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Share Name Share Symbol Market Type Share ISIN Share Description
Urban Lo LSE:SHED London Ordinary Share GB00BYV8MN78 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 118.00p 116.00p 120.00p 118.00p 118.00p 118.00p 724,166 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 5.6 9.9 19.5 6.0 103.47

Urban Logistics REIT PLC Warrants

12/03/2019 7:01am

UK Regulatory (RNS & others)


Urban Lo (LSE:SHED)
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2 Months : From Feb 2019 to Apr 2019

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RNS Number : 5207S

Urban Logistics REIT PLC

12 March 2019

Urban Logistics REIT plc

("Urban Logistics" or the "Company")

Warrants

At the time of its IPO, the Company issued warrants to shareholders to subscribe for 3,027,000 ordinary shares in the Company pursuant to the terms of a warrant instrument dated 22 March 2016 (the "Warrant Instrument").

It was the intention at the time of the IPO that warrant holders would be able to subscribe for ordinary shares until the third anniversary of the Company's IPO (being 13 April 2019). However, pursuant to the terms of the Warrant Instrument, the warrants were originally due to expire on 12 March 2019.

Accordingly, the Warrant Instrument has been amended so that the subscription period now ends on 13 April 2019. The remaining terms and conditions of the Warrant Instrument remain unchanged.

- Ends -

For further information contact:

 
 Urban Logistics REIT plc 
  Richard Moffitt                                +44 (0)20 7591 1600 
 Montfort - Financial PR and IR adviser 
  Olly Scott                                       +44 (0)78 1234 5205 
 N+1 Singer - Nominated Adviser and Broker 
  James Maxwell / James Moat (Corporate 
  Finance) 
  Alan Geeves / James Waterlow / Sam Greatrex 
  (Sales)                                        +44 (0)20 7496 3000 
 Radnor Capital Partners 
  Joshua Cryer 
  Iain Daly                                      +44 (0)20 3897 1830 
 

About Urban Logistics REIT

Urban Logistics REIT plc is a property investment company, quoted on the AIM market of the London Stock Exchange, (AIM: SHED).

The Company has been established to invest in UK-based industrial and logistics properties with the objective of generating attractive dividends and capital returns for its shareholders. Its investment strategy focuses on strategically located smaller single let industrial and logistics properties servicing high-quality tenants. Investment returns will be generated by an experienced management team focusing on quality stock selection and active asset management.

A number of structural and commercial factors currently support the attractive opportunity in the last mile/regional industrial and logistics real estate sub-sectors targeted by the Company, including: strong occupier demand, (driven by the growth of e-commerce and investment by retailers in their associated supply chain) and a decline in the supply of smaller sized lettable space in industrial and logistics real estate across the UK.

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 rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

March 12, 2019 03:01 ET (07:01 GMT)

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