Delisting and Cancellation to Trading of Hibernia REIT Shares (1378647)
June 20 2022 - 4:00AM
UK Regulatory
Hibernia REIT plc (HBRN) Delisting and Cancellation to Trading
of Hibernia REIT Shares 20-Jun-2022 / 09:00 GMT/BST Dissemination
of a Regulatory Announcement, transmitted by EQS Group. The issuer
is solely responsible for the content of this announcement.
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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN
PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT
JURISDICTION
FOR IMMEDIATE RELEASE
20 June 2022
Recommended Cash Offer for
Hibernia REIT plc
by
Benedict Real Estate Bidco Limited
(a subsidiary of one of Brookfield's real estate private
funds)
to be implemented by way of a scheme of arrangement under
Chapter 1 of Part 9 of the Companies Act 2014
DELISTING AND CANCELLATION TO TRADING OF HIBERNIA REIT
SHARES
The listing of Hibernia REIT Shares on the Official List of the
FCA and trading in Hibernia REIT Shares on the Main Market of the
London Stock Exchange and on Euronext Dublin has been cancelled
with effect from 8.00 a.m. (Dublin time) today, 20 June 2022.
Except as otherwise defined herein, capitalised terms used but
not defined in this announcement have the same meanings as given to
them in the scheme document published by Hibernia REIT on 27 April
2022.
Enquiries:
Hibernia REIT plc Tel: +353 1 536 9100
Sean O'Dwyer/Tom Edwards-Moss
Credit Suisse (Joint Financial Adviser and Corporate Broker to Hibernia REIT)
Joe Hannon/James Green Tel: +44 20 7888 8888
Goodbody (Joint Financial Adviser, Sole Rule 3 Adviser and Corporate Broker to Hibernia REIT)
John Flynn/David Kearney Tel: +353 1 667 0420
Hibernia REIT press enquiries
Murray Consultants
Doug Keatinge Tel: +353 86 037 4163
--
-- The Hibernia REIT Directors accept responsibility for the
information contained in this announcementrelating to Hibernia
REIT, the Hibernia REIT Group and the Hibernia REIT Directors and
members of their immediatefamilies, related trusts and persons
connected with them. To the best of the knowledge and belief of the
HiberniaREIT Directors (who have taken all reasonable care to
ensure such is the case), the information contained in
thisannouncement for which they accept responsibility is in
accordance with the facts and does not omit anything likelyto
affect the import of such information.
-- Credit Suisse International ("Credit Suisse") which is
authorised by the Prudential Regulation Authority (the "PRA") and
regulated by the Financial Conduct Authority ("FCA") and the PRA in
the United Kingdom, is actingas financial adviser exclusively for
Hibernia REIT and no one else in connection with the Acquisition
and will notbe responsible to any person other than Hibernia REIT
for providing the protections afforded to clients of CreditSuisse,
nor for providing advice in relation to the content of this
announcement or any matter referred to herein.Neither Credit Suisse
nor any of its subsidiaries, branches or affiliates owes or accepts
any duty, liability orresponsibility whatsoever (whether direct or
indirect, whether in contract, in tort, under statute or otherwise)
toany person who is not a client of Credit Suisse in connection
with this announcement, any statement containedherein or
otherwise.
-- Goodbody Stockbrokers UC ("Goodbody"), which in Ireland is
regulated by the Central Bank of Ireland andin the UK is authorised
and subject to limited regulation by the Financial Conduct
Authority, is acting asfinancial adviser exclusively for Hibernia
REIT and no one else in connection with the Acquisition and will
not beresponsible to any person other than Hibernia REIT for
providing the protections afforded to clients of Goodbody,nor for
providing advice in relation to the content of this announcement or
any matter referred to herein.
Overseas Shareholders
The availability of the Acquisition to Hibernia REIT
Shareholders who are not resident in and citizens of Ireland or the
United Kingdom may be affected by the laws of the relevant
jurisdictions in which they are located or of which they are
citizens. Persons who are not resident in Ireland or the United
Kingdom should inform themselves of, and observe, any applicable
legal or regulatory requirements of their jurisdictions. In
particular, the ability of persons who are not resident in Ireland
or the United Kingdom to vote their Hibernia REIT Shares with
respect to the Scheme at the Court Meeting, or to appoint another
person as proxy to vote at the Court Meeting on their behalf, may
be affected by the laws of the relevant jurisdictions in which they
are located. Any failure to comply with the applicable restrictions
may constitute a violation of the securities laws of any such
jurisdiction. To the fullest extent permitted by applicable law,
the companies and persons involved in the Acquisition disclaim any
responsibility or liability for the violation of such restrictions
by any person. Further details in relation to Overseas Shareholders
will be contained in the Scheme Document.
Unless otherwise determined by Bidco or required by the Takeover
Rules, and permitted by applicable law and regulation, the
Acquisition will not be made available, directly or indirectly, in,
into or from a Restricted Jurisdiction where to do so would violate
the laws in that jurisdiction and no person may vote in favour of
the Scheme by any such use, means, instrumentality or from within a
Restricted Jurisdiction or any other jurisdiction if to do so would
constitute a violation of the laws of that jurisdiction. Copies of
this announcement and any formal documentation relating to the
Acquisition are not being, and must not be, directly or indirectly,
mailed or otherwise forwarded, distributed or sent in or into or
from any Restricted Jurisdiction and persons receiving such
documents (including custodians, nominees and trustees) must not
mail or otherwise forward, distribute or send it in or into or from
any Restricted Jurisdiction. Doing so may render invalid any
related purported vote in respect of the Acquisition. If the
Acquisition is implemented by way of a Takeover Offer (unless
otherwise permitted by applicable law and regulation), the Takeover
Offer may not be made directly or indirectly, in or into, or by the
use of mails or any means or instrumentality (including, but not
limited to, facsimile, e-mail or other electronic transmission,
telex or telephone) of interstate or foreign commerce of, or of any
facility of a national, state or other securities exchange of any
Restricted Jurisdiction and the Takeover Offer may not be capable
of acceptance by any such use, means, instrumentality or
facilities.
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ISIN: IE00BGHQ1986
Category Code: MSCH
TIDM: HBRN
LEI Code: 635400MHRA4QVVFTON18
Sequence No.: 169224
EQS News ID: 1378647
End of Announcement EQS News Service
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