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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Isis Property | LSE:IPT | London | Ordinary Share | GB0033674564 | 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% | 88.375 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jan 2020 to Jan 2025
TIDMIPT
RNS Number : 1784C
ISIS Property Trust Limited
11 April 2013
ISIS PROPERTY TRUST LIMITED ("IPT" OR THE "COMPANY")
RESULTS OF GENERAL MEETING
11 April 2013
The Board is pleased to announce that the resolutions relating to the recommended reconstruction and winding up of the Company (the "Scheme"), the details of which were set out in a circular to shareholders dated 12 March 2013, were duly passed at a General Meeting of the Company held earlier today.
The shareholders of IRP Property Investments Limited also approved its participation in the Scheme at a general meeting held earlier today.
As announced on 9 April 2013, based on the adjusted net asset value of the Company and the adjusted net asset value of IRP as calculated as at 31 March 2013, an IPT Shareholder will receive 1.2895 New Shares in respect of each IPT Share held. Therefore it is expected that a total of 97,550,491 New Shares will be issued in accordance with the Scheme.
It is expected that the New Shares will be admitted to listing on the Official List of the UK Listing Authority and to trading on the main market of the London Stock Exchange at 8.00 a.m. on 12 April 2013.
It is expected that CREST accounts will be credited in respect of the New Shares on 12 April 2013. Share certificates in respect of New Shares will be issued by 26 April 2013.
A copy of the resolution passed at the General Meeting will shortly be available for inspection via the National Storage Mechanism.
Cancellation of listing of IPT Shares
It is expected that the listing of the IPT Shares will be cancelled at 8.00 a.m. on 12 April 2013.
Enquiries:
Hot Features
Premium
Simon Cordery F&C Asset Management Tel: +44(0) 20 7628
plc 8000
Gordon Neilly/ Cantor Fitzgerald, Tel: +44(0) 207 894
Sue Inglis Financial Adviser 8096
to IPT
Words and expression defined in the circular issued by the Company dated 12 March 2013 have the same meanings when used in this announcement unless the context requires otherwise.
This announcement is not intended to and does not constitute, or form any part of, an offer to sell or an invitation to subscribe for or purchase any securities or the solicitation of any vote or approval in any jurisdiction, pursuant to the Scheme or otherwise. The Scheme will be effected solely through the Circular, which contains the full terms and conditions of the Scheme.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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