Publication of Supplementary Prospectus

RNS Number : 6099Z

Urban Logistics REIT PLC

15 September 2022

 

   15 September 2022

Urban Logistics REIT plc

("Urban Logistics" or the "Company")

Publication of Supplementary Prospectus

Urban Logistics (LON: SHED), the last mile logistics focused REIT, has today published a supplementary prospectus ("Supplementary Prospectus") dated 15 September 2022. The Supplementary Prospectus is supplemental to, and should be read in conjunction with, the prospectus published by the Company on 15 November 2021 in respect of the Company's placing programme.

The Supplementary Prospectus relates to the publication of the Company's report and accounts for the financial year ending 31 March 2022, certain information from which is incorporated by reference into the Supplementary Prospectus.

The Supplementary Prospectus, which has been approved by the FCA, has been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism  and on the Company's website at  www.urbanlogisticsreit.com/investors/results-reports-presentations/ .

Unless otherwise defined, capitalised terms used in this announcement shall have the same meaning as set out in the Prospectus.

- Ends -

Urban Logistics REIT plc Richard Moffitt	[phone]
Buchanan Helen Tarbet Simon Compton George Beale	[phone] [phone] [phone] [phone]
Singer Capital Markets - Joint Broker James Maxwell / Alaina Wong / Oliver Platts (Corporate Finance) Alan Geeves / James Waterlow / Sam Greatrex (Sales)	[phone]
Panmure Gordon (UK) Limited - Joint Broker Chloe Ponsonby (Corporate Broking) Emma Earl (Corporate Finance)	[phone]

About Urban Logistics REIT

Urban Logistics REIT plc (LON: SHED) is a FTSE 250 property investment company. The Company is the only listed London-listed REIT to focus on specialist last mile / last touch logistics assets, with a tenant base which delivers essential goods within the UK. The Company's strategy is to invest in mid-sized logistics properties with the objective of generating attractive dividends and capital returns through active asset management.

Urban Logistics' investment management team, led by Richard Moffitt and Christopher Turner, has over 50 years' experience in investing in the logistics market within the broader real estate market. The team's ability to source vital and strategically located mid-sized single let properties, with high-quality tenants, off-market at favourable terms, creates considerable value for shareholders. Tenants include Amazon, GXO, DHL, Hermes, DPD, Boots, Unipart (for NHS) and J Sainsbury Plc.

Buying well and pursuing additional value enhancing asset management initiatives has driven the Company's growth, enabling Urban Logistics to grow from a £10m market cap company at IPO in April 2016 to over £800m at present.

 

END

 

 

PSPLAMLTMTIBMTT