Business
Update on Proposed Issue of Equity
Update on Proposed Issue of Equity.
About this update from Alternative Income Reit Plc
[{"type":"text","content":"\n \nRNS Number : 3895E AEW UK Long Lease REIT PLC 09 February 2018 \n\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.\n \nThis announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.\n \n \nAEW UK Long Lease REIT plc\n \nUpdate on Placing, Offer for Subscription and Intermediaries Offer\n \n9 February 2018\n \nFurther to the announcement made by AEW UK Long Lease REIT plc (the \"Company\") on 1 February 2018 of its intention to issue additional shares pursuant to its Share Issuance Programme (the \"Issue\"), the board of directors of the Company announces that in light of the current volatility in the market it has decided to withdraw the Issue.\n \nCommenting on today's announcement, Steve Smith, Chairman of AEW UK Long Lease REIT:\n \n\"Whilst we are disappointed that we have had to withdraw the issue at the current time, as a board we believe strongly in the Company's investment proposition. The Company has successfully invested in a portfolio providing high quality secure income with inflation-linkage, and capital preservation. Attractive investment opportunities continue to exist across a range of property sectors, as seen from the pipeline assets identified by the Company's investment manager, and we look forward to coming back to the market when conditions are more stable.\"\n \nAny monies which have been received under the Offer for Subscription or Intermediaries Offer will be returned to investors in accordance with the terms and conditions set out in the Company's prospectus available at the Company's website (http://www.aewukllreit.com/) (the \"Prospectus\").\n \nFor further information, please contact:\n \n\n\n\n\nAEW UK Investment Management LLP\nAlex Short\nLaura Elkin\n \n\n\n020 7016 4880\n\n\n\n\nSponsor, Financial Adviser and Sole Bookrunner\nFidante Capital\nKatie Standley\nNick Donovan\n \n \n\n\n \n020 7832 0900\n \n\n\n\n\nIntermediaries Offer Enquiries\nintermediaries@solid-soluti...