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RNS

Issue of Equity

Released 07:00 02-Feb-2017

RNS Number : 8089V
Pacific Industrial & Log REIT PLC
02 February 2017
 

 

Pacific Industrial & Logistics REIT plc

("Pacific Industrial & Logistics", the "Company" or the "Group")

 

Issue of Equity

 

The Company announces the issue of 10,000 new ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") pursuant to the exercise of 10,000 warrants by Bruce Anderson, Non-Executive Director. Application has been made for 10,000 new Ordinary Shares, which will rank pari passu with the existing Ordinary Shares, to be admitted to trading on AIM ("Admission"). Admission is expected to occur at 8.00 a.m. on 7 February 2017.

 

Following Admission, the total number of voting rights in the Company will be 21,452,210 Ordinary Shares. This number 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 under the FCA's Disclosure Guidance and Transparency Rules.

 

 

For further information regarding Pacific Industrial & Logistics REIT plc please call: 

 

Pacific Industrial & Logistics REIT Plc

Richard Moffitt

 

+44 (0) 207 591 1600

finnCap - Nominated Adviser and Broker

Stuart Andrews/ Grant Bergman/ Giles Rolls -

Corporate finance

 

Christian Hobart - Corporate broking

 

 

+44 (0)20 7220 0500

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Bruce Anderson

2.               

Reason for the Notification

a)

Position/status

PDMR

b)

Initial notification/Amendment

Initial notification

3.    

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Pacific Industrial & Logistics REIT plc

b)

LEI

n/a

4.    

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

 

Ordinary shares of 1p

Identification code

GB00BYV8MN78

b)

Nature of the transaction

 

Exercise of Warrants

c)

Price(s) and volume(s)

Price(s)

Volume(s)

97p

10,000

d)

Aggregated information:

·      Aggregated volume

·      Price

 

Purchase of 10,000 ordinary shares of 1 penny at 97 pence per ordinary share

e)

Date of the transaction

01 February 2017

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Issue of Equity - RNS