REG - Alpha Real Tst Ltd Industrial Multi Tst Hansteen Hldgs plc - Agreement with Hansteen Holdings plc re IMPT <Origin Href="QuoteRef">ARTL.L</Origin> <Origin Href="QuoteRef">HSTN.L</Origin> <Origin Href="QuoteRef">IMPT.L</Origin>

Alpha Real TrustAnnouncement

25/04/2017 17:30

RNS Number : 3211D
Alpha Real Trust Limited
25 April 2017
25 April 2017
ALPHA REAL TRUST LIMITED ("ALPHA REAL TRUST")
Agreement with Hansteen Holdings plc ("Hansteen") regarding Industrial Multi Property Trust plc ("IMPT")
Further to the earlier announcement by Hansteen, Alpha Real Trust confirms it has entered into an irrevocable undertaking to sell its shares in IMPT to Hansteen at a price of 330p per share in cash on or before 3 May 2017 and Hansteen has agreed to make an increased offer of 330p to all shareholders of IMPT.
Alpha Real Trust will therefore no longer be a shareholder of IMPT at the time of IMPT's next general meeting of 11 May 2017 and has agreed to abstain from voting at such meeting in any event. Alpha Real Trust has also agreed to withdraw its request dated 11 April 2017 to requisition a further meeting of the IMPT Shareholders.
For further information please contact:
Alpha Real Trust Limited
David Jeffreys, Chairman, Alpha Real Trust +44 (0) 1481 231 100
Brad Bauman, Joint Fund Manager, Alpha Real Trust +44 (0) 20 7391 4700
Panmure Gordon, Broker to the Company
Richard Gray / Andrew Potts  +44 (0) 20 7886 2500
Further information on the Company can be found on the Company's website: www.alpharealtrustlimited.com. 

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