Ground Rents Income Fund PLC Exercise of Warrants (7316L)
September 10 2019 - 3:00AM
UK Regulatory
TIDMGRIO
RNS Number : 7316L
Ground Rents Income Fund PLC
10 September 2019
GROUND RENTS INCOME FUND PLC
("GRIO" or the "Company")
EXERCISE OF WARRANTS
Ground Rents Income Fund plc has received warrant exercise
notices and subscription monies in respect of 100 ordinary shares
of 50 pence each (the "New Ordinary Shares"). The warrants have
been exercised at a subscription price of GBP1.00 each. The New
Ordinary Shares will rank pari passu with the existing ordinary
shares in the Company.
Application has been made for the New Ordinary Shares to be
admitted to the Official List of The International Stock Exchange
and to trading on the SETSqx platform of the London Stock Exchange.
It is expected that admission will become effective and that
dealings in the New Ordinary Shares will commence on 13 September
2019.
Following this allotment, the issued share capital and total
voting rights of the Company will consist of 97,006,497 ordinary
shares of 50 pence each. This figure may be used by shareholders as
the denominator for the calculations by which they will determine
if they are required to notify their interest in, or a change to
their interest in, the share capital of the Company.
After the issuance, 4,423,876 warrants will remain to be
exercised from the initial 10 million warrants issued, which expire
on 31 August 2022.
Contacts:
Schroder Real Estate Investment Management
Limited
James Agar / Chris Leek 020 7658 6000
N+1 Singer (Broker)
James Maxwell / Ben Farrow 020 7496 3000
Tavistock (Media)
James Whitmore / Jeremy Carey 020 7920 3150
Appleby Securities (Channel Islands)
Limited (Sponsor)
Andrew Weaver / Zim Ceko 01534 888 777
END OF ANNOUNCEMENT
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
IOELLMRTMBIMBFL
(END) Dow Jones Newswires
September 10, 2019 03:00 ET (07:00 GMT)
Ground Rents Income (LSE:GRIO)
Historical Stock Chart
From Jun 2024 to Jul 2024
Ground Rents Income (LSE:GRIO)
Historical Stock Chart
From Jul 2023 to Jul 2024