Issue of Equity

RNS Number : 4123O
Custodian REIT PLC
27 May 2015
 

 

 

27 May 2015

Custodian REIT plc

 

("Custodian REIT" or "the Company")

 

Issue of equity

 

Custodian REIT (LSE: CREI), the UK commercial real estate investment company, is pleased to announce that in order to satisfy continued investor demand, 750,000 new ordinary shares of 1p each in the capital of the Company were issued today at 108.675 pence per share (the "New Shares"), raising £815,063 (before costs and expenses).

 

Following this issue, the Company's issued share capital comprises 180,005,659 ordinary shares.

 

Applications will be made for the New Shares 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.  Admission is expected to become effective, and dealings in the New Shares are expected to commence, at 8.00 a.m. on 2 June 2015.  

 

- Ends -

 

For further information, please contact:

 

Custodian Capital Limited


Richard Shepherd-Cross / Nathan Imlach / Ian Mattioli

Tel: +44 (0)116 240 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 ("REIT") listed on the London Stock Exchange.  Its portfolio consists of properties let to institutional grade tenants on long leases throughout the UK. 

 

It invests in a diversified portfolio of UK commercial properties to achieve its investment objective of providing shareholders with an attractive level of income together with the potential for capital growth through a closed-ended fund. 

 

The target portfolio is characterised by small lot sizes with individual property values of less than £7.5 million at acquisition. 

 

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
 
 
IOESEIFIWFISESI
UK 100

Latest directors dealings