CapLease Announces Record Date for Interim Fourth Quarter Dividends
05 11월 2013 - 8:00PM
Business Wire
CapLease, Inc. (NYSE:LSE) (the “Company”) announced today that
it expects November 4, 2013, to be the record date for the
previously announced interim fourth quarter dividends payable on
its common stock, limited partnership units, 8.125% Series A
Cumulative Redeemable Preferred Stock (NYSE: LSEPrA), 8.375% Series
B Cumulative Redeemable Preferred Stock (NYSE: LSEPrB), and 7.25%
Series C Cumulative Redeemable Preferred Stock (NYSE: LSEPrC). The
Company expects its previously announced merger with an affiliate
of American Realty Capital Properties, Inc. to be completed after
the market closes on November 5, 2013. In that case, stockholders
of record as of November 4, 2013, will be entitled to receive the
applicable interim dividend payments.
The payment of these dividends is conditioned on the closing of
the merger. If the merger is not completed on November 5, 2013,
then the record date for determining stockholders entitled to
payment of the dividends will be the last business day prior to the
date that the merger becomes effective.
The Company will issue a press release after the merger becomes
effective announcing the final per share amount of the dividends
payable on its common stock and preferred stock.
About the Company:
CapLease, Inc. is a real estate investment trust, or “REIT,”
that primarily owns and manages a diversified portfolio of
single-tenant commercial real estate properties subject to
long-term leases to high-credit-quality tenants.
Forward-Looking Statements
Any statements in this press release about prospective
performance and plans for the Company, the expected timing of the
completion of the proposed merger and payment of the proposed
dividends, the ability to complete the proposed merger, and other
statements containing the words “estimates,” “believes,”
“anticipates,” “plans,” “expects,” “will,” and similar expressions,
other than historical facts, constitute forward-looking statements
within the meaning of the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Factors or risks that
could cause our actual results to differ materially from the
results we anticipate include, but are not limited to: (1) the
occurrence of any event, change or other circumstances that could
give rise to the termination of the previously announced Agreement
and Plan of Merger, dated May 28, 2013, between the Company,
American Realty Capital Properties, Inc., and certain affiliates of
each (the “Merger Agreement”); (2) the inability to complete the
proposed merger due to the failure to satisfy the conditions in the
merger agreement to completion of the merger; (3) risks related to
disruption of management’s attention from the Company’s ongoing
business operations due to the merger; (4) the effect of the
announcement of the proposed merger on the Company’s relationships
with its customers, tenants, lenders, operating results and
business generally; (5) the outcome of any legal proceedings
relating to the merger or the Merger Agreement; and (6) risks to
consummation of the merger, including the risk that the merger will
not be consummated within the expected time period or at all.
Actual results may differ materially from those indicated by such
forward-looking statements. In addition, the forward-looking
statements included in this press release represent our views as of
the date hereof. We anticipate that subsequent events and
developments will cause our views to change. However, while we may
elect to update these forward-looking statements at some point in
the future, we specifically disclaim any obligation to do so. These
forward-looking statements should not be relied upon as
representing our views as of any date subsequent to the date
hereof. Additional factors that may cause results to differ
materially from those described in the forward-looking statements
are set forth in the Company’s Annual Report on Form 10-K for the
fiscal year ended December 31, 2012, which was filed with the SEC
on February 21, 2013, under the heading “Item 1A—Risk Factors,” and
in subsequent reports on Forms 10-Q and 8-K filed with the SEC by
the Company.
Investor RelationsICRBrad Cohen,
212-217-6393bcohen@icrinc.com
Capital Lease Fnding (NYSE:LSE)
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