Issue of Equity

RNS Number : 1777Y
Custodian REIT PLC
04 September 2015
 

 

 

4 September 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 1 pence each in the capital of the Company were issued today at 107.5 pence per share (the "New Shares"), raising £806,250 (before costs and expenses).

 

Following this issue, the Company's issued share capital comprises 189,055,659 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 11 September 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, 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 small lot sizes, with individual property values of less than £7.5 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 smaller lot size 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
 
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