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Custodian REIT plc (CREI)
Custodian REIT plc : Change of name
07-Dec-2022 / 07:00 GMT/BST
Dissemination of a Regulatory Announcement that contains inside
information in accordance with the Market Abuse Regulation (MAR),
transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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7 December 2022
Custodian REIT plc (now called Custodian Property Income REIT plc)
(“the Company”)
Change of name
Custodian REIT plc (LSE: CREI), which seeks to deliver a strong income
return by investing in a diversified portfolio of smaller regional
properties across the UK, announces that it has changed its name to
Custodian Property Income REIT plc with immediate effect.
The Board believes the new name better reflects the Company’s primary
focus on and track record of generating income returns for shareholders
and expects the change to make the Company’s shares more prominent to
retail investors, particularly those accessing via online platforms.
It is expected that the Company’s shares will trade under the new name on
the London Stock Exchange with effect from 8.00 am on 8 December 2022.
The Company’s trading instrument display mnemonic ("CREI"), the ISIN and
SEDOL numbers and the Company’s website (custodianreit.com) will remain
unchanged.
The name change was approved by shareholders at the Company’s AGM on 31
August 2022.
Shareholders are unaffected by the change of name and existing share
certificates should be retained and will remain valid. The investment
policy remains unchanged with Richard Shepherd-Cross continuing to act as
Investment Manager.
Richard Shepherd-Cross, Managing Director of Custodian Capital Limited,
said: “We believe the change of name to Custodian Property Income REIT plc
gives investors a much clearer understanding of the Company’s aim to
provide shareholders with long term asset backed income and of our
investment strategy. We believe this is particularly important in the
current environment where investors are seeking secure and growing income
streams as a hedge against inflation. It also reflects our continued
emphasis on providing full transparency to our existing shareholders while
at the same time aiming to drive liquidity in our shares by attracting new
investors.”
- Ends -
Further information:
Further information regarding the Company can be found by contacting:
Custodian Capital Limited
Richard Shepherd-Cross / Ed Moore / Ian Tel: +44 (0)116 240 8740
Mattioli MBE
1 www.custodiancapital.com
Numis Securities Limited
Hugh Jonathan / Nathan Brown Tel: +44 (0)20 7260 1000
www.numis.com/funds
FTI Consulting
Richard Sunderland / Ellie Sweeney / Tel: +44 (0)20 3727 1000
Andrew Davis
2 custodianreit@fticonsulting.com
Notes to Editors
Custodian Property Income REIT plc is a UK real estate investment trust,
which listed on the main market of the London Stock Exchange on 26 March
2014. Its portfolio comprises properties predominantly let to
institutional grade tenants on long leases throughout the UK and is
principally characterised by properties with individual values of less
than £10m at acquisition.
The Company offers investors the opportunity to access a diversified
portfolio of UK commercial real estate through a closed-ended fund. By
principally targeting sub £15m lot-size, regional properties, the Company
seeks to provide investors with an attractive level of income with the
potential for capital growth.
Custodian Capital Limited is the discretionary investment manager of the
Company.
For more information visit 3 custodianreit.com and
4 custodiancapital.com.
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ISIN: GB00BJFLFT45
Category Code: MSCH
TIDM: CREI
LEI Code: 2138001BOD1J5XK1CX76
OAM Categories: 3.1. Additional regulated information required to be
disclosed under the laws of a Member State
Sequence No.: 206665
EQS News ID: 1506649
End of Announcement EQS News Service
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References
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2. mailto:custodianreit@fticonsulting.com
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