Regional REIT Limited Annual Report and Accounts and Notice of 2017 AGM (3713C)
April 13 2017 - 1:00AM
UK Regulatory
TIDMRGL
RNS Number : 3713C
Regional REIT Limited
13 April 2017
13 April 2017
Regional REIT Limited
Annual Report and Accounts 2016 and Notice of the 2017 Annual
General Meeting
Following the release on 23 March 2017 of its preliminary
results for the year ended 31 December 2016 (RNS: 2563A), Regional
REIT Limited (the "Company") announces that it has published its
Annual Report and Accounts 2016.
The Company also announces that it will hold its Annual General
Meeting at the offices of Macfarlanes LLP, 20 Cursitor Street,
London EC4A 1LT, on 25 May 2017 at 10:30 am.
In accordance with Listing Rule 9.6.1, the Annual Report and
Accounts 2016 and the Notice of the 2017 Annual General Meeting
(the "Documents") have been submitted to the National Storage
Mechanism and will shortly be available for inspection at
http://www.morningstar.co.uk/uk/NSM.
Copies of the Documents are also available to view on the
Company's website at www.regionalreit.com.
Copies of the Documents, together with a Form of Proxy for use
in connection with the 2017 Annual General Meeting, will be posted
to the Company's Shareholders shortly.
- ENDS -
Enquiries:
Regional REIT Limited
Press enquiries through Headland PR
Toscafund Asset Management LLP Tel: +44 (0) 20 7845 6100
Investment Manager to the Group
James S Johnson, Investor Relations, Regional REIT Limited
London & Scottish Investments Limited Tel: +44 (0) 141 248 4155
Asset Manager to the Group
Stephen Inglis
Headland PR Consultancy LLP Tel: +44 (0) 20 7367 5222
Financial PR
Francesca Tuckett
Capita Company Secretarial Services Limited
Company Secretary
Benjamin Hanley Tel: +44 (0) 1392 477563
About Regional REIT
Regional REIT Limited (LSE: RGL) is a London Stock Exchange Main
Market traded specialist real estate investment trust focused on
office and industrial property interests in the principal regional
locations of the United Kingdom outside of the M25 motorway.
Regional REIT is managed by London & Scottish Investments,
the Asset Manager, and Toscafund Asset Management, the Investment
Manager, and was formed by the combination of two existing funds
previously created by the Managers as a differentiated play on the
expected recovery in UK regional property, to deliver an attractive
total return to Shareholders and with a strong focus on income.
The Group's investment portfolio, as at 31 December 2016, was
spread across 123 regional properties, 941 units and 717 tenants.
As at 31 December 2016, the investment portfolio had a value of
GBP502.4m and a net initial yield of 6.7%. The weighted average
unexpired lease term to first break was 3.6 years.
The Company's shares were admitted to the Official List of the
UK's Financial Conduct Authority and to trading on the London Stock
Exchange on 6 November 2015. For more information, please visit the
Group's website at www.regionalreit.com.
Cautionary Statement
This document has been prepared solely to provide additional
information to Shareholders to assess the Group's performance in
relation to its operations and growth potential. The document
should not be relied upon by any other party or for any other
reason. Any forward looking statements made in this document are
done so by the Directors in good faith based on the information
available to them up to the time of their approval of this
document. However, such statements should be treated with caution
due to the inherent uncertainties, including both economic and
business risk factors, underlying any such forward-looking
information.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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