REG - Target Healthcare - Publication of Prospectus <Origin Href="QuoteRef">THRLT.L</Origin>

Target Healthcare ReitAnnouncement

29/10/2014 09:28

RNS Number : 9974Q
Target Healthcare REIT Limited
05 September 2014
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, TO US PERSONS OR IN OR INTO THE UNITED STATES, OR INTO OR FROM CANADA, AUSTRALIA, JAPAN, NEW ZEALAND AND THE REPUBLIC OF SOUTH AFRICA.

This announcement is an advertisement and not a prospectus. This announcement does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or solicitation of any offer to buy or subscribe for, any securities in Target Healthcare REIT Limited (the "Company") or securities in any other entity, in any jurisdiction, including the United States, nor shall it, or any part of it, or the fact of its distribution, form the basis of, or be relied on in connection with, any contract or investment decision whatsoever, in any jurisdiction. This announcement does not constitute a recommendation regarding any securities. Any investment decision must be made exclusively on the basis of the final prospectus published by the Company and any supplement thereto.

5 September 2014

TARGET HEALTHCARE REIT LIMITED
Publication of prospectus in relation to the initial placing, offer for subscription and placing programme of up to 100 million ordinary shares of no par value and notice of general meeting

Target Healthcare REIT Limited (the "Company") is pleased to announce that it has today received approval from the UK Listing Authority to publish its prospectus in relation to the initial placing, offer for subscription and placing programme of up to 100 million new ordinary shares of no par value and the application for the admission of these new ordinary shares to the premium segment of the Official List and to trading on the London Stock Exchange's main market. 
The Board has also convened a general meeting, to be held on 24 September 2014 at 9:30 a.m. at the offices of Dickson Minto W.S., Broadgate Tower, 20 Primrose Street, London EC2A 2EW, to approve a related party transaction.

Expected timetable of principal events

Event
2014

Initial placing and offer for subscription opens
8.00 a.m. on 8 September

Latest time and date for receipt of completed Form of Proxy
9.30 a.m. on 22 September

Latest time and date for receipt of application forms under the offer for subscription
11.00 a.m. on 22 September

Latest time and date for receipt of commitments under the initial placing
6.00 p.m. on 22 September

General Meeting
9.30 a.m. on 24 September

Initial admission and dealings in ordinary shares commence
8.00 a.m. on 25 September

Crediting of CREST accounts in respect of the ordinary shares under the initial placing and offer for subscription
8.00 a.m. on 25 September

Share certificates in respect of the ordinary shares despatched (where applicable)
week commencing 29 September


Further information

Copies of the prospectus are available from the Company's website: http://www.targethealthcarereit.co.uk and from the offices of Dickson Minto W.S., which is situated at Broadgate Tower, 20 Primrose Street, London EC2A 2EW.In addition, a copy of the Prospectus will shortly be submitted to the National Storage Mechanism and will be available for inspection at www.hemscott.com/nsm.do.

Enquiries

Target Advisers LLP
Kenneth MacKenzie, Managing Partner
01786 406 455
Winterflood Securities Limited
Graeme Caton
Fiona Harris / Sam Emery
Quill PR
0203 100 0268
020 7466 5058 / 020 7466 5056

*Neither the NSM website nor the Company's website nor the content of any website accessible from hyperlinks on those websites (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of, this announcement.


This information is provided by RNS
The company news service from the London Stock Exchange
  END
PDIQKPDNQBKDNCK