Ground Rents Income Fund PLC Asset Management Plan and Investor Report (0251F)

TIDMGRIO

RNS Number : 0251F

Ground Rents Income Fund PLC

15 February 2018

Ground Rents Income Fund plc

("GRIF" or the "Company")

Asset Management Plan and Investor Report

Ground Rents Income Fund plc, a listed real estate investment trust (REIT) investing in UK ground rents, announces that further to the Company's announcement of 22 December 2017, the Board has now considered the statement made by the Communities Secretary, the Department for Communities and Local Government's consultation responses and the subsequent Government response to the consultation, and is pleased to confirm that the Company's Asset Management Plan will resume with immediate effect.

The Asset Management Plan enables affected leaseholders to elect to have their ground rent review terms to be amended from doubling, to the lesser of doubling or RPI.

In addition, the Company announces that its December 2017 investor report has been published. Please follow the link below to access the report.

http://www.rns-pdf.londonstockexchange.com/rns/0251F_-2018-2-15.pdf

Contacts:

 
 Ground Rents Income Fund 
  plc 
 Simon Wombwell (Director)        020 7499 6424 
 
 Brooks Macdonald Funds 
  Limited 
 James Agar (Director)            020 7659 3454 
 
 N+1 Singer (Broker) 
 James Maxwell / Liz Yong         020 7496 3000 
 
 Tavistock (Media) 
 Jeremy Carey / James Whitmore    020 7920 3150 
 
 Appleby Securities (Channel 
  Islands) Limited 
 Kate Storey / Danielle 
  Machon                          01481 755600 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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February 15, 2018 07:00 ET (12:00 GMT)