SIRIUS REAL ESTATE LIMITED
(Incorporated in Guernsey)
Company Number: 46442
JSE Share Code: SRE
LSE (GBP) Share Code: SRE
LEI: 213800NURUF5W8QSK566
ISIN Code: GG00B1W3VF54


23 November 2022
                                       Sirius Real Estate Limited

                           ("Sirius Real Estate", "Sirius" or the "Company")

 Allotment of 2018 Long Term Incentive Plan Shares and notification of a transaction by a Person
                       Discharging Managerial Responsibilities ("PDMR")

Further to the announcement published on 18 July 2022, Sirius Real Estate announces that awards
granted on 14 June 2019 under the Sirius Real Estate Limited 2018 Long-Term Incentive Plan
(the “2018 LTIP”), which vested on 13 May 2022, were exercised on 22 November 2022, in respect of
the remaining 1,531,361 ordinary shares of no par value in the Company.

811,621 shares are now due to be delivered to satisfy the remaining award and a further 719,740
shares have been withheld in settlement of the participant’s tax liability arising in respect of the
vesting. Accordingly, 811,621 ordinary shares of no par value will be issued to the participant.
Disclosure of the award made to the Person Discharging Managerial Responsibilities (“PDMR”) is
detailed below. The participant award will be made up of an issue of 811,621 new ordinary shares of
no par value in the Company.

Following the issue of the new ordinary shares, the total number of voting rights in the Company will
be 1,175,863,985. There are no shares held in Treasury.

Application has been made for the new ordinary shares to be admitted to trading on the main market
of London Stock Exchange Plc (“LSE”), to be admitted to listing on the premium segment of the Official
List of the Financial Conduct Authority and to be listed on the main board of the JSE Limited (“JSE”). It
is expected that admission of the new ordinary shares will take place at commencement of trade on
both the LSE at 8.00am (GMT) and on the JSE at 9.00am (SAST), on or around 30 November 2022.

                                      Notification of dealing forms


 1.     Details of PDMR / person closely associated with them (“PCA”)
 a)     Name                            Andrew Coombs
 2.     Reason for the notification
 a)     Position / status               Chief Executive Officer
 b)     Initial notification /          Initial notification
        amendment
 3.     Details of the issuer
 a)     Name                            Sirius Real Estate Limited

 b)     LEI                             213800NURUF5W8QSK566
 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 of no par value.
        instrument, type of
        instrument

 b)     Identification code            GG00B1W3VF54

 c)     Nature of the transaction      Acquisition of new shares issued to satisfy an award made
                                       under the 2018 LTIP.

                                       Following this transaction, Mr. Coombs holds a beneficial
                                       interest in 10,611,878 shares, representing 0.90% of the
                                       Company’s issued share capital.



 d)     Price(s) and                     Price(s)         Volume(s)           Total(s)
        volume(s)                        (p/GBP)                              (p/GBP)

                                         Nil              811,621             0.00



 e)     Date of the transaction        22 November 2022

 f)     Place of the transaction       Outside a trading venue (off market)

 g)     Nature and extent of interest Direct, beneficial
        in the transaction
 h)     Clearance to deal in these securities was obtained in accordance with paragraph 3.66 of the
        JSE Listings Requirements.

For further information:

Sirius Real Estate
Andrew Coombs, CEO                      +49 (0)30 285010110
Alistair Marks, CIO and Interim CFO

FTI Consulting (financial PR)
Richard Sunderland                      +44 (0)20 3727 1000
James McEwan
Talia Shirion

SiriusRealEstate@fticonsulting.com

JSE Sponsor
PSG Capital