REG - AEW UK LongLeaseREIT - Update on Proposed Issue of Equity <Origin Href="QuoteRef">AEWL.L</Origin>
RNS Number : 3895EAEW UK Long Lease REIT PLC09 February 2018THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, CANADA, JAPAN, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA OR THE UNITED STATES OR ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.
This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.
AEW UK Long Lease REIT plc
Update on Placing, Offer for Subscription and Intermediaries Offer
9 February 2018
Further to the announcement made by AEW UK Long Lease REIT plc (the "Company") on 1 February 2018 of its intention to issue additional shares pursuant to its Share Issuance Programme (the "Issue"), the board of directors of the Company announces that in light of the current volatility in the market it has decided to withdraw the Issue.
Commenting on today's announcement, Steve Smith, Chairman of AEW UK Long Lease REIT:
"Whilstwe are disappointedthat wehave hadtowithdrawthe issueat the current time, as a board we believe strongly in theCompany's investment proposition. The Company has successfully invested in a portfolio providing high quality secure income with inflation-linkage, and capital preservation. Attractive investment opportunities continue to exist across a range of property sectors, as seen from the pipeline assets identified by the Company's investment manager, and we look forward to coming back to the market when conditions are more stable."
Any monies which have been received under the Offer for Subscription or Intermediaries Offer will be returned to investors in accordance with the terms and conditions set out in the Company's prospectus available at the Company's website (http://www.aewukllreit.com/) (the "Prospectus").
For further information, please contact:
AEW UK Investment Management LLP
Alex Short
Laura Elkin
020 7016 4880
Sponsor, Financial Adviser and Sole Bookrunner
Fidante Capital
Katie Standley
Nick Donovan
020 7832 0900
Intermediaries Offer Enquiries
intermediaries@solid-solutions.co.uk
Solid Solutions
Nigel Morris
020 7549 1613
Media Enquiries
aew@tbcardew.com
TB Cardew
020 7930 0777
Ed Orlebar
07738 724 630
Tom Allison
Lucy Featherstone
07789 998 020
07789 374 663
LEI: 213800MPBIJS12Q88F71
This information is provided by RNSThe company news service from the London Stock ExchangeENDFURLFFELFDITIIT
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