Standard LifeInvProp Issue of Equity
February 06 2017 - 11:00AM
UK Regulatory
TIDMSLI
6 February 2017
Standard Life Investments Property Income Trust Limited
Issue of Equity
Standard Life Investments Property Income Trust Limited (the "Company")
announces that, on 6 February 2017, it issued 400,000 ordinary shares of 1
pence each (the "Ordinary Shares") under its block listing facility for cash at
a price of 86.5 pence per share to meet ongoing demand for the Ordinary Shares
pursuant to the Company's tap issuance programme.
The net proceeds from the issue of the new Ordinary Shares will be used to
reduce the Company's borrowings and/or invested in accordance with the
Company's investment policy.
The new Ordinary Shares will, when issued, be credited as fully paid and rank
pari passu with the existing Ordinary Shares in the capital of the Company,
including the right to receive all future dividends and distributions declared,
made or paid.
Following Admission, the Company will have 382,515,419 Ordinary Shares in
issue. The total number of voting rights of the Company will be 382,515,419 and
this figure may be used by shareholders as the denominator for the calculations
by which they will determine if they are required to notify their interest in,
or a change to their interest in, the Company.
Enquiries:
Standard Life Investments +44 (0) 131 245 3151
Graeme McDonald
Winterflood Investment Trusts +44 (0) 20 3100 0000
Graeme Caton
Neil Langford
END
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