JADE ROAD INVESTMENTS
LIMITED
("Jade Road Investments",
"JADE" or the "Company)
Proposed Change to Investing
Policy
Jade Road Investments Limited
(AIM:JADE), the London quoted investment company that looks to
provide investors exposure to diversified, high-return investment
opportunities in the property sector is pleased to announce a
proposed update to its Investing Policy. As announced on 7 February
2025 JADE has entered into a conditional strategic
partnership/investment commitment with Woollard and Hall Ltd ,
Unique Property Investment Group Ltd ('Unique') and WestOne Capital
Group Ltd ('WestOne'). As a result, the Company intends to update
its Investing Policy to better align with this change in
focus.
Following the successful completion
of the fundraising announced on 7 February 2025, it is anticipated
that JADE will make investments into Unique and WestOne following
further proposed capital raises in the coming months. These
investments will seek to provide exposure to growth in assisted
living housing projects across the UK. WestOne will bring its
expertise in structured finance and capital solutions, enhancing
the ability to deliver diversified, high-return investment
opportunities. Additionally, Unique will seek to advance its
proposed development of super-prime real estate projects in Dubai.
The partnership seeks to leverage Jade Road's capital and
cross-border capabilities, with WestOne providing innovative
financing structures to support domestic and international property
ventures. Together, the partnership is seeking to create a platform
for investors seeking exposure to high-growth real estate markets
in the UK and Dubai.
In the coming days the Company will
announce a shareholder circular in order to seek shareholder
approval for the updated Investing Policy. The proposed Investing
Policy is as follows:
1) The Company has an indefinite
life, has a primary focus on the property sector with a secondary
focus on targeting assets in any class which will produce income
returns and capital gains over time for its
Shareholders.
2)The Company will seek the best
risk-adjusted returns globally, with a preference for investments
in the property sector governed by legal systems that the Company
understands and believes to be reliable.
3)The Company may invest directly
into real assets, listed securities, over-the-counter traded
securities, currencies, companies, contractual obligations, or
commodities ("Direct Financings").
4)The Company may provide financing
to entities, becoming a lender to, or a limited partner or
shareholder of, an affiliated or third party which itself has a
strategy to invest in underlying listed securities,
over-the-counter traded securities, currencies, companies, real
assets, contractual obligations or commodities ("Indirect
Financings").
5)The Company shall ensure that at
the time of entering into a Direct Financing, it shall represent
not more than 50% of the Company's net asset value immediately
following the relevant transaction. There is no limit on the number
of investments the Company may take.
6)The Company shall ensure that at
the time of entering into an Indirect Financing, no underlying
asset of the indirectly financed entity shall represent more than
75% of the Company's net asset value immediately following the
relevant transaction.
7) There is no restriction on the
duration the Company will hold any investment nor any restriction
on the Company exiting any or all of its investments to realise
value. Furthermore, there is no restriction on the time for the
Company to make its investments in such assets.
8) The Company will pursue a
predominantly passive management strategy. However, on
a case by case basis, it may consider securing additional
governance rights such as observer or board appointments where the
situation or asset dictates such additional oversight.
9)The Company may utilise gearing
when appropriate. The Company will continue to exercise
prudence in determining whether prevailing market conditions and
investor expectations warrant the utilisation of any leverage over
its portfolio.
10)The Company will consider issuing
its own shares as consideration for interests in other companies or
assets but such cross holdings will be limited to 30 per cent. of
the Company's issued shares in aggregate from time to
time.
For further information, please
contact:
Jade Road Investments
Limited
+44 (0) 778 531 5588
John Croft
Zeus Capital Limited - Nominated
Adviser
+44 (0) 203 829 5000
James Joyce / Andrew de
Andrade
This announcement contains inside
information for the purposes of Article 7 of the UK version of
Regulation (EU) No 596/2014 which is part of UK law by virtue of
the European Union (Withdrawal) Act 2018, as amended. Upon the
publication of this announcement via a Regulatory Information
Service, this inside information is now considered to be in the
public domain
