Issue of Equity

RNS Number : 3241O

Pacific Industrial & Log REIT PLC

17 August 2017

 

17 August 2017

Pacific Industrial & Logistics REIT plc

("Pacific Industrial & Logistics", the "Company" or the "Group")

Issue of Equity

The Company announces the issue of 50,000 new ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") pursuant to the exercise of 50,000 warrants. Application has been made for 50,000 new Ordinary Shares, which will rank pari passu with the existing Ordinary Shares, to be admitted to trading on AIM ("Admission"). Admission is expected to occur on 17 August 2017.

Following Admission, the total number of voting rights in the Company will be 68,114,724 Ordinary Shares. This number may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Further enquiries:

Pacific Industrial & Logistics REIT Plc Richard Moffitt Christopher Turner Sam Tucker	[phone]
Canaccord Genuity - Nominated Adviser, Joint Financial Adviser and Sole Bookrunner Bruce Garrow / Charlie Foster	[phone]
Kinmont- Joint Financial Advisor Mat Thackery	[phone]

 

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