17 June2019

Custodian REIT plc

('Custodian REIT' or 'the Company')

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

Custodian REIT (LSE: CREI), the UK property investment company, announces that as required by Article 19.3 of Regulation (EU) No. 596/2014 on market abuse (the 'Market Abuse Regulations'), the Companywas notified on 14 June2019of the following transaction by Ian Mattioli, a Non-Executive Director of the Company, relating to the purchase of ordinaryshareswithin CLM SIPP, a pension scheme of which he is a beneficiary.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

CLM SIPP

2

Reason for the notification

a)

Position/status

PCA - Ian Mattioli is a beneficiary of CLM SIPP

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

Custodian REIT plc

b)

LEI

2138001BOD1J5XK1CX76

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 1 penceper share

GB00BJFLFT45

b)

Nature of the transaction

Purchaseof Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

117.87 pence

50,079

d)

Aggregated information

- Aggregated volume

- Price

50,079

117.87 pence

e)

Date of the transaction

2019-06-14

f)

Place of the transaction

London Stock Exchange

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. Upon publication of this announcement, this information is now considered to be in the public domain.

- Ends -

For further information, please contact:

Custodian Capital Limited

Richard Shepherd-Cross / Nathan Imlach / Ian MattioliMBE

Tel: +44 (0)116 2408740

www.custodiancapital.com

Numis Securities Limited

Nathan Brown / Hugh Jonathan

Tel: +44 (0)20 7260 1000

www.numiscorp.com

Camarco

Ed Gascoigne-Pees

Tel: +44 (0)20 3757 4984

www.camarco.co.uk

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Custodian REIT plc published this content on 17 June 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 June 2019 09:18:07 UTC