Business
Results of Initial Issue
Results of Initial Issue.
About this update from Aew Uk Reit Plc
[{"type":"text","content":"\n \nRNS Number : 1375U AEW UK REIT PLC 20 October 2017 \n\nTHIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, CANADA, JAPAN, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA OR THE UNITED STATES OR ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.\nThis announcement is an advertisement and not a prospectus. Investors should not purchase or subscribe for any transferable securities referred to in this announcement except on the basis of information in the prospectus published by AEW UK REIT plc in connection with the initial placing, initial offer for subscription and intermediaries offer, the share issuance programme and the admission of the Company's new ordinary shares to listing on the premium listing segment of the Official List and to trading on the main market for listed securities of the London Stock Exchange plc (\"Admission\"). A copy of the Prospectus is available, inter alia, from www.aewukreit.com.\nThis announcement is not an offer to sell, or a solicitation of an offer to acquire, securities in the United States or in any other jurisdiction. Neither this announcement nor any part of it shall form the basis of or be relied on in connection with or act as an inducement to enter into any contract or commitment whatsoever.\n \n20 October 2017\n \nAEW UK REIT plc\n \nResults of Initial Issue\n \nThe Board of AEW UK REIT plc (the \"Company\") is pleased to announce that the Company has raised gross proceeds of approximately £28.1 million pursuant to the Initial Placing, Initial Offer for Subscription and Intermediaries Offer (the \"Initial Issue\") of the Share Issuance Programme, as described in the prospectus published by the Company on 28 September 2017 (the \"Prospectus\"). The net proceeds of the Initial Issue are expected to be approximately £27.5 million.\n \nApplications have been received under the Initial Issue for 27,911,001 Shares, which will be issued at a price of 100.5 pence per Share.\n \nApplication has been made for the new Shares to be admitted to trading on the Main Market of the London Stock Exchange plc and to listing on the premium segment of the Official List of the UK Listing Authority (\"Admission\"). It is expected that Admission will become ...