Urban Logistics REIT PLC AIM Application (7648I)
November 28 2018 - 4:21AM
UK Regulatory
TIDMSHED
RNS Number : 7648I
Urban Logistics REIT PLC
28 November 2018
Urban Logistics REIT plc
("Urban Logistics" or the "Company")
AIM Application
Following a review of the Company's share capital, the Company
has identified that 50,000 ordinary shares in the capital of the
Company ("Ordinary Shares") issued and allotted on 17 August 2017,
pursuant to the exercise of warrants, were not admitted to trading
on AIM at that time. Therefore, application has been made for the
50,000 Ordinary Shares to be admitted to trading on AIM, with
admission expected to occur on 29 November 2018. This will not
change the total number of voting rights in the Company.
For the avoidance of doubt, the total number of voting rights in
the Company is 86,100,818 Ordinary Shares. This number 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.
For further information contact:
Urban Logistics REIT plc
Richard Moffitt +44 (0)20 7591 1600
Montfort - Financial PR and IR adviser
Olly Scott +44 (0)78 1234 5205
N+1 Singer - Nominated Adviser and Broker
James Maxwell
James Moat +44 (0)20 7496 3000
About Urban Logistics REIT
Urban Logistics REIT plc is a property investment company,
quoted on the AIM market of the London Stock Exchange, (AIM:
SHED).
The Company has been established to invest in UK-based
industrial and logistics properties with the objective of
generating attractive dividends and capital returns for its
shareholders. Its investment strategy focuses on strategically
located smaller single let industrial and logistics properties
servicing high-quality tenants. Investment returns will be
generated by an experienced management team focusing on quality
stock selection and active asset management.
A number of structural and commercial factors currently support
the attractive opportunity in the last mile/regional industrial and
logistics real estate sub-sectors targeted by the Company,
including: strong occupier demand, (driven by the growth of
e-commerce and investment by retailers in their associated supply
chain) and a decline in the supply of lettable space in industrial
and logistics real estate across the UK, (being more than one third
lower than the most recent peak of 2009).
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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