1 |
Details of the person discharging managerial responsibilities/person closely associated |
a) |
Name |
MARGARET SWEENEY |
|
2 |
Reason for the 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 |
IRISH RESIDENTIAL PROPERTIES REIT PLC |
b) |
LEI |
635400EOPACLULRENY18 |
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 |
(i) ORDINARY SHARES OF €0.10 EACH (ii) ORDINARY SHARES OF €0.10 EACH IDENTIFICATION CODE: IE00BJ34P519 |
b) |
Nature of the transaction |
(i) GRANT OF A CONDITIONAL AWARD OF 437,601 ORDINARY SHARES OF €0.10 EACH TO BE ISSUED IN ACCORDANCE WITH AND SUBJECT TO THE IRISH RESIDENTIAL PROPERTIES REIT PLC LONG TERM INCENTIVE PLAN 2014 (AS AMENDED IN NOVEMBER 2015) WITH A VESTING DATE OF 27 MARCH 2023, SUBJECT TO RESTRICTIONS (ii) AWARD OF BENEFICIAL INTEREST IN 92,393 ORDINARY SHARES of €0.10 EACH |
c) |
Price(s) and volume(s) |
(i)
Price(s) |
Volume(s) |
NIL |
CONDITIONAL AWARD OVER 437,601 ORDINARY SHARES |
(ii)
Price(s) |
Volume(s) |
€1.194432 |
92,393 ORDINARY SHARES |
|
d) |
Aggregated information - Aggregated volume - Price |
(i) NIL - CONDITIONAL AWARD OF 437,601 ORDINARY SHARES OF €0.10 EACH VALUED AS AT 27 MARCH 2020 AT A PRICE OF €1.234 PER ORDINARY SHARE (BEING THE CLOSING PRICE ON THE GRANT DATE) (ii) 92,393 ORDINARY SHARES OF €0.10 EACH AT AN AVERAGE PRICE OF €1.194432 PER SHARE |
e) |
Date of the transaction |
(i) 27 MARCH 2020 (ii) 30 MARCH 2020 |
f) |
Place of the transaction |
(i) OUTSIDE A TRADING VENUE (ii) EURONEXT DUBLIN |
g) |
Additional Information |
NONE |