Update on IPSX

M7 Regional E-Warehouse REIT PLC

04 September 2023

 

4 September 2023

M7 Regional E-Warehouse REIT plc

(the "Company")

Update on IPSX

IPSX Notification of Intention to Wind Down

The Board of M7 Regional E-Warehouse REIT plc has today been informed that the Board of the International Property Securities Exchange ("IPSX"), the market on which the shares in the Company are traded, has taken the decision to wind down the operations of IPSX. The notification gives 90 days notice to the Company to cancel its listing on IPSX, during which time its secondary market operations will continue to operate as normal. 

The Board can confirm that it is carefully considering all options available to the Company so as to maintain its REIT status. Consideration is therefore being given to the private REIT structure as well as alternative listing platforms. Advice is being taken in this regard and a further announcement will be made in due course, as appropriate.

ENQUIRIES

M7 Regional E-Warehouse REIT plc
James Max - Chairman	via FTI Consulting below
WH Ireland (Lead Advisor & Corporate Broker)	[phone]
Chris Hardie
FTI Consulting (Communications Adviser)	[phone]
Richard Sunderland Eve Kirmatzis	[e-mail]
Alter Domus (UK) Limited (Company Secretary)	[phone]

The Company's ISIN is GB00BLN7H037.

Further information on M7 Regional E-Warehouse REIT plc is available at www.rewreit.co.uk

 

END