Hibernia REIT : Notification of Transactions by PDMR

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

William Nowlan

Reason for the notification

a)

Position/status

Non-Executive Director

b)

Initial Notification Amendment

Initial Notification

3

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

a)

Name

Hibernia REIT plc

b)

LEI

635400MHRA4QVVFTON18

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 €0.10 each in Hibernia REIT plc

ISIN: IE00BGHQ1986

b)

Nature of the transaction

Issue of shares to Mr. William Nowlan in respect of deferred consideration relating to the year ended 31 March 2017 due under the terms of the management internalisation transaction completed in November 2015.

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

2017-07-03

f)

Place of the transaction

Outside a trading venue - issue of new shares.

g)

Additional Information

Total shareholding in Hibernia REIT plc following this transaction is

4,131,056 Ordinary Shares (0.60%)