RDI Reit : PDMR Share Dealing

RDI REIT P.L.C.

('RDI' or the 'Company')

(Registered number 010534V)

LSE share code: RDI

JSE share code: RPL

ISIN: IM00BH3JLY32

LEI: 2138006NHZUMMRYQ1745

PDMR Share Dealing

RDI advises that, on 18 July 2019, Ellwain Investments (PTY) Limited ('Ellwain') received a dividend in specie from the RBH Hotel Group Limited of 55,445 ordinary shares in RDI. Marc Wainer is a 50% shareholder in Ellwain and a Non-executive Director of RDI.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Marc Wainer
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	RDI REIT P.L.C.
b)	LEI	2138006NHZUMMRYQ1745
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	Shares 2138006NHZUMMRYQ1745
b)	Nature of the transaction	RBH Hotel Group Limited distributed a dividend in specie to Ellwain Investments (PTY) Limited, of which Marc Wainer is a 50% shareholder
c)	Price(s) and volume(s)	Price(s) Volume(s) 111.80pence 27,723
d)	Aggregated information - Aggregated volume - Price	27,723 £30,994.31
e)	Date of the transaction	2019-07-18
f)	Place of the transaction	Off market transaction

For further information:

RDI REIT P.L.C.
Mike Watters, Stephen Oakenfull	Tel: [phone]
FTI Consulting
UK Public Relations Adviser
Dido Laurimore, Claire Turvey, Ellie Sweeney	Tel: [phone]
Instinctif Partners
SA Public Relations Adviser
Frederic Cornet	Tel: [phone]
JSE Sponsor
Java Capital	Tel: + 27 (0) 11 722 3050

Note to editors:

About RDI

RDI is an income focused UK-REIT with a diversified portfolio invested principally in the UK. The investment approach is driven by an in depth understanding of occupational demand including the impact of technology, transport and infrastructure investment. The portfolio has been repositioned in recent years to increase its weighting to London and the South East and to provide greater exposure to our leading hotel and serviced office operating platforms.

RDI is committed to delivering attractive income led total returns across the real estate cycle. The current strategic objectives of a lower leverage capital structure and more focused allocation of capital are targeted at delivering an industry leading and sustainable income return.

RDI is a UK Real Estate Investment Trust (UK-REIT) and holds a primary listing on the London Stock Exchange and a secondary listing on the JSE. The Company is included within the EPRA, GPR, JSE All Property and JSE Tradeable Property indices.

For more information on RDI, please refer to the Company's websitewww.rdireit.com