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RGL Regional Reit Limited

21.75
0.35 (1.64%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Regional Reit Limited LSE:RGL London Ordinary Share GG00BYV2ZQ34 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.35 1.64% 21.75 21.65 21.85 21.80 20.05 21.55 799,284 16:35:10
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Investment Trust 93.32M -65.16M -0.1263 -1.73 112.43M

Regional REIT Limited Annual Report and Accounts and Notice of 2017 AGM (3713C)

13/04/2017 7:00am

UK Regulatory


Regional Reit (LSE:RGL)
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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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(END) Dow Jones Newswires

April 13, 2017 02:00 ET (06:00 GMT)

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