Update re. Proposed Sale

Summary by AI BETAClose X

The PRS REIT plc has announced that the Scottish Widows Change of Control Condition has been satisfied, clearing the way for the proposed sale of PRS HoldCo. This sale is now contingent solely on shareholder approval at the General Meeting on November 27, 2025, with completion anticipated around December 11, 2025. Following a successful sale, the Board intends to seek shareholder approval for the company's voluntary liquidation, with net assets to be distributed to shareholders.

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