Sirius Real Estate CEO Transfers Shares to Family Trust

Sirius Real Estate ( (GB:SRE) ) has shared an update.

Sirius Real Estate Limited announced a transaction involving its CEO, Andrew Coombs, who transferred 100,000 ordinary shares to The JJC Trust, a family trust with which he is associated as a trustee. This transaction, conducted outside of a trading venue, leaves Mr. Coombs with a total shareholding of 11,637,031 shares, representing 0.7697% of the company’s total issued share capital. The transfer does not alter Mr. Coombs’ beneficial interest as he holds no beneficial interest in the Trust, but it does reflect internal shareholding adjustments that may impact stakeholder perceptions of governance and trust management within the company.

The most recent analyst rating on (GB:SRE) stock is a Buy with a £1.10 price target. To see the full list of analyst forecasts on Sirius Real Estate stock, see the GB:SRE Stock Forecast page.

Spark’s Take on GB:SRE Stock

According to Spark, TipRanks’ AI Analyst, GB:SRE is a Outperform.

Sirius Real Estate exhibits strong financial health with robust profitability and efficient cash flow management. The stock is attractively valued, with a solid dividend yield enhancing its appeal. Corporate events reflect strategic growth and confidence in the company’s future, although technical analysis suggests a cautious outlook on short-term momentum.

To see Spark’s full report on GB:SRE stock, click here.

More about Sirius Real Estate

Sirius Real Estate Limited is a company incorporated in Guernsey, operating in the real estate industry. It is publicly traded with shares listed on the Johannesburg Stock Exchange (JSE) and the London Stock Exchange (LSE), focusing on the acquisition and management of business parks, industrial complexes, and office spaces.

Average Trading Volume: 3,794,099

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.46B

See more insights into SRE stock on TipRanks’ Stock Analysis page.