STATEMENT REGARDING PRESS COMMENT

RNS Number : 8565O

SEGRO PLC

12 February 2016

 

12 February 2016

STATEMENT REGARDING PRESS COMMENT

SEGRO plc ('SEGRO') notes the recent media comment regarding a possible transaction with Roxhill Developments ('Roxhill'). SEGRO confirms that it is in discussions regarding a possible arrangement with Roxhill that, should it be agreed, will enable SEGRO to strengthen its presence in the UK big box logistics market.

The arrangement would involve SEGRO and Roxhill working together over a period of years to develop a number of land sites in the Midlands and South East regions of the UK, which are currently held under option by Roxhill.

There is no guarantee that an agreement will be reached and a further announcement will be made if and when appropriate.

ENDS

For further information, please contact:

SEGRO plc

Harry Stokes (Head of Investor Relations and Research)

Tel: [phone] / [e-mail]

Lizzie Humphreys (External Communications Manager)

Tel: [phone] / [e-mail]

Richard Sunderland / Claire Turvey (FTI Consulting)

Tel: [phone]

Notes to Editors:

SEGRO plc

SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing and light industrial property. It owns or manages 5.7 million square metres of space in £6.4 billion of assets (at 30 June 2015, SEGRO's share of which totals £5.2 billion), serving 1,200 customers from a wide range of industry sectors. Its properties are located around major conurbations and at key transportation hubs across nine European countries, principally in the UK, France, Germany and Poland.

For further information see www.SEGRO.com/investors.

 

END

 

 

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