REG - Home REIT PLC - Update on Potential Litigation

Home ReitAnnouncement

18/04/2024 07:00

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RNS Number : 0366L  Home REIT PLC  18 April 2024

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18 April 2024

Home REIT plc

 

("Home REIT" or the "Company")

 

Update on Potential Litigation

The Company has recently issued a comprehensive response to a pre-action
letter of claim received from Harcus Parker Limited, on behalf of certain
shareholders. The letter of claim alleges that the Company, along with certain
other parties, provided information to investors which was false, untrue
and/or misleading.

The Company intends vigorously to defend itself in respect of the threatened
litigation and has denied the allegations made against it.

Further, as announced on 5 March 2024, the Company intends to bring legal
proceedings against those parties it considers are responsible for wrongdoing.
To that end, the Company has itself recently issued pre-action letters of
claim to Alvarium Fund Managers (UK) Limited (its former alternative
investment fund manager) and AlTi RE Limited, its former investment adviser's
appointed representative. The Company intends to issue further pre-action
correspondence in due course.

The Company cannot comment any further on these issues at this stage as to do
so may prejudice the Company's position in any potential proceedings. Any
relevant announcements in this regard will be made at the appropriate time.

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

 

 FTI Consulting (Communications Adviser)  HomeREIT@fticonsulting.com

 Dido Laurimore                           +44 (0)20 3727 1000

 Eve Kirmatzis

 Oliver Harrison

 

The Company's LEI is: 213800A53AOVH3FCGG44.

 

For more information, please visit the Company's website: www.homereituk.com
(http://www.homereituk.com/)

 

 

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