Email Facebook Twitter

London South East - Oil & Gas Investor Evening: Malcy, Echo, Savannah, SDX
Andrew Knott, #SAVP speaks at London South East's Oil & Gas event

Regulatory News

Issue of Equity

Thu, 7th Dec 2017 16:39

Standard Life Investments Property Income Trust - Issue of Equity

PR Newswire

7 December 2017

Standard Life Investments Property Income Trust Limited

Issue of Equity

Standard Life Investments Property Income Trust Limited (the “Company”) announces that, on 7 December  2017, it issued 500,000 ordinary shares of 1 pence each (the “Ordinary Shares”) under its block listing facility for cash at a price of 91.25 pence per share to meet ongoing demand for the Ordinary Shares pursuant to the Company’s tap issuance programme. 

The net proceeds from the issue of the new Ordinary Shares will be used to reduce the Company's borrowings and/or invested in accordance with the Company's investment policy.

The new Ordinary Shares will, when issued, be credited as fully paid and rank pari passu with the existing Ordinary Shares in the capital of the Company, including the right to receive all future dividends and distributions declared, made or paid. 

Following Admission, the Company will have 394,865,419 Ordinary Shares in issue. The total number of voting rights of the Company will be 394,865,419 and this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company.


Standard Life Investments
Graeme McDonald
+44 (0) 131 245 3151
Winterflood Investment Trusts
Graeme Caton
Neil Langford
+44 (0) 20 3100 0000

Back to Regulatory News

Share Price, Share Chat, Stock Market news at
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at

Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.