Custodian REIT PLC Issue of Equity (6822V)
April 19 2016 - 9:45AM
UK Regulatory
TIDMCREI
RNS Number : 6822V
Custodian REIT PLC
19 April 2016
19 April 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 to satisfy continued investor
demand, 3,000,000 new ordinary shares of 1 pence each in the
capital of the Company ("the New Shares") were issued today at
106.62 pence per share, raising GBP3,198,600 (before costs and
expenses). 2,080,000 of the New Shares were issued under the 9
February 2016 block listing of 10,000,000 shares with remaining
920,000 being issued under a new block listing which is expected to
become effective at 8:00 a.m. on 22 April 2016, for which an
application has been made to the UK Listing Authority.
Following issue of the New Shares, the Company's issued share
capital comprises 254,242,071 ordinary shares.
- Ends -
For further information, please contact:
Custodian Capital Limited
Richard Shepherd-Cross / Nathan Tel: +44 (0)116 240 8740
Imlach / Ian Mattioli
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
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