Business
CLS reclassified as REIT on EPRA index
CLS reclassified as REIT on EPRA index.
About this update from Cls Holdings Plc
[{"type":"text","content":"\n \n \n \n \n \n Release date: 10 June 2022\n \n \n Embargoed until: Immediate release\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n CLS Holdings plc (\"CLS\")\n \n \n \n \n CLS announces that European Public Real Estate Association (\"EPRA\") has reclassified CLS as a Real Estate Investment Trust (\"REIT\") on its Index\n \n \n \n \n \n \n \n \n CLS announces\n that EPRA reclassified CLS as a REIT on the FTSE EPRA Nareit EMEA Developed Index\n on 07 June 2022. The reclassification will be effective from 20 June 2022.\n \n \n \n \n \n Andrew Kirkman, Chief Financial Officer of CLS, commented:\n \n \n \n \n \n \n \"I am pleased to announce CLS' reclassification as a REIT on EPRA's index reflecting the conversion of our UK business to a REIT at the start of the year. This will further improve our comparability with peers and should increase our appeal to a broader range of investors thereby improving liquidity in our shares.\"\n \n \n \n \n \n \n \n \n \n \n \n -ends-\n \n \n \n \n \n For further information, please contact:\n \n \n \n \n \n \n CLS Holdings plc\n \n \n \n (LEI: 213800A357TKB2TD9U78)\n \n \n \n \n www.clsholdings.com\n \n \n \n \n Fredrik Widlund, Chief Executive Officer\n \n \n Andrew Kirkman, Chief Financial Officer\n \n \n +44 (0)20 7582 7766\n \n \n \n \n \n \n Liberum\n \n \n \n Richard Crawley\n \n \n Jamie Richards\n \n \n +44 (0)20 3100 2222\n \n \n \n \n \n \n Panmure Gordon\n \n \n \n Hugh Rich\n \n \n +44 (0)20 7886 2733\n \n \n \n \n \n \n Berenberg\n \n \n \n \n Matthew Armitt\n \n \n Richard Bootle\n \n \n +44 (0)20 3207 7800\n \n \n \n \n \n \n Edelman Smithfield (Financial PR)\n \n \n \n Alex Simmons\n \n \n Hastings Tarrant\n \n \n +44 (0)20 3047 2000\n \n \n ","length":5240,"tagName":"div"}]