Business
Publication of Offering Circular
Publication of Offering Circular.
About this update from Derwent London Plc
[{"type":"text","content":"\n \nRNS Number : 5483H Derwent London PLC 31 May 2011 \n \n\nDerwent London plc (the \"Company\")\n31 May 2011\nPublication of Offering Circular\nThe following offering circular has been approved by the UK Listing Authority and is available for viewing:\nOffering circular dated 27 May 2011 (the \"Offering Circular\") relating to the issue by Derwent London Capital (Jersey) Limited of £175,000,000 2.75 per cent. guaranteed convertible bonds due 2016, convertible into ordinary shares in the capital of Derwent London plc. \nTo view the full document, please paste the following URL into the address bar of your browser:\nhttp://www.rns-pdf.londonstockexchange.com/rns/5483H_-2011-5-31.pdf\nor go to the investors section of the Company's website - www.derwentlondon.com.\nFor further information, please contact\nDerwent London plc John Burns, Chief Executive Officer\nTel: +44 (0)20 7659 3000 Damian Wisniewski, Finance Director\nAbout Derwent London plc\nDerwent London plc is the largest central London focused REIT with an investment portfolio of £2.4bn as at 31 December 2010. The Group is one of London's most innovative office specialist property regenerators and investors and is well known for its established design-led philosophy and creative management approach to development.\nDerwent London's core strategy is to acquire and own a portfolio of central London property that has reversionary rents and significant opportunities to enhance and extract value through refurbishment, regeneration and redevelopment. The Group owns and manages an investment portfolio of 5.4 million sq ft (500,000m2), as at 31 December 2010, of which 95% is located in central London, with a specific focus on the West End and th...