GCP Student Living PLC Total Voting Rights (1060B)

TIDMDIGS

RNS Number : 1060B

GCP Student Living PLC

04 June 2019

GCP Student Living plc

("GCP Student" or the "Company", together with its subsidiaries the "Group")

LEI: 2138004J4ID66FK38H25

Total Voting Rights

4 June 2019

The Company is pleased to announce the commencement in dealings of its 3,076,923 Placing Shares at 8.00 a.m. today on the Premium Segment of the Main Market of the London Stock Exchange.

In conformity with Disclosure Guidance and Transparency Rules, the Company notifies that following Admission, the issued share capital and voting rights of the Company are as follows:

 
 Class of share        Total number       Number   Total number          Number of   Total number 
                          of shares    of voting      of voting        shares held      of shares 
                     in circulation       rights      rights of        in treasury       in issue 
                                        attached      shares in          (carrying 
                                         to each    circulation          no voting 
                                           share                   rights attached 
                                                                     until issued) 
 Ordinary Shares 
  of 1p                 413,653,630            1    413,653,630                  0    413,653,630 
                   ----------------  -----------  -------------  -----------------  ------------- 
 

The above total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in GCP Student Living plc under the FCA's Disclosure Guidance and Transparency Rules.

 
 For further information, please contact: Gravis Capital Management Limited                                      [phone] 
   Nick Barker                         [e-mail] 
   Dion Di Miceli                      [e-mail] 
 
   Stifel Nicolaus Europe Limited                                         [phone] 
   Neil Winward                        [e-mail] 
   Tom Yeadon                          [e-mail] 
   Mark Young                          [e-mail] 
 
 
   Buchanan/Quill                                                         [phone] 
   Helen Tarbet                        [e-mail] 
   Henry Wilson                        [e-mail] 
 

About GCP Student

The Company was the first student accommodation REIT in the UK, investing in modern, purpose-built, private student residential accommodation and teaching facilities. Its investments are located primarily in and around London where the Investment Manager believes the Company is likely to benefit from supply and demand imbalances for student residential accommodation.

GCP Student's property portfolio comprises eleven assets with c.4,100 beds, including one asset which is expected to complete construction for the 2019/20 academic year and one which is expected to complete construction for the 2020/21 academic year. At 31 March 2019, its property portfolio was valued at GBP862.0 million.

The Company's standing properties are predominantly occupied by international students and offer high specification facilities and hotel-level concierge type services which the Investment Manager believes are attractive to overseas students.

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 [e-mail] or visit www.rns.com.

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(END) Dow Jones Newswires

June 04, 2019 07:39 ET (11:39 GMT)