Update on IPSX

BWP REIT PLC

04 September 2023

 

4 September 2023

 BWP REIT plc

("BWP REIT" or the "Company")

Update on IPSX

The Board of BWP REIT plc 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 IPSX has commenced the process of winding down operations (see www.ipsx.com ). IPSX has confirmed that its secondary market operations will continue trading through the wind-down period of 90 days from today and the ability to buy and sell the Company's shares may continue until the date that admission is cancelled.

BWP REIT has been investigating alternative platforms for listing to ensure trading in its shares can continue. The Board, in consultation with its Asset and Investment Manager and its Lead Adviser, is in discussions with such alternative platforms and believe there are a number of viable options.

A further announcement regarding the new listing venue will be made in due course.

ENQUIRIES

BWP REIT PLC

Edmund Craston - Chairman                                                 via FTI Consulting below

WH Ireland Limited (IPSX Lead Adviser)                            [phone]

Chris Hardie, Darshan Patel

FTI Consulting (Financial and PR Adviser)                          [phone]

Richard Sunderland                                                                 [e-mail]

Eve Kirmatzis, Oliver Parsons

M7 Real Estate

Allan Green                                                                              [phone]

Alter Domus (UK) Limited (Company Secretary)            [phone]

The Company's ISIN is GB00BQ1NFW69.

Further information on BWP REIT plc is available at www.bwpreit.com/.

 

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