Update on IPSX

Mailbox REIT PLC

05 September 2023

 

5 September 2023

Mailbox REIT Plc

("Mailbox REIT" or the "Company")

Update on IPSX

The Board of Mailbox REIT has today been notified by the International Property Securities Exchange ("IPSX"), the market on which the shares in the Company are quoted and traded, that it has commenced the process of winding down operations.  IPSX states that its secondary market operations  will continue  through the wind-down period of 90 days from today and the buying and selling of shares in the Company may continue as normal.

Mailbox REIT has been investigating alternative platforms for listing and trading its shares to improve liquidity for investors. The Board, in consultation with its Asset and Investment Manager and its Lead Advisor, is in discussions with such an alternative platform and expects to take a final decision shortly.  A further announcement regarding the new listing and trading arrangements will be made in due course.

Stephen Barter, Chairman of Mailbox REIT, said: "While we are sad to learn that IPSX is to wind down, we have been preparing for the possibility of such an outcome. We are finalising arrangements for listing and trading on an alternative platform, where access to trading and liquidity will be improved, while protecting the interests of all our shareholders. In the meantime we note that IPSX will remain open, while it winds down its operations".

For further information, please visit www.themailboxreit.com or contact:

Mailbox REIT PLC
Stephen Barter - Chairman	via Tavistock
WH Ireland (Lead Advisor & Corporate Broker)	[phone]
Chris Hardie Darshan Patel
Tavistock (PR and IR)	[phone]
Simon Hudson James Whitmore	[e-mail]
Alter Domus (UK) Limited (Company Secretary)	[phone] [e-mail]

The Company's ISIN is GB00BM9BWM32.

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