Custodian REIT PLC Issue of Equity (2913O)

TIDMCREI

RNS Number : 2913O

Custodian REIT PLC

08 February 2016

8 February 2016

Custodian REIT plc

("Custodian REIT" or "the Company")

Issue of equity

Custodian REIT (LSE: CREI), the UK commercial real estate investment company, announces that an application has been made to the UK Listing Authority for a block listing of 10,000,000 ordinary shares of 1 pence each ("the Block Listing") to be admitted to the premium segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange plc's main market for listed securities.

Ordinary shares issued under the Block Listing will be used in connection with the placing programme detailed in the Company's prospectus, published on 4 November 2015, to satisfy investor demand that cannot otherwise be met from the secondary market. Proceeds raised from issuance of ordinary shares under the Block Listing will be invested in accordance with the Company's investment policy.

The Block Listing is expected to become effective at 8:00 a.m. on 9 February 2016.

- Ends -

For further information, please contact:

 
 Custodian Capital Limited 
 Richard Shepherd-Cross / Nathan            Tel: +44 (0)116 
  Imlach / Ian Mattioli                            240 8740 
                                   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

Notes to Editors

Custodian REIT plc is a UK real estate investment trust, which listed on the main market of the London Stock Exchange on 26 March 2014. Its portfolio comprises properties predominantly let to institutional grade tenants on long leases throughout the UK and is characterised by small lot sizes, with individual property values of less than GBP7.5 million at acquisition.

The Company offers investors the opportunity to access a diversified portfolio of UK commercial real estate through a closed-ended fund. By targeting smaller lot size properties, the Company intends to provide investors with an attractive level of income with the potential for capital growth.

Custodian Capital Limited is the discretionary investment manager of the Company.

For more information visit www.custodianreit.com and www.custodiancapital.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

IOESSMFMIFMSEEE

(END) Dow Jones Newswires

February 08, 2016 02:00 ET (07:00 GMT)

Custodian Property Incom... (LSE:CREI)
Historical Stock Chart
From Jun 2024 to Jul 2024