Custodian REIT PLC Block listing (3737P)
November 17 2016 - 2:01AM
UK Regulatory
TIDMCREI
RNS Number : 3737P
Custodian REIT PLC
17 November 2016
17 November 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 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 18 November 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 GBP10 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
ALSUNUVRNNAAAAA
(END) Dow Jones Newswires
November 17, 2016 02:01 ET (07:01 GMT)
Custodian Property Incom... (LSE:CREI)
Historical Stock Chart
From Apr 2024 to May 2024
Custodian Property Incom... (LSE:CREI)
Historical Stock Chart
From May 2023 to May 2024