Custodian REIT PLC Block listing (6862V)
April 20 2016 - 2:00AM
UK Regulatory
TIDMCREI
RNS Number : 6862V
Custodian REIT PLC
20 April 2016
20 April 2016
Custodian REIT plc
("Custodian REIT" or "the Company")
Block listing
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 22 April 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
ALSUKRSRNSASAAR
(END) Dow Jones Newswires
April 20, 2016 02:00 ET (06:00 GMT)
Custodian Property Incom... (LSE:CREI)
Historical Stock Chart
From Jun 2024 to Jul 2024
Custodian Property Incom... (LSE:CREI)
Historical Stock Chart
From Jul 2023 to Jul 2024