Sirius completed internalisation transaction

Sirius Real Estate Limited has completed the transaction, announced on 20th January 2012, with the principals of its external asset manager to internalise the core management of Sirius via the acquisition of Sirius Facilities GmbH and other assets from the interests of Kevin and Frank Oppenheim and the Principle Capital Group. The total consideration for the acquisition is €5.1 million payable through the transfer of 15 million shares and approximately €1.9m in cash. Following the transaction, the Company holds 10,576,824 of its ordinary shares in treasury and has 317,223,176 ordinary shares in issue (excluding treasury shares).