REG - Ground Rents Inc Fnd - END OF OFFER PERIOD

Ground Rents Income FundAnnouncement

25/02/2025 07:00

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RNS Number : 2785Y  Ground Rents Income Fund PLC  25 February 2025

FOR IMMEDIATE RELEASE

 

25 February 2025

 

Ground Rents Income Fund plc ("GRIO", or the "Company")

 

END OF OFFER PERIOD

 

Ground Rents Income Fund plc acknowledges Victoria Property's announcement on
24 February 2025, confirming that it does not intend to make a firm offer for
the Company.

 

GRIO and its advisers remain fully committed to implementing the strategy
approved, and recently re-endorsed, by GRIO shareholders in November 2024.

 

 The Company is no longer in an "offer period" as defined by the City Code on
Takeovers and Mergers (the "Takeover Code") and the disclosure requirements
pursuant to Rule 8 of the Takeover Code are no longer applicable.

 

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Enquiries:

 

Schroder Real Estate Investment Management Limited

Matthew Riley / Chris Leek

020 7658 6000

 

Singer Capital Markets (Financial Adviser & Broker)

James Maxwell / Alaina Wong / Sam Butcher (Investment Banking)

Sam Greatrex (Sales)

020 7496 3000

 

Appleby Securities (Channel Islands) Limited (Sponsor)

Andrew Weaver / Michael Davies

01534 888 777

 

FTI Consulting

Richard Gotla / Oliver Parsons

0203 727 1000

 

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