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BRIEF-Warehouse REIT seeks to raise up to 150 mln stg via AIM listing
August 21, 2017 / 6:10 AM / 3 months ago

BRIEF-Warehouse REIT seeks to raise up to 150 mln stg via AIM listing

Aug 21 (Reuters) - WAREHOUSE REIT PLC:

* WAREHOUSE REIT ANNOUNCES INTENTION TO FLOAT ON AIM

* ‍PLACING, OFFER FOR SUBSCRIPTION AND INTERMEDIARIES OFFER TO RAISE UP TO 150 MLN STG​

* ‍PROPOSED ISSUE OF UP TO 150 MILLION ORDINARY SHARES TO RAISE GROSS PROCEEDS OF UP TO 150 MILLION STG VIA A PLACING AND OFFER FOR SUBSCRIPTION​

* ‍IS TARGETING A DIVIDEND YIELD OF 5.5P EQUIVALENT TO A YIELD OF 5.5 PER CENT. FOR YEAR ENDING 31 MARCH 2019​

* ‍WILL TARGET AN ANNUAL RETURN OF AT LEAST 10 PERCENT THROUGH A COMBINATION OF DIVIDENDS AND GROWTH IN NAV​

* ‍PEEL HUNT LLP IS ACTING AS NOMINATED ADVISER AND BROKER TO COMPANY​ Source text for Eikon:

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