Result of General Meeting and Issue of Equity

RNS Number : 1667W

KCR Residential REIT PLC

30 July 2018

 

For immediate release

30 July 2018

KCR Residential REIT plc
("KCR" or the "Company")

Result of General Meeting

and

Issue of Equity

KCR is pleased to announce that at the Company's General Meeting held earlier today, all resolutions put to the meeting were duly passed. Consequently, following the Company's announcements on 13 July 2018, the Company has issued and allotted 4,434,570 New Ordinary Shares pursuant to the Proposals, conditional on Admission.

Application has been made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM. It is expected that Admission will become effective at 8.00 a.m. on 31 July 2018 and that dealings in the New Ordinary Shares will commence at that time. The 4,434,570 New Ordinary Shares will be credited as fully paid and will rank pari passu with the Company's existing Ordinary Shares.

Capitalised terms used in this announcement have the meanings given to them in the Circular posted to shareholders by the Company on 13 July 2018, a copy of which is available to view on the Company's website at www.kcrreit.com.

Enquiries

KCR Residential REIT plc Dominic White, Chief executive	[e-mail] [phone]
Arden Partners plc Steve Douglas Ben Cryer	[phone]
Yellow Jersey PR Charles Goodwin Abena Affum	[phone] [phone]

 

END

 

 

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