Great Portland Estates PLC Return of Capital Update (0711J)
28 March 2018 - 5:00PM
UK Regulatory
TIDMGPOR
RNS Number : 0711J
Great Portland Estates PLC
28 March 2018
28 March 2018
GREAT PORTLAND ESTATES PLC
(the Company)
Return of Capital Update
Redemption of B Shares
Following its announcement on 27 March 2018 in conjunction with
the Company's proposed return of capital by way of a B Share
Scheme, the Company confirms that the redemption of the B Shares
issued pursuant to the B Share Scheme will occur today.
It is expected that Shareholders entitled to receive payments in
respect of the proceeds from the redemption of the B Shares will
receive such payment by 13 April 2018.
Capitalised terms used in this announcement which are not
otherwise defined in this announcement have the same meaning as set
out in the explanatory circular regarding the B Share Scheme and
the Share Consolidation, and containing a notice of general
meeting, published on 28 February 2018 (the Circular).
A copy of the Circular is available at
http://www.morningstar.co.uk/uk/NSM and on the Company's website at
www.gpe.co.uk under 'Investors - Shareholder Information'.
Contacts:
Great Portland Estates plc
Nick Sanderson Finance Director 020 7647 3034
Finsbury
Gordon Simpson 020 7251 3801
LEI number of Great Portland Estates PLC:
213800JMEDD2Q4N1MC42
This information is provided by RNS
The company news service from the London Stock Exchange
END
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