Secure Income’s management bolsters its stake

Secure Income REIT’s management and board members have further increased their holdings in the company by purchasing another £250,000 of stock. The team has bought 111,111 shares in the REIT priced at 225p per each, taking its holding to 40,164,756 shares, which equates to 12.4% of the company’s share capital. Two senior Prestbury staff also purchased shares on the same terms as Secure Income REIT’s management and board members It is the second time in May Prestbury Incentives, which is owned by the REIT’s management team – Nick Leslau, Mike Brown, Sandy Gumm, Tim Evans and Ben Walford – and Secure Income REIT’s chairman Martin Moore and independent directors Leslie Ferrar and Ian Marcus, have purchased the company’s stock. Earlier in May the team collectively bought 100,000 shares priced at 250p each for £250,000. To send feedback, e-mail louise.dransfield@egi.co.uk or tweet @DransfieldL or @estatesgazette