Drum Income Plus REIT PLC Issue of Equity (7148X)
February 23 2017 - 8:35AM
UK Regulatory
TIDMDRIP
RNS Number : 7148X
Drum Income Plus REIT PLC
23 February 2017
DRUM INCOME PLUS REIT
LEI: 213800FG3PJGQ3KQH756
ISSUE OF EQUITY
The Board announces that Drum Income Plus REIT plc (the
"Company") has issued 1,607,090 ordinary shares of 10p each (the
"New Shares") conditional only on admission to listing on the
Official List of the UK Listing Authority and to trading on the
main market of the London Stock Exchange. The New Shares, which
rank pari passu with the Company's existing shares, are being
issued at a price of 100 pence per ordinary share.
Applications have been made for these shares to be admitted to
the Official List of the UK Listing Authority and to trading on the
main market of the London Stock Exchange's ("Admission"). It is
expected that Admission will become effective and that
unconditional dealings in these shares will commence at 8.00 a.m.
(London time) on 24 February 2017.
Following Admission, as a result of this allotment, the total
number of ordinary shares in issue will be 38,201,990, and the
total number of voting rights in the Company will be
38,201,990.
The above figure may be used by shareholders as the denominator
for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest
in, the Company under the FCA's Disclosure, Guidance and
Transparency Rules.
Enquiries
Drum Real Estate Investment Management (Investment Manager)
Bryan Sherriff 0131 285 0050
Drum Income Plus REIT Plc
Martin Cassels, Company Secretary 0131 550 3760
Cantor Fitzgerald Europe (Financial Adviser and Corporate Broker)
Sue Inglis (Corporate Finance) 020 7894 8016
Ben Heatley / Richard Sloss (Sales) 020 7894 8529 / 0131 240 3863
This information is provided by RNS
The company news service from the London Stock Exchange
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