s) and volume(s) | Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) N/A 764,750 Nil |
| e) | Date of the transaction | 23 July 2026 |
| f) | Place of the transaction | Outside a trading venue (off market) |
| g) | Nature and extent of interest in the transaction | Direct, beneficial |
5.
| 1. | Details of Director/PDMR | |
| a) | Name | Annemie Ress |
| 2. | Reason for the notification | |
| a) | Positio n / status | Chief HR Officer |
| b) | Initial notification / amendment | Initial notification |
| 3. | Details of the issuer | |
| a) | Name | Sirius Real Estate Limited |
| b) | LEI | 213800NURUF5W8QSK566 |
| a) | Description of the financial instrument, t y pe of instrument | Ordinary shares of no par value. |
| b) | Identification code | GG00B1W3VF54 |
| c) | Nature of the transaction | Grant of nil-cost option over ordinary shares under the LTIP. |
| d) | Price(s) and volume(s) | Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) N/A 764,750 Nil |
| e) | Date of the transaction | 23 July 2026 |
| f) | Place of the transaction | Outside a trading venue (off market) |
| g) | Nature and extent of interest in the transaction | Direct, beneficial |
6.
| 1. | Details of PDMR | |
| a) | Name | Tariq Khader |
| 2. | Reason for the notification | |
| a) | Positio n / status | Chief Investment Officer |
| b) | Initial notification / amendment | Initial notification |
| 3. | Details of the issuer | |
| a) | Name | Sirius Real Estate Limited |
| b) | LEI | 213800NURUF5W8QSK566 |
| a) | Description of the financial instrument, t y pe of instrument | Ordinary shares of no par value. |
| b) | Identification code | GG00B1W3VF54 |
| c) | Nature of the transaction | Grant of nil-cost option over ordinary shares under the LTIP. |
| d) | Price(s) and volume(s) | Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) N/A 764,750 Nil |
| e) | Date of the transaction | 23 July 2026 |
| f) | Place of the transaction | Outside a trading venue (off market) |
| g) | Nature and extent of interest in the transaction | Direct, beneficial |
7.
| 1. | Details of PDMR | |
| a) | Name | James Peggie |
| 2. | Reason for the notification | |
| a) | Positio n / status | General Counsel |
| b) | Initial notification / amendment | Initial notification |
| 3. | Details of the issuer | |
| a) | Name | Sirius Real Estate Limited |
| b) | LEI | 213800NURUF5W8QSK566 |
| a) | Description of the financial instrument, t y pe of instrument | Ordinary shares of no par value. |
| b) | Identification code | GG00B1W3VF54 |
| c) | Nature of the transaction | Grant of nil-cost option over ordinary shares under the LTIP. |
| d) | Price(s) and volume(s) | Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) N/A 379,050 Nil |
| e) | Date of the transaction | 23 July 2026 |
| f) | Place of the transaction | Outside a trading venue (off market) |
| g) | Nature and extent of interest in the transaction | Direct, beneficial |
8.
| 1. | Details of PDMR | |
| a) | Name | Anthony Gallagher |
| 2. | Reason for the notification | |
| a) | Positio n / status | Group Company Secretary |
| b) | Initial notification / amendment | Initial notification |
| 3. | Details of the issuer | |
| a) | Name | Sirius Real Estate Limited |
| b) | LEI | 213800NURUF5W8QSK566 |
| a) | Description of the financial instrument, t y pe of instrument | Ordinary shares of no par value. |
| b) | Identification code | GG00B1W3VF54 |
| c) | Nature of the transaction | Grant of nil-cost option over ordinary shares under the SIP. |
| d) | Price(s) and volume(s) | Price(s) (p/GBP) Volume(s) Total(s) (p/GBP) N/A 90,000 Nil |
| e) | Date of the transaction | 23 July 2026 |
| f) | Place of the transaction | Outside a trading venue (off market) |
| g) | Nature and extent of interest in the transaction | Direct, beneficial |
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