GCP Student Living plc
(“GCP Student” or the “Company”, together with its subsidiaries
the “Group”)
LEI: 2138004J4ID66FK38H25
Total Voting Rights
25 September 2018
The Company is pleased to announce the commencement in dealings
of its 25,512,151 Placing Shares at 8.00
a.m. today on the Premium Segment of the Main Market of the
London Stock Exchange.
In conformity with Disclosure Guidance and Transparency Rules,
the Company notifies that following Admission, the issued share
capital and voting rights of the Company are as follows:
| Class of
share |
Total
number of shares in circulation |
Number
of voting rights attached to each share |
Total
number of voting rights of shares in circulation |
Number of shares held in treasury (carrying no voting rights
attached until issued) |
Total
number of shares in issue |
| Ordinary
Shares of 1p |
410,576,707 |
1 |
410,576,707 |
0 |
410,576,707 |
The above total voting rights figure may be used by shareholders
as the denominator for the calculations by which they will
determine whether they are required to notify their interest in
GCP Student Living plc under the FCA’s Disclosure Guidance and
Transparency Rules.
|
For further information, please contact:
| Gravis Capital Management Limited |
|
+44 20 3405 8500 |
| Tom Ward |
tom.ward@graviscapital.com |
|
| Nick Barker |
nick.barker@graviscapital.com |
|
| Dion Di Miceli |
dion.dimiceli@graviscapital.com |
|
|
|
|
| Stifel Nicolaus Europe Limited |
|
+44 20 7710 7600 |
| Neil Winward |
neil.winward@stifel.com |
|
| Tom Yeadon |
tom.yeadon@stifel.com |
|
| Mark Young |
mark.young@stifel.com |
|
|
|
|
|
|
|
| Buchanan |
|
+44 20 7466 5000 |
| Charles Ryland |
charlesr@buchanan.uk.com |
|
| Henry Wilson |
henryw@buchanan.uk.com |
|
|
About GCP Student
The Company was the first student accommodation REIT in the UK,
investing in modern, purpose-built, private student residential
accommodation and teaching facilities. Its investments are located
primarily in and around London
where the Investment Manager believes the Company is likely to
benefit from supply and demand imbalances for student residential
accommodation.
GCP Student’s property portfolio comprises ten assets with
c.3,600 beds which are either currently fully operational or
expected to complete construction/refurbishment over the next two
academic years. At 30 June 2018, its
property portfolio was valued at £784.4 million.
The Company’s operational properties are predominantly occupied
by international students and offer high specification facilities
and hotel-level concierge type services which the Investment
Manager believes are attractive to overseas students.