F&C UK Real Est. Inv. Share Issuance Authority

 
TIDMFCRE 
 
To:          RNS 
Date:        15 November 2017 
Company:     F&C UK Real Estate Investments Limited 
LEI:         231801XRCB89W6XTR23 
 
Share Issuance Authority 
 
The Board refers to the notice of the thirteenth annual general meeting of the 
Company to be held at Exchange House, Primrose Street, London, EC2A 2NY on 22 
November 2017 at 12 noon (the "AGM") which was sent to shareholders on 29 
September 2017.  As part of the business to be proposed at the AGM, Resolution 
12 would give the Directors the necessary authority to either issue new shares 
or sell shares in treasury on a non pre-emptive basis up to an aggregate 
nominal amount of GBP481,411 (being equivalent to 20 per cent. of the issued 
ordinary share capital as at the date of the notice of the AGM). 
Notwithstanding the level of authority being sought at the AGM, following 
consultation with shareholder voting bodies, the Board undertakes not to issue 
or sell more than 10 per cent. of the current issued share capital on a non 
pre-emptive basis without seeking further approval from shareholders. 
 
As stated in the annual report and accounts, the Directors will only issue new 
shares pursuant to this authority if they consider it to be in the interest of 
shareholders. Under no circumstances should this result in a dilution to net 
asset value per share. 
 
 
 
Enquiries: 
Northern Trust International Fund Administration Services (Guernsey) Limited 
The Company Secretary 
Trafalgar Court 
Les Banques 
St Peter Port 
Guernsey GY1 3QL 
 
Tel: [phone] 
Fax: [phone] 
 
Peter Lowe 
Scott Macrae 
F&C Investment Business Ltd 
Tel: [phone] 
Fax: [phone] 
 
 
 
 
END 
 

(END) Dow Jones Newswires

November 15, 2017 05:07 ET (10:07 GMT)