Aberdeen Standard Eur Lgstc Inc PLC Result of Placing (1558S)
March 12 2021 - 08:39AM
UK Regulatory
TIDMASLI
RNS Number : 1558S
Aberdeen Standard Eur Lgstc Inc PLC
12 March 2021
THIS ANNOUNCEMENT IS NOT FOR RELEASE, DISTRIBUTION OR
PUBLICATION, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED
STATES, CANADA, AUSTRALIA, NEW ZEALAND, JAPAN OR THE REPUBLIC OF
SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION OR
DISTRIBUTION WOULD BE UNLAWFUL.
THIS ANNOUNCEMENT HAS BEEN DETERMINED TO CONTAIN INSIDE
INFORMATION
12 March 2021
Aberdeen Standard European Logistics Income PLC
LEI: 213800I9IYIKKNRT3G50
Result of Placing
Further to the announcement of 10 March 2021, the Board of
Aberdeen Standard European Logistics Income PLC (the "Company" or
"ASLI") is pleased to announce that the Company proposes to issue
18.45 million new ordinary shares in the capital of the Company
("New Ordinary Shares") at a price of 105 pence per share (the
"Issue"), raising gross proceeds of GBP19.4 million. The Issue was
over-subscribed at the issue price and a scaling back process was
undertaken.
Application has been made to the Financial Conduct Authority for
admission of the New Ordinary Shares to the premium segment of the
Official List and to London Stock Exchange plc for admission to
trading of the New Ordinary Shares on its main market for listed
securities (the "Main Market"), (together, "Admission"). It is
expected that Admission will become effective, and that dealings in
the New Ordinary Shares on the Main Market will commence at 8.00
a.m. on 16 March 2021.
Following the issue of the New Ordinary Shares, the total number
of voting rights in the Company will be 262,950,001. This figure
may be used by shareholders in determining the denominator for the
calculation by which they will establish if they are required to
notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure and Transparency Rules.
Tony Roper, Chairman of ASLI said:
"We are very pleased with the support shown from our existing
and new shareholders. By utilising the total remaining issuance
authority and the Company's EUR40 million loan facility, the
Investment Manager has sufficient capital to fund its near-term
pipeline. We also hope to announce the completion of the Company's
fifteenth acquisition later this month."
The ticker for the Company's ordinary shares is ASLI. The ISIN
for the Company's ordinary shares is GB00BD9PXH49 and the SEDOL is
BD9PXH4.
For further information please contact:
Aberdeen Asset Management PLC +44 (0) 20 7463 6000
Luke Mason
Gary Jones
Investec Bank plc +44 (0) 20 7597 4000
Dominic Waters
Neil Brierley
Will Barnett
David Yovichic
Denis Flanagan
FTI Consulting +44 (0) 20 3727 1000
Dido Laurimore
Richard Gotla
James McEwan
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END
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