23 February 2017
Standard Life
Investments Property Income Trust Limited
Issue of
Equity
Standard Life Investments Property Income Trust Limited (the
“Company”) announces that, on 23 February
2017, it issued 500,000 ordinary shares of 1 pence each (the “Ordinary Shares”) under its
block listing facility for cash at a price of 85.9 pence per share to meet ongoing demand for
the Ordinary Shares pursuant to the Company’s tap issuance
programme.
The net proceeds from the issue of the new Ordinary Shares will
be used to reduce the Company's borrowings and/or invested in
accordance with the Company's investment policy.
The new Ordinary Shares will, when issued, be credited as fully
paid and rank pari passu with the existing Ordinary Shares in the
capital of the Company, including the right to receive all future
dividends and distributions declared, made or paid.
Following Admission, the Company will have 384,515,419 Ordinary
Shares in issue. The total number of voting rights of the Company
will be 384,515,419 and this figure may be used by shareholders as
the denominator for the calculations by which they will determine
if they are required to notify their interest in, or a change to
their interest in, the Company.
Enquiries:
Standard Life
Investments
Graeme McDonald |
+44 (0) 131 245 3151 |
Winterflood
Investment Trusts
Graeme Caton
Neil Langford |
+44 (0) 20 3100
0000 |