Last checked at 
22 Sep 2016 15:50
GROUND RENTS INCOME FUND PLC
EXERCISE OF WARRANTS
Ground Rents Income Fund plc has received warrant exercise notices and subscription monies in respect of 277,700 ordinary shares of 50 pence each (the "New Ordinary Shares"). The warrants have been exercised at a subscription price of £1.00 each. The New Ordinary Shares will rank pari passu with the existing ordinary shares in the Company.
Application has been made for the New Ordinary Shares to be admitted to the Official List of the Channel Islands Securities Exchange Authority and to trading on the SETSqx platform of the London Stock Exchange. It is expected that admission will become effective, and that dealings in the New Ordinary Shares will commence, on 23 September 2016.
Following this allotment, the issued share capital and total voting rights of the Company will consist of 93,402,011 ordinary shares of 50 pence each. 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 share capital of the Company.
Contacts:
Ground Rents Income Fund plc | |
Simon Wombwell (Director) | 020 7499 6424 |
Brooks Macdonald Funds Limited | |
James Agar (Director) | 020 7659 3454 |
N+1 Singer (Broker) | |
James Maxwell / Liz Yong | 020 7496 3000 |
Tavistock (Media) | |
Jeremy Carey / James Whitmore | 020 7920 3150 |
Appleby Securities (Channel Islands) Limited (Sponsor) | |
Kate Storey / Danielle Machon | 01481 755600 |
END OF ANNOUNCEMENT