on Reinet Investments SCA (isin : LU0383812293)
Reinet Investments S.C.A. Announces Manager’s Share Disposal
Reinet Investments S.C.A. has announced a transaction notification involving its investment advisor, Reinet Investment Advisors Limited. On 5 June 2024, Reinet Investment Advisors Limited will dispose of 4,516 ordinary shares of the Company at a price of EUR 24.2916 per share. The transaction stems from obligations under a share appreciation rights scheme awarded to key executives. This transaction will occur outside a trading venue.
Reinet Investment Advisors Limited, closely associated with persons discharging managerial responsibilities within the Company, held 773,889 ordinary shares prior to this disposal. These shares were acquired to hedge share-based incentive awards for key executives and employees. The Company disclosed this information following the EU regulation on market abuse for transparency.
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