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13 January 2016
Custodian REIT plc
("Custodian REIT" or "the Company")
Issue of equity
Custodian REIT (LSE: CREI), the UK commercial real estate investment company, is pleased to announce that in order to satisfy continued investor demand, 3,100,000 new ordinary shares of 1 pence each in the capital of the Company were issued today at 106.75 pence per share (the "New Shares"), raising £3,309,250 (before costs and expenses).
Following this issue, the Company's issued share capital comprises 242,822,071 ordinary shares.
Applications will be made for the New Shares to be admitted to the premium segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange plc's main market for listed securities. Admission is expected to become effective, and dealings in the New Shares are expected to commence, at 8.00 a.m. on 19 January 2016.
- Ends -
For further information, please contact:
Custodian Capital Limited |
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Richard Shepherd-Cross / Nathan Imlach / Ian Mattioli |
Tel: +44 (0)116 240 8740 |
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Numis Securities Limited |
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Nathan Brown / Hugh Jonathan |
Tel: +44 (0)20 7260 1000 |
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www.numiscorp.com |
Camarco |
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Ed Gascoigne-Pees |
Tel: +44 (0)20 3757 4984 |
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www.camarco.co.uk |
Notes to Editors
Custodian REIT plc is a UK real estate investment trust, which listed on the main market of the London Stock Exchange on 26 March 2014. Its portfolio comprises properties predominantly let to institutional grade tenants on long leases throughout the UK and is characterised by small lot sizes, with individual property values of less than £7.5 million at acquisition.
The Company offers investors the opportunity to access a diversified portfolio of UK commercial real estate through a closed-ended fund. By targeting smaller lot size properties, the Company intends to provide investors with an attractive level of income with the potential for capital growth.
Custodian Capital Limited is the discretionary investment manager of the Company.
For more information visit www.custodianreit.com and www.custodiancapital.com.