Secure Income’s management tops up stakes

Secure Income REIT’s management and board members have bolstered their company holdings by collectively purchasing £250,000 of stock. The team collectively bought 100,000 shares priced at 250p each. Its total holding now stands at 40,045,583 shares, up from 39,961,546. The move marks a display of confidence in the company, as real estate stocks continue to trade down. Prestbury Incentives, which bought the shares, is owned by the REIT’s management team – Nick Leslau, Mike Brown, Sandy Gumm, Tim Evans and Ben Walford. Chairman Martin Moore and independent directors Leslie Ferrar and Ian Marcus also bought shares on the same terms.   To send feedback, e-mail pui-guan.man@egi.co.uk or tweet @PuiGuanM or @estatesgazette