Walls & Futures REIT PLC Issue of Equity (9395O)
May 23 2018 - 2:15AM
UK Regulatory
TIDMWAFR
RNS Number : 9395O
Walls & Futures REIT PLC
23 May 2018
Walls & Futures REIT plc
(Epic: WAFR)
Issue of Equity
The Board of Directors is pleased to confirm that at a meeting
on 22 May 2018 they accepted Applications for Subscription received
by the Company in respect of the Offer contained in the Company's
Circular dated 12 February 2018 which had its first close on 26
March. At the meeting it was confirmed that the Company would issue
a total of 85,192 Ordinary Shares of 5p at 94p each. The gross
proceeds received by the Company from this subscription are GBP
80,080. The applications included subscriptions from existing
shareholders and new investors
Following the issue of the ordinary shares referred to above the
issued share capital of the Company is now 3,612,229 Ordinary
Shares. This figure may be used by shareholders as the denominator
for the calculation by which they determine if they are required to
notify their interests in, or change to, their interest in the
Company under the FCA's Disclosure and Transparency Rules.
The Directors of Walls & Futures REIT plc accept
responsibility for this announcement.
About Walls & Futures REIT plc
Walls & Futures is an Ethical Housing REIT, providing new
homes for some of the most vulnerable people in society. This
includes learning and physical disabilities, mental health needs,
homelessness and extra care (housing with care for the
elderly).
We collaborate with our customers, including charities and
housing associations, to design, fund, build and deliver quality
homes that are sustainable in terms of their environmental impact,
energy efficiency and financially viability.
Our aim is to generate a measurable and beneficial social impact
alongside a financial return, which is
to deliver a long-term annual net return of 7-9% of which 3-4%
will be paid in the form of a dividend.
Walls & Futures is quoted on the NEX Exchange Growth Market
(Ticker: WAFR) and is a member of the Social Stock Exchange.
Walls & Futures have been nominated for NEX Company of the
Year and Impact Company of the Year at the forthcoming Small Cap
Awards 2018.
For further information
Walls & Futures
Joe McTaggart - Chief Executive
Walls & Futures REIT plc
3rd Floor
111 Buckingham Palace Road
London, SW1W 0SR
T 0333 700 7171
E joe@wallsandfutures.com
W www.wallsandfutures.com
Corporate Adviser
David Papworth
City & Merchant Limited
Level 17 Dashwood House
69 Old Broad Street
London, EC2M 1RX
T 020 7101 7676
E info@cityandmerchant.com
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END
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