Business
Significant Share Purchase by LSPIM
Significant Share Purchase by LSPIM.
About this update from Regional Reit Ltd.
[{"type":"text","content":"\n \n \n \n RNS Number : 4614N\n Regional REIT Limited\n 30 September 2021\n \n \n \n \n 30 September 2021\n \n \n \n \n \n REGIONAL REIT Limited\n \n \n (\"Regional REIT\", the \"Group\" or the \"Company\")\n \n \n Significant Share Purchase by LSPIM, the Asset Manager\n \n \n \n \n \n Regional REIT (LSE: RGL), the regional real estate investment specialist focused on building a geographically diverse portfolio of income producing regional UK core and core plus office assets, is pleased to announce that the Company's Asset Manager, London & Scottish Property Investment Manager (LSPIM), has completed a significant acquisition of 1,136,363 ordinary shares in the Company for £1,000,000 gross.\n \n \n This share purchase confirms the Asset Manager's support and conviction of the Company's strategy to invest in regional offices across the UK, outside of the M25. \n \n \n \n \n \n - ENDS - \n \n \n Enquiries:\n \n \n \n \n \n Regional REIT Limited\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Toscafund Asset Management\n \n \n \n \n Tel: +44 (0) 20 7845 6100\n \n \n \n \n \n \n Investment Manager to the Group\n \n \n \n \n \n \n \n \n \n \n \n \n \n Adam Dickinson, Investor Relations, Regional REIT Limited\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n London & Scottish Property Investment Management\n \n \n \n \n Tel: +44 (0) 141 248 4155\n \n \n \n \n \n \n Asset Manager to the Group\n \n \n \n \n \n \n \n \n \n \n \n \n \n Stephen Inglis\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Buchanan Communications\n \n \n \n \n Tel: +44 (0) 20 7466 5000\n \n \n \n \n \n \n Financial PR\n \n \n \n \n [email protected]\n \n \n \n \n \n \n Charles Ryland /Henry Wilson / George Beale\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n About Regional REIT\n \n \n Regional REIT Limited (\"Regional REIT\" or the \"Company\") and its subsidiaries (the \"Group\") is a United Kingdom (\"UK\") based real estate investment trust that launched in November 2015. It is managed by London & Scottish Property Investment Management Limited, the Asset Manager, and Toscafund Asset Management LLP, the Investment Manager.\n \n...