Custodian REIT PLC Issue of Equity (1043V)
January 25 2017 - 7:28AM
UK Regulatory
TIDMCREI
RNS Number : 1043V
Custodian REIT PLC
25 January 2017
25 January 2017
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, 7,000,000 new ordinary shares of 1 pence each in the
capital of the Company ("the New Shares") were issued today. The
New Shares were issued at 106.33 pence per share, raising
GBP7,443,100 (before costs and expenses).
Following this issue, the Company's issued share capital
comprises 330,513,345 ordinary shares.
Applications will be made for the New Shares 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. Admission is expected to become
effective, and dealings in the New Shares are expected to commence,
at 8.00 a.m. on 1 February 2017.
- Ends -
For further information, please contact:
Custodian Capital Limited
Richard Shepherd-Cross / Nathan Imlach / Tel: +44 (0)116 240 8740
Ian Mattioli MBE
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 properties with individual 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 sub GBP10 million lot size,
regional 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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