Brief: Urban Logistics Approaches API Regarding An Indicative Share-For-Share Offer

Urban Logistics Reit

20/02/2024 16:35

Feb 20 (Reuters) - Urban Logistics Reit PLC  SHED.L :
    * URBAN LOGISTICS REIT  - APPROACH TO API RE POSSIBLE
COMBINATION
    * URBAN LOGISTICS REIT PLC -  APPROACHED BOARD OF ABRDN
PROPERTY
INCOME TRUST LIMITED AND ADVISERS REGARDING AN INDICATIVE
SHARE-FOR-SHARE OFFER FOR API
    * URBAN LOGISTICS REIT PLC - INDICATIVE PROPOSAL TO API,
ADVISERS
COMPRISING INDICATIVE OFFER EXCHANGE RATIO OF 0.469 CO'S SHARES
FOR EACH API SHARE
    * URBAN LOGISTICS REIT -OFFER REPRESENTS OFFER VALUE OF
ABOUT
59.2P PER API SHARE BASED ON COMPANY'S SHARE PRICE OF 128.6P AS
AT CLOSE ON 19 FEB

Source text for Eikon:  ID:nRST8174Da 
Further company coverage:  SHED.L