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LONDON - Sirius Real Estate Limited (LSE:SRE) purchased 208,317 ordinary shares on Thursday for its newly introduced Employee Matching Share Plan (EMSP), according to a company statement.
The real estate firm acquired the shares at an average price of 100.78 pence per share for a total value of £210,997, as part of a program allowing employees to buy company shares annually up to £1,700 (€2,000) and receive matching shares after three years.
Under the plan, German employees will receive matching shares at a 1:1 ratio, while UK employees and those in other jurisdictions will receive them at a 1.4:1 ratio to account for tax treatment differences. The matching shares will vest after three years if employees remain with the company.
Eight senior executives participated in the initial share purchase, including CEO Andrew Coombs, who acquired 1,686 shares, bringing his total beneficial interest to 12,662,832 shares (0.84% of issued share capital).
Other participants included CFO Chris Bowman, COO Rüdiger Swoboda, Chief Impact and Marketing Officer Kremena Wissel, Chief HR Officer Annemie Ress, Chief Investment Officer Tariq Khader, General Counsel James Peggie, and Group Company Secretary Anthony Gallagher.
The purchased shares are being transferred to the trustee of the Sirius Real Estate Employee Benefit Trust, who will hold them as nominee in accordance with the EMSP rules.
The company introduced the share plan in May 2025 to provide all Group employees with an opportunity to build shareholdings and align their interests with those of Sirius shareholders.
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