UK Commercial Property REIT Ltd – Publication of the circular
UK COMMERCIAL PROPERTY REIT LIMITED
(the company”)
LEI: 213800JN4FQ1A9G8EU25
October 5, 2022
PUBLICATION OF THE CIRCULAR
Following the announcement published by UK Commercial Property REIT Limited on August 10, 2022the Company has published and sent today to the shareholders a circular (the “Circular“) convening the extraordinary general meeting to be held on October 25, 2022 at 10:30 a.m. at the registered office of Dickson Minto at Broadgate Tower, 20 Primrose Street, London EC2A 2EW to consider a resolution to approve the continuation of the Company (the “Resolution“).
The Board considers that the continuation of the Company is in the best interest of all shareholders. It will allow the continued implementation of the Company’s investment strategy, including the completion of its committed developments which will add significant rental income to its property portfolio. The board therefore unanimously recommends that all shareholders vote in favor of the resolution and further details are provided in the circular as to why the board is making this recommendation.
The Board intends to vote all of its beneficial assets in favor of the resolution and Phoenix (being certain subsidiaries of Phoenix Life Limited and Phoenix Life Assurance Limited), collectively the principal shareholders of the Company, representing 43%. of the Company’s issued share capital have also pledged to support the lawsuit.
In accordance with Rule 9.6.1 of the Listing Rules, copies of the circular, including the notice of general meeting and the form of proxy, have been submitted to the national storage mechanism and are available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
A copy of the Circular will also be available in electronic form on the Company’s website at www.ukcpreit.com.
For more information, please contact:
Will Fulton/Jamie Hortonabrdn
Tel: 0131 528 4261
William SimmondsJP Morgan Cazenove
Tel: 020 7742 4000
Richard Sunderland/Andrew Davis/Smart EmilyFTI Council
Tel: 020 3727 1000
