Publication of a Prospectus

RNS Number : 4249S

Urban Logistics REIT PLC

15 November 2021

 

THIS ANNOUNCEMENT IS NOT AN OFFER FOR SALE OR SUBSCRIPTION OR SOLICITATION TO PURCHASE SHARES IN ANY JURISDICTION. THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN, IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION, TRANSMISSION, DISTRIBUTION OR FORWARDING, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, SOUTH AFRICA OR ANY OTHER STATE OR JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

15 November 2021 

Urban Logistics REIT plc

("Urban Logistics" or the "Company")

Publication of Prospectus

Further to the announcement earlier today, Urban Logistics, the last mile logistics focused REIT, announces the publication of a Prospectus in connection with the proposed equity raise of £200 million by way of a Placing, Offer for Subscription and Intermediaries Offer (the "Initial Issue"), the implementation of a placing programme (the "Placing Programme") and the admission of the Company's Existing Ordinary Shares and any New Ordinary Shares pursuant to the Initial Issue to listing on the premium segment of the Official List and to trading on the premium segment of the London Stock Exchange's Main Market ("Initial Admission").

Further details of the Initial Issue, Placing Programme and Initial Admission is set out in the Prospectus. A copy of the Prospectus will be submitted to the National Storage Mechanism and will shortly thereafter be available for inspection at:  https://data.fca.org.uk/#/nsm/nationalstoragemechanism  as well as on the Company's website at https://www.urbanlogisticsreit.com/ . Full details of the Terms and Conditions of the Initial Issue will be made available in the Prospectus.

For further information contact: 

Urban Logistics REIT plc Richard Moffitt	[phone]
Buchanan Helen Tarbet Simon Compton George Beale	[phone] [phone] [phone] [phone]
Singer Capital Markets - Sponsor, Nominated Adviser, Joint Broker and Joint Bookrunner James Maxwell / Alaina Wong / Oliver Platts (Corporate Finance) Alan Geeves / James Waterlow / Sam Greatrex (Sales)	[phone]
Panmure Gordon (UK) Limited - Joint Broker and Joint Bookrunner Chloe Ponsonby (Corporate Broking) Emma Earl (Corporate Finance) David Hawkins (Sales)	[phone]
Alvarium - Joint Bookrunner Mark Thompson Eddie Nissen Oliver Kenyon	[phone] [phone] [phone]

About Urban Logistics REIT plc

Urban Logistics REIT plc is a property investment company, quoted on the AIM market of the London Stock Exchange (AIM: SHED).

The Company has been established to invest in UK-based logistics properties with the objective of generating attractive dividends and capital returns for its shareholders. Its investment strategy focuses on strategically located smaller single let properties servicing high-quality tenants. Investment returns will be generated by an experienced management team focusing on quality stock selection and active asset management.

A number of structural and commercial factors currently support the attractive opportunity in the last mile/regional industrial and logistics real estate sub-sectors targeted by the Company, including: strong occupier demand, (driven by the growth of e-commerce and investment by retailers in their associated supply chain) and a decline in the supply of smaller sized lettable space in industrial and logistics real estate across the UK.

IMPORTANT NOTICE

Neither this announcement, nor any copy of it, may be taken or transmitted, published or distributed, directly or indirectly, in or into the United States or any other jurisdiction where to do so would constitute a violation of the relevant securities laws of such jurisdiction. This Announcement is for information purposes only and does not constitute an offer to sell or issue, or the solicitation of an offer to buy, acquire or subscribe for any shares in the Company in the United States or any other state or jurisdiction in which such offer or solicitation is not authorised or to any person to whom it is unlawful to make such offer or solicitation. Any failure to comply with these restrictions may constitute a violation of securities laws of such jurisdictions.

The Ordinary Shares have not been, and will not be, registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or under any securities laws of any state or other jurisdiction of the United States and may not be offered, sold, resold, transferred or delivered, directly or indirectly, in or into the United States except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the US Securities Act and in compliance with the securities laws of any state or other jurisdiction of the United States. There be no public offering of the Ordinary Shares in the United States.

 

END

 

 

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