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UKCM UK Commercial Property REIT News Story

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REG-UK Comm Prop REIT Ltd: Shareholder Update

UK Commercial Property REIT Limited (“UKCM” or “the Company”)
LEI: 213800JN4FQ1A9G8EU25

Shareholder update

The Company’s largest shareholder comprises entities in the Phoenix Group
being Phoenix Life Limited (“PLL”) and Phoenix Life Assurance Limited. 
The Company has recently announced five ‘TR-1’ notifications made to it by
each of PLL and its subsidiaries Phoenix SPV 1 Limited, Phoenix SPV 2 Limited
and Phoenix SPV 3 Limited and Phoenix SPV 4 Limited. 

The Company’s circular to shareholders dated 3 May 2018, in respect of the
Company’s admission into the United Kingdom REIT regime, noted PLL were in
the process of an internal restructuring of their investment such that it
would not be deemed to be a substantial shareholding under the REIT regime. 
The Company understands that these TR-1 notifications are a result of the
completion of that internal restructuring. 

For further information please contact:

Will Fulton / Graeme McDonald, Aberdeen Standard Investments
Tel: 0131 245 2799 / 0131 245 3151



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