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Custodian REIT

Issue of Equity

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RNS Number : 8898X
Custodian REIT PLC
29 November 2017
 

 

 

29 November 2017

Custodian REIT plc

 

("Custodian REIT" or "the Company")

 

Issue of equity

 

Custodian REIT (LSE: CREI), the UK commercial real estate investment company, announces that to satisfy continued investor demand, 4,000,000 new ordinary shares of 1 pence each in the capital of the Company ("the New Shares") were issued today under its ordinary share block listing facility.  The New Shares were issued at 115.0 pence per share, raising £4,600,000 (before costs and expenses).

 

Following this issue, the Company's issued share capital comprises 372,853,344 ordinary shares.

 

- Ends -

 

For further information, please contact:

 

Custodian Capital Limited


Richard Shepherd-Cross / Nathan Imlach / Ian Mattioli MBE

Tel: +44 (0)116 240 8740


www.custodiancapital.com

 

Numis Securities Limited


Nathan Brown / Hugh Jonathan

Tel: +44 (0)20 7260 1000


www.numiscorp.com

 

Camarco


Ed Gascoigne-Pees

Tel: +44 (0)20 3757 4984


www.camarco.co.uk

 

Notes to Editors

 

Custodian REIT plc is a UK real estate investment trust, which listed on the main market of the London Stock Exchange on 26 March 2014.  Its portfolio comprises properties predominantly let to institutional grade tenants on long leases throughout the UK and is characterised by properties with individual values of less than £10 million at acquisition. 

 

The Company offers investors the opportunity to access a diversified portfolio of UK commercial real estate through a closed-ended fund.  By targeting sub £10 million lot size, regional properties, the Company intends to provide investors with an attractive level of income with the potential for capital growth. 

 

Custodian Capital Limited is the discretionary investment manager of the Company. 

 

For more information visit www.custodianreit.com and www.custodiancapital.com. 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Quick facts: Custodian REIT

Price: £1.17

Market: LSE
Market Cap: £477.32 m
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