CLS reclassified as REIT on EPRA index

RNS Number : 4796O

CLS Holdings PLC

10 June 2022

 

Release date:  10 June 2022

Embargoed until:  Immediate release

CLS Holdings plc ("CLS")

CLS announces that European Public Real Estate Association ("EPRA") has reclassified CLS as a Real Estate Investment Trust ("REIT") on its Index

CLS announces that EPRA reclassified CLS as a REIT on the FTSE EPRA Nareit EMEA Developed Index on 07 June 2022. The reclassification will be effective from 20 June 2022.

Andrew Kirkman, Chief Financial Officer of CLS, commented:

"I am pleased to announce CLS' reclassification as a REIT on EPRA's index reflecting the conversion of our UK business to a REIT at the start of the year. This will further improve our comparability with peers and should increase our appeal to a broader range of investors thereby improving liquidity in our shares."

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For further information, please contact:

CLS Holdings plc

(LEI: 213800A357TKB2TD9U78)

www.clsholdings.com

Fredrik Widlund, Chief Executive Officer

Andrew Kirkman, Chief Financial Officer

[phone]

Liberum

Richard Crawley

Jamie Richards

[phone]

Panmure Gordon

Hugh Rich

[phone]

Berenberg  

Matthew Armitt

Richard Bootle

[phone]

Edelman Smithfield (Financial PR)

Alex Simmons

Hastings Tarrant

[phone]

 

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