Public Service Properties Inv Ltd Update on Compulsory Redemption of Shares (4640L)

TIDMPSPI

RNS Number : 4640L

Public Service Properties Inv Ltd

28 April 2015

Public Service Properties Investments Limited

("the Company")

Update on the Compulsory Partial Redemption of Shares

On 14 April 2015 the Company announced the Compulsory Partial Redemption of approximately 67 million ordinary shares at 23.875p per per ordinary share redeemed. Effective on 27 April 2015, the Company has compulsory redeemed 67,454,020 ordinary shares for total consideration of GBP16,099,871.93. The previous ISIN VGG729641024 expired at the close of business on 24 April 2015 (the "Record Date") and the new ISIN VGG729481058 was enabled from 27 April 2015.

The Company's share capital now comprises 37,931,697 ordinary shares of $0.01 each in issue and admitted to trading on AIM under the new ISIN.

The Company's registrar is expected to make payment on 1 May 2015 for the compulsory redeemed shares either through CREST or by issuance of a cheque depending on how shareholders held their shares on the Record Date.

For further information please visit www.pspiltd.com or call:

 
 Dr. D. Srinivas       Ben Mingay               Tom Griffiths 
  Ralph Beney           Philip Kendall           Henry Willcocks 
                        Sylvester Oppong 
 
  RP&C International    Smith Square Partners    Westhouse Securities 
  (Asset Manager)       (Financial Adviser)      (Nomad and 
  020 7766 7000         0203 696 7260            Broker) 
                                                 020 7601 6100

This information is provided by RNS

The company news service from the London Stock Exchange

END

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