REG - LondonMetric Highcroft Invs PLC - Publication of Scheme Document

Londonmetric PropertyAnnouncement

24/04/2025 18:15

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RNS Number : 1308G  LondonMetric Property PLC  24 April 2025

 

24 April 2025

 

Publication of Scheme Document and updated valuation for LondonMetric Property
Plc ("LondonMetric")

 

In respect of LondonMetric's recommended all-share acquisition of Highcroft
investments PLC (the "Acquisition"), LondonMetric announces that the Scheme
Document has been published today and is available at
https://www.londonmetric.com/investors/acquisition-highcroft
(https://url.uk.m.mimecastprotect.com/s/gOftCR2PuG3p1Et9fpc1Ifec?domain=londonmetric.com)
.

 

The Scheme Document contains LondonMetric's updated portfolio valuation as at
31 March 2025 of £6.2 billion (30 September 2024: £6.2 billion) which
reflects net divestment activity and a positive valuation movement over the
second half of the financial year.

 

Enquiries

 

 LondonMetric Property plc                           +44 (0) 20 7484 9000
 Andrew Jones, Chief Executive
 Martin McGann, Finance Director
 Gareth Price, Investor Relations

 Peel Hunt (Financial Adviser and Corporate Broker)  +44 (0) 20 7418 8900
 Capel Irwin
 Michael Nicholson
 Henry Nicholls

 FTI Consulting (Communications Adviser)             +44 (0) 20 3727 1000
 Dido Laurimore
 Richard Gotla

 

Important Notices

 

Peel Hunt LLP ("Peel Hunt"), which is authorised and regulated in the United
Kingdom by the Financial Conduct Authority, is acting exclusively for
LondonMetric and for no one else in connection with the matters referred to in
this announcement and the Scheme Document and will not be responsible to any
person other than LondonMetric for providing the protections afforded to
clients of Peel Hunt, nor for providing advice in relation to the matters
referred to herein. Neither Peel Hunt nor any of its affiliates owes or
accepts any duty, liability or responsibility whatsoever (whether direct or
indirect, whether in contract, in tort, under statute or otherwise) to any
person who is not a client of Peel Hunt in connection with the matters
referred to in this announcement, the Scheme Document or otherwise.

 

This announcement is not for release, publication or distribution, in whole or
in part, directly or indirectly in, into or from the United States or any
other jurisdiction where to do so would constitute a violation of the relevant
laws or regulations of such jurisdiction.

 

This announcement is for information purposes only and is not intended to and
does not constitute, or form part of, an offer to sell or an invitation to
purchase any securities or a solicitation of an offer to buy, otherwise
acquire, subscribe for, sell or otherwise dispose of any securities, or the
solicitation of any vote or approval in any jurisdiction, pursuant to the
Acquisition or otherwise, nor shall there be any purchase, sale, issuance,
transfer or exchange of securities or such solicitation pursuant to the
Acquisition or otherwise in any jurisdiction in which such offer, invitation,
solicitation, purchase, sale, issuance or exchange is unlawful.

 

The statements contained in this announcement are made as at the date of this
announcement, and unless some other time is specified in relation to them, the
release of this announcement shall not give rise to any implication that there
has been no change in the facts set out in this announcement since such date.

 

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