TIDMPILR
RNS Number : 6397K
Pacific Industrial & Log REIT PLC
11 April 2018
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED IN IT IS
RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION,
DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED
STATES, CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR
INTO OR FROM ANY JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A
VIOLATION OF LOCAL APPLICABLE SECURITIES LAWS OR REGULATIONS.
THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT
ITSELF CONSTITUTE AN OFFER FOR SALE OR SUBSCRIPTION OF ANY
SECURITIES IN THE COMPANY. THIS ANNOUNCEMENT IS NOT AN OFFER OF, OR
SOLICITATION TO PURCHASE OR SUBSCRIBE FOR, SECURITIES IN THE UNITED
STATES. THIS ANNOUNCEMENT HAS BEEN ISSUED BY AND IS THE SOLE
RESPONSIBILITY OF THE COMPANY.
THE INFORMATION COMMUNICATED IN THIS ANNOUNCEMENT IS INSIDE
INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION
596/2014.
Pacific Industrial & Logistics REIT plc
(the "Company")
Exchange of Contracts on proposed acquisition
Further to the announcement of 6 April 2018 (RNS number 0826K),
the Company has today exchanged contracts on Portfolio 1, (three
urban logistics assets with an aggregate acquisition price of
GBP19.5 million) and Portfolio 2, (three urban logistics assets and
a plot of land with an aggregate acquisition price of GBP16.5
million) from a single vendor.
Further details of the acquisition are set out in the
announcement of 6 April 2018.
For further information contact:
Pacific Industrial & Logistics
REIT plc +44 (0)20 7591
Richard Moffitt 1600
Montfort - Financial PR and IR
adviser +44 (0)78 1234
Olly Scott 5205
Canaccord Genuity - Nominated
Adviser, Joint Financial Adviser
and Sole Bookrunner
Simon Bridges
Charlie Foster +44 (0)20 7523
Andrew Buchanan 8000
Kinmont - Joint Financial Adviser +44 (0)20 7087
Mat Thackery 9100
Radnor Capital Partners - Placing
Agent
Joshua Cryer +44 (0)20 3897
Ben Gillen 1830
IMPORTANT NOTICE
The information contained in this Announcement is for
information purposes only and does not purport to be full or
complete. No reliance may be placed for any purpose on the
information contained in this Announcement or its accuracy,
fairness or completeness.
This Announcement has been issued by, and is the sole
responsibility of, the Company. No undertaking, representation,
warranty or other assurance, express or implied, is made or given
by or on behalf of the Company or any member of the Company's
group, Pacific Investments Management Limited, Canaccord Genuity
Limited ("Canaccord"), Kinmont Limited ("Kinmont") or Radnor
Capital Partners Ltd ("Radnor") or any of their respective
directors, officers, partners, employees, agents or advisers or any
other person as to the accuracy or completeness of the information
or opinions contained in this Announcement and no responsibility or
liability is accepted by any of them for any such information or
opinions or for any errors, omissions or misstatements, negligence
or otherwise in this Announcement.
Canaccord which is a member of the London Stock Exchange, is
authorised and regulated in the UK by the Financial Conduct
Authority ("FCA") and is acting as nominated adviser, joint
financial adviser and sole bookrunner to the Company. Canaccord is
not acting for, and will not be responsible to, any person other
than the Company for providing the protections afforded to its
customers or for advising any other person on the contents of this
Announcement or on any transaction or arrangement referred to in
this Announcement. Canaccord's responsibilities as the Company's
nominated adviser under the AIM Rules are owed solely to the London
Stock Exchange and are not owed to the Company, any Director or to
any other person. No representation or warranty, express or
implied, is made by Canaccord as to, and no liability is accepted
by Canaccord in respect of, any of the contents of this
Announcement.
Kinmont, is authorised and regulated in the UK by the FCA and is
acting as joint financial adviser to the Company. Kinmont is not
acting for, and will not be responsible to, any person other than
the Company for providing the protections afforded to its customers
or for advising any other person on the contents of this
Announcement or on any transaction or arrangement referred to in
this Announcement. No representation or warranty, express or
implied, is made by Kinmont as to, and no liability is accepted by
Kinmont in respect of, any of the contents of this
Announcement.
Radnor, is authorised and regulated in the UK by the FCA and is
acting as capital adviser and placing agent to the Company. Radnor
is not acting for, and will not be responsible to, any person other
than the Company for providing the protections afforded to its
customers or for advising any other person on the contents of this
Announcement or on any transaction or arrangement referred to in
this Announcement. No representation or warranty, express or
implied, is made by Radnor as to, and no liability is accepted by
Radnor in respect of, any of the contents of this Announcement.
The information in this Announcement may not be forwarded or
distributed to any other person and may not be reproduced in any
manner whatsoever. Any forwarding, distribution, reproduction, or
disclosure of this information in whole or in part is unauthorised.
Failure to comply with this directive may result in a violation of
applicable securities laws and regulations of other
jurisdictions.
This Announcement contains (or may contain) certain
forward-looking statements with respect to certain of the Company's
current expectations and projections about future events and the
Company's future financial condition and performance. These
statements, which sometimes use words such as "aim", "anticipate",
"believe", "may", "will", "should", "intend", "plan", "assume",
"estimate", "expect' (or the negative thereof) and words of similar
meaning, reflect the Directors' current beliefs and expectations
and involve known and unknown risks, uncertainties and assumptions,
many of which are outside the Company's control and difficult to
predict, that could cause actual results and performance to differ
materially from any expected future results or performance
expressed or implied by the forward looking statement. The
information contained in this Announcement speaks only as of the
date of this Announcement and is subject to change without notice
and the Company does not assume any responsibility or obligation
to, and does not intend to, update or revise publicly or review any
of the information contained to this Announcement, whether as a
result of new information, future events or otherwise, except to
the extent required by the UK Financial Conduct Authority, the
London Stock Exchange Plc or by applicable law.
This information is provided by RNS
The company news service from the London Stock Exchange
END
STRQFLFFVZFFBBE
(END) Dow Jones Newswires
April 11, 2018 12:18 ET (16:18 GMT)
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