REG-AEW UK REIT plc Update on legal proceedings

Aew UK ReitAnnouncement

15/06/2021 07:05

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   AEW UK REIT plc (AEWU)
   Update on legal proceedings

   15-Jun-2021 / 07:00 GMT/BST
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   15 June 2021 

                                        

                        AEW UK REIT Plc (the "Company") 

    

                          Update on legal proceedings

                                        

   Further to  the Company's  announcement  of 23  April 2021  regarding  the
   successful outcome of  its legal action  against two well-funded  national
   tenants to recover unpaid rent, the Company can report that neither tenant
   sought the court's  permission to appeal  the decision of  the Master  and
   have now paid all the rent arrears claimed in the proceedings, as well  as
   reaching an agreement  on the legal  costs incurred. With  regards to  the
   outstanding rent arrears that had fallen due for payment since the  claims
   were issued, these amounts have  also been paid in  full, and as a  result
   the Company has  received the full  amount of rent  arrears of  £1,200,566
   referred to in the previous announcement on 23 April.

    

    

    

    

   Enquiries                        
   AEW UK                           
   Alex Short                       1 alex.short@eu.aew.com 
                                   +44(0) 20 7016 4848 
                                    2 henry.butt@eu.aew.com
   Henry Butt 
                                   +44(0) 20 7016 4855
   Nicki Gladstone                  3 nicki.gladstone-ext@eu.aew.com 
                                   +44(0) 7711 401 021  
   Company Secretary                
   Link Company Matters Limited    aewu.cosec@linkgroup.co.uk 
                                   +44(0) 1392 477 500 
                                    
   TB Cardew                        4 AEW@tbcardew.com 
   Ed Orlebar                      +44 (0) 7738 724 630 

   Tania Wild                      +44 (0) 7425 536 903 
   Lucas Bramwell                  +44 (0) 7939 694 437 
                                    
   Liberum Capital                  
   Darren Vickers / Owen Matthews  +44 (0) 20 3100 2000 

    

    

    

    LEI: 21380073LDXHV2LP5K50

    

    

    

    

    

    

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   ISIN:           GB00BWD24154
   Category Code:  MSCM
   TIDM:           AEWU
   LEI Code:       21380073LDXHV2LP5K50
   OAM Categories: 3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   111199
   EQS News ID:    1207829


    
   End of Announcement EQS News Service

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References

   Visible links
   1. mailto:alex.short@eu.aew.com
   2. mailto:henry.butt@eu.aew.com
   3. mailto:nicki.gladstone-ext@eu.aew.com
   4. mailto:AEW@tbcardew.com


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