TIDMCREI

RNS Number : 8004Z

Custodian REIT PLC

17 March 2017

 
 
 

17 March 2017

Custodian REIT plc

("Custodian REIT" or "the Company")

Block listing

Custodian REIT (LSE: CREI), the UK commercial real estate investment company, announces that an application has been made to the UK Listing Authority for a block listing of 13,400,000 ordinary shares of 1 pence each ("the Block Listing") 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.

Ordinary shares issued under the Block Listing will be used to satisfy investor demand that cannot otherwise be met from the secondary market. Proceeds raised from issuance of ordinary shares under the Block Listing will be invested in accordance with the Company's investment policy.

The Block Listing is expected to become effective at 8:00 a.m. on 20 March 2017.

- Ends -

For further information, please contact:

 
 Custodian Capital Limited 
 Richard Shepherd-Cross / Nathan Imlach        Tel: +44 (0)116 240 
  / Ian Mattioli MBE                                          8740 
                                          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 property 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

ALSUBVKRBVAOARR

(END) Dow Jones Newswires

March 17, 2017 05:59 ET (09:59 GMT)

Custodian Property Incom... (LSE:CREI)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024 Custodian Property Incom... 차트를 더 보려면 여기를 클릭.
Custodian Property Incom... (LSE:CREI)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024 Custodian Property Incom... 차트를 더 보려면 여기를 클릭.