Issue of Equity

RNS Number : 7975Q

Aberdeen Standard Eur Lgstc Inc PLC

23 June 2020

 

23 June 2020

Aberdeen Standard European Logistics Income PLC

Issue of Shares

The Board of Aberdeen Standard European Logistics Income PLC (the "Company") announces that in response to specific investor demand, it has today issued for cash 5 million new ordinary shares in the Company ("New Ordinary Shares") at a price of 105 pence per New Ordinary Share (the "Issue"). The New Ordinary Shares were issued pursuant to the authority to dis-apply pre-emption rights granted by the Company's shareholders at the Company's Annual General Meeting in June 2019.

Application for Admission

Application will be made to the Financial Conduct Authority for admission of the New Ordinary Shares to the premium segment of the Official List and to London Stock Exchange plc for admission to trading of the New Ordinary Shares on its main market for listed securities (the "Main Market"), (together, "Admission"). It is expected that Admission will become effective, and that dealings in the New Ordinary Shares on the Main Market will commence, on Friday, 26 June 2020.

Total Voting Rights

Immediately following Admission, the Company's issued share capital will consist of 239,500,001 Ordinary Shares with voting rights. This figure may be used by shareholders in determining the denominator for the calculation by which they will establish if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

For further information please contact:

Aberdeen Asset Management PLC  [phone]

Luke Mason

Gary Jones

Investec Bank plc  [phone]

Dominic Waters

Neil Brierley

Will Barnett

Alice Douglas

Denis Flanagan

LEI: 213800I9IYIKKNRT3G50

 

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