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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Standard Life Investments Property Income Trust Ld | LSE:SLI | London | Ordinary Share | GB0033875286 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 79.00 | 79.00 | 79.40 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSLI 18 June 2015 Standard Life Investments Property Income Trust Limited Result of Placing Further to the announcement on 12 June 2015, the Board of Standard Life Investments Property Income Trust Limited (the "Company") is pleased to announce that it has raised GBP9.3 million through the issue of 11,607,923 new ordinary shares of 1 penny each in the Company (the "New Shares") at a price of 80.25 pence per New Share (the "Issue"). The Issue was oversubscribed and, as such, the placing has closed early and orders have been scaled back accordingly. The number of New Shares to be issued reflects the maximum amount permissible without the publication of a prospectus pursuant to the prospectus exemption PR1.2.3(1). The net proceeds of the Issue will be used to invest in current opportunities in line with the Company's investment policy. Applications will be made for the New Shares to be admitted to the premium segment of the Official List and to trading on the Main Market of the London Stock Exchange. It is expected that dealings in the New Shares will commence at 8.00 a.m. on 24 June 2015. The New Shares will, when issued, be credited as fully paid and rank pari passu with the existing ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares"), including the right to receive all future dividends and distributions declared, made or paid. The total number of Ordinary Shares in issue stands at 288,387,160 following the Issue, and the total number of voting rights in the Company is 288,387,160. There are no shares held in Treasury. The above figure 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 and Transparency Rules. Enquiries: Standard Life Investments Gordon Humphries, Head of Investment Companies +44 (0) 131 245 2735 Winterflood Investment Trusts Graeme Caton +44 (0) 20 3100 0268 Neil Langford +44 (0) 20 3100 0160 END
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