REG - Quanta Capital - Statement re Yew Grove REIT plc

Impax Asset ManagementAnnouncement

23/11/2021 10:05

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RNS Number : 2624T  Quanta Capital  23 November 2021

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR
FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.

 

THIS ANNOUNCEMENT IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER
UNDER RULE 2.5 OF THE IRISH TAKEOVER PANEL ACT, TAKEOVER RULES 2013 ("IRISH
TAKEOVER RULES") AND THERE CAN BE NO CERTAINTY THAT AN OFFER WILL BE MADE, NOR
AS TO THE TERMS ON WHICH ANY OFFER WILL BE MADE.

 

Quanta Capital Asset Management Ltd ("Quanta Capital")

 

Statement re. Yew Grove REIT plc ("Yew Grove")

 

Quanta Capital notes the recent announcements by Yew Grove and confirms that
it is evaluating, in conjunction with investment manager Davy, recommending
that the Goldstein Property ICAV, an Irish collective vehicle authorized by
the Central Bank of Ireland, make a competing offer for the issued and to be
issued share capital of Yew Grove (the "Possible Competing Offer").

Quanta Capital emphasizes that this announcement does not amount to a firm
offer under Rule 2.5 of the Irish Takeover Rules and there can be no certainty
that any Possible Competing Offer will be made, nor as to the terms on which
it might be made.

A further announcement will be made as and when appropriate. Goldstein
Property ICAV currently owns 5,250,634 ordinary shares in Yew Grove
representing approximately 4.2 % of the issued share capital of Yew Grove.

 

Contacts:

Mel Sutcliffe

Quanta Capital

Tel: +353 (0)1 426 3630

 

The Directors of Quanta Capital accept responsibility for the information
contained in this Announcement. To the best of the knowledge and belief of the
Directors Quanta Capital (who have taken all reasonable care to ensure that
this is the case) the information contained in this Announcement for is in
accordance with the facts and does not omit anything likely to affect the
import of such information.

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