Unitholders approve expansion to Thai fund

RNS Number : 1412O

Tesco PLC

08 October 2012

 

Tesco PLC

8 September 2012

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA

UNITHOLDERS APPROVE EXPANSION TO THAI PROPERTY FUND

In line with the previous announcement on 3 September 2012, the unitholders of the Tesco Lotus Retail Growth Freehold and Leasehold Property Fund (TLGF) have approved the proposed injection of five additional Tesco Lotus-anchored shopping malls into the Thailand-listed property fund.  At an Extraordinary General Meeting on 5 October 2012, TLGF unitholders approved the issuance and allocation of up to 650 million new investment units on a public offering basis. 

Details related to the proposed offering, including the final number of new investment units offered, final offering price, the offering period and subscription details will be determined and publicly announced at later dates.

The distribution of this announcement may be restricted by law in certain jurisdictions.  Persons into whose possession this announcement comes are required to inform themselves about and to observe any such restrictions.

This announcement is not an offer of securities for sale in the United States or elsewhere.  The securities referred to herein are not being registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States unless registered under the Securities Act or pursuant to an exemption from such registration.  There will be no public offering of the securities referred to herein in the United States.  Copies of this announcement are not being, and should not be, distributed in or sent into the United States, Canada, Japan or Australia.

Contact:

Investors             Chris Griffith                                      [phone]

Media                   Ian Hutchins                                       + 44 (0) 1992 644 887

                                Brunswick                                           + 44 (0) 207   404 5959

 

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