Update on Strategic Acquisition

Living REIT PLC

06 August 2026

 

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06 August 2026

Living REIT plc

(the "Company" or, together with its subsidiaries, the "Group")

Update on Strategic Acquisition of Senior Living Portfolio

Following completion of the Acquisition on 16 July 2026, the Board of Living REIT plc (ticker: LIVE) is pleased to provide a further update to the Company's shareholders.

As referred to in the Company's announcement dated 17 June 2026, the consideration for the Acquisition is made up of a mix of cash and newly issued Shares and a component of the consideration paid at Completion was based upon the estimated net asset value of the Target Group at Completion, with £1 million of the purchase price being deferred until finalisation of the Completion Accounts. The Completion Accounts process has now concluded and the Target Group's actual net asset value at Completion was £162,393 less than the estimated net asset value and as a consequence the deferred consideration has reduced to £837,607.  

The Company shall allot and issue 889,896 new Shares (being the Additional Consideration Shares) in satisfaction of the deferred consideration, which are expected to be admitted to the closed-ended funds segment of the Official List and to trading on the London Stock Exchange's Main Market for listed securities at 8am on 7 August 2026 ("Admission"). The Additional Consideration Shares will rank pari passu in all respects with the ordinary shares already in issue, including the right to receive all dividends, distributions or any return of capital declared, made or paid by reference to a record date after Admission.

The total number of voting rights of the Company following Admission of the Additional Consideration Shares (excluding treasury shares) is 460,459,619 and this figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or of a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

 

For further information, please contact:

Living REIT plc	Via Lauder Teacher Associates
Jos Short
Atrato Partners Limited	[e-mail]
Michael Carey Natalie Markham
Eddie Gilbourne
Deutsche Numis (Strategic Adviser and Corporate Broker)	Tel: [phone]
Hugh Jonathan Amit Wangoo
Lauder Teacher (Financial PR Adviser)	[e-mail]
Colm Lauder Andrew Teacher Shirin Iqbal	Tel: [phone]

NOTES

Living REIT is a UK-listed real estate investment trust that aims to provide shareholders with stable, long-term, inflation-aligned income through investment in a portfolio of Living assets.

The Company invests in structurally supported areas of the UK residential property market, with a focus on delivering resilient income and positive social impact. This includes investments in specialised supported housing, senior living and care homes.

Living REIT's properties provide essential social infrastructure, supporting residents and communities whilst seeking to generate an attractive, inflation-aligned total return for shareholders.

All capitalised terms not otherwise defined in the text of this announcement have the meanings given to them in the announcement dated 17 June 2026.

The Company is listed on the closed-ended investment funds category of the FCA's Official List and its Ordinary Shares are traded on the LSE's Main Market.

Atrato Partners Limited is the Company's Investment Manager.

The Company's LEI is 213800BERVBS2HFTBC58.

Further information on the Company can be found on its website at www.livingreit.com.

 

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