PDMR transfers

GRIT REAL ESTATE INCOME GROUP LIMITED

(Registered in Guernsey)

(Registration number: 68739)

LSE share code: GR1T

SEM share codes (dual currency trading):

DEL.N0000 (USD) / DEL.C0000 (MUR)

ISIN: GG00BMDHST63

LEI: 21380084LCGHJRS8CN05

(Grit or the Company and, together with its subsidiaries, the "Group")

Grit Real Estate Income Group Limited

Bronwyn Knight, Chief Executive Officer

+230 269 7090

Darren Veenhuis, Corporate Finance & Investor Relations

+44 779 512 3402

Cavendish Capital Markets Limited - UK Financial Adviser

William Marle / Teddy Whiley (Corporate Finance)

+44 20 7220 5000

Mark Whitfeld / Pauline Tribe (Sales)

+44 20 3772 4697

Monica Tepes (Research)

+44 20 3772 4698

Perigeum Capital Ltd - SEM Authorised Representative and Sponsor

Shamin A. Sookia

+230 402 0894

Kesaven Moothoosamy

+230 402 0898

Capital Markets Brokers Ltd - Mauritian Sponsoring Broker

Elodie Lan Hun Kuen

+230 402 0285

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name of PDMR

Ms. Bronwyn Knight

b.

Name of PCA

The Kenzlex Trust

c.

Relationship of PDMR to PCA

Settlor and Beneficiary

2

Reason for notification

a.

Position/Status

Chief Executive Officer

b.

Initial notification/

Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

GRIT REAL ESTATE INCOME GROUP LIMITED

b.

LEI

21380084LCGHJRS8CN05

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 instrument, type of instrument

Identification Code

Ordinary Shares of No Par Value
 

GG00BMDHST63

b.

Nature of the transaction

Transfer of Ordinary Shares from the Grit Executive Share Trust to the account of a PCA

c.

Price(s) and volume(s)

Price(s)

Volume(s)

Total

Nil

875,362

Nil

d.

Aggregated information

- Aggregated Volume

- Price

Single transaction

As mentioned above

e.

Date of the transaction

27 September 2023

f.

Place of the transaction

On market transaction Stock exchange of Mauritius

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name of PDMR

Leon van de Moortele

b.

Name of PCA

Cuckoos Nest Trust

c.

Relationship of PDMR to PCA

Settlor and Beneficiary

2

Reason for notification

a.

Position/Status

Chief Financial Officer

b.

Initial notification/

Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

GRIT REAL ESTATE INCOME GROUP LIMITED

b.

LEI

21380084LCGHJRS8CN05

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 instrument, type of instrument

Identification Code

Ordinary Shares of No Par Value
 

GG00BMDHST63

b.

Nature of the transaction

Transfer of Ordinary Shares from the Grit Executive Share Trust to the account of a PCA

c.

Price(s) and volume(s)

Price(s)

Volume(s)

Total

Nil

489,460

Nil

d.

Aggregated information

- Aggregated Volume

- Price

Single transaction

As mentioned above

e.

Date of the transaction

27 September 2023

f.

Place of the transaction

On market transaction Stock exchange of Mauritius

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name of PDMR

Moira van der Westhuizen

b.

Name of PCA

N/A

c.

Relationship of PDMR to PCA

N/A

2

Reason for notification

a.

Position/Status

Head of Responsible Business

b.

Initial notification/

Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

GRIT REAL ESTATE INCOME GROUP LIMITED

b.

LEI

21380084LCGHJRS8CN05

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 instrument, type of instrument

Identification Code

Ordinary Shares of No Par Value
 

GG00BMDHST63

b.

Nature of the transaction

Transfer of Ordinary Shares from the Grit Executive Share Trust to a personal account

c.

Price(s) and volume(s)

Price(s)

Volume(s)

Total

Nil

152,064

Nil

d.

Aggregated information

- Aggregated Volume

- Price

Single transaction

As mentioned above

e.

Date of the transaction

27 September 2023

f.

Place of the transaction

On market transaction Stock exchange of Mauritius