Release date: 10 June 2022
Embargoed until: Immediate release
CLS Holdings plc ("CLS")
CLS announces that European Public Real Estate Association ("EPRA") has reclassified CLS as a Real Estate Investment Trust ("REIT") on its Index
CLS announces that EPRA reclassified CLS as a REIT on the FTSE EPRA Nareit EMEA Developed Index on 07 June 2022. The reclassification will be effective from 20 June 2022.
Andrew Kirkman, Chief Financial Officer of CLS, commented:
"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."
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For further information, please contact:
CLS Holdings plc
(LEI: 213800A357TKB2TD9U78)
Fredrik Widlund, Chief Executive Officer
Andrew Kirkman, Chief Financial Officer
+44 (0)20 7582 7766
Liberum
Richard Crawley
Jamie Richards
+44 (0)20 3100 2222
Panmure Gordon
Hugh Rich
+44 (0)20 7886 2733
Berenberg
Matthew Armitt
Richard Bootle
+44 (0)20 3207 7800
Edelman Smithfield (Financial PR)
Alex Simmons
Hastings Tarrant
+44 (0)20 3047 2000