REG - Jade Road Investmnts - Proposed Change to Investing Policy

Jade Road InvestmentsAnnouncement

24/02/2025 07:00

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RNS Number : 1089Y  Jade Road Investments Limited  24 February 2025

 

JADE ROAD INVESTMENTS LIMITED

("Jade Road Investments", "JADE" or the "Company)

Proposed Change to Investing Policy

Jade Road Investments Limited (AIM:JADE), the London quoted investment company
that looks to provide investors exposure to diversified, high-return
investment opportunities in the property sector is pleased to announce a
proposed update to its Investing Policy. As announced on 7 February 2025 JADE
has entered into a conditional strategic partnership/investment commitment
with Woollard and Hall Ltd , Unique Property Investment Group Ltd ('Unique')
and WestOne Capital Group Ltd ('WestOne'). As a result, the Company intends to
update its Investing Policy to better align with this change in focus.

 

Following the successful completion of the fundraising announced on 7 February
2025, it is anticipated that JADE will make investments into Unique and
WestOne following further proposed capital raises in the coming months. These
investments will seek to provide exposure to growth in assisted living housing
projects across the UK. WestOne will bring its expertise in structured finance
and capital solutions, enhancing the ability to deliver diversified,
high-return investment opportunities. Additionally, Unique will seek to
advance its proposed development of super-prime real estate projects in Dubai.
The partnership seeks to leverage Jade Road's capital and cross-border
capabilities, with WestOne providing innovative financing structures to
support domestic and international property ventures. Together, the
partnership is seeking to create a platform for investors seeking exposure to
high-growth real estate markets in the UK and Dubai.

 

In the coming days the Company will announce a shareholder circular in order
to seek shareholder approval for the updated Investing Policy. The proposed
Investing Policy is as follows:

 

1) The Company has an indefinite life, has a primary focus on the property
sector with a secondary focus on targeting assets in any class which will
produce income returns and capital gains over time for its Shareholders.‎

 

2)The Company will seek the best risk-adjusted returns globally, with a
preference for investments in the property sector ‎governed by legal systems
that the Company understands and believes to be reliable.

 

3)The Company may invest directly into real assets, listed securities,
over-the-counter traded securities, ‎currencies, companies, contractual
obligations, or commodities ("Direct Financings").‎

 

4)The Company may provide financing to entities, becoming a lender to, or a
limited partner or ‎shareholder of, an affiliated or third party which
itself has a strategy to invest in underlying listed ‎securities,
over-the-counter traded securities, currencies, companies, real assets,
contractual ‎obligations or commodities ("Indirect Financings").‎

 

5)The Company shall ensure that at the time of entering into a Direct
Financing, it shall represent not ‎more than 50% of the Company's net asset
value immediately following the relevant transaction. There is no limit on the
number of investments the Company may take.

 

6)The Company shall ensure that at the time of entering into an Indirect
Financing, no underlying ‎asset of the indirectly financed entity shall
represent more than 75% of the Company's net asset ‎value immediately
following the relevant transaction. ‎

 

7) There is no restriction on the duration the Company will hold any
investment nor any restriction on the Company exiting any or all of its
investments to realise value. Furthermore, there is no restriction on the time
for the Company to make its investments in such assets.

 

8) The Company will pursue a predominantly passive management strategy.
However, on a case by case basis, it may consider securing additional
governance rights such as observer or board appointments where the situation
or asset dictates such additional oversight.

 

9)The Company may utilise gearing when appropriate.  The Company will
continue to exercise prudence in determining whether prevailing market
conditions and investor expectations warrant the utilisation of any leverage
over its portfolio.

 

10)The Company will consider issuing its own shares as consideration for
interests in other companies or assets but such cross holdings will be limited
to 30 per cent. of the Company's issued shares in aggregate from time to time.

 

For further information, please contact:

 

Jade Road Investments Limited

 

+44 (0) 778 531 5588

John Croft

 

Zeus Capital Limited - Nominated Adviser

 

+44 (0) 203 829 5000

James Joyce / Andrew de Andrade

 

 

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended. Upon the
publication of this announcement via a Regulatory Information Service, this
inside information is now considered to be in the public domain

 

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