SEGRO PLC SEGRO Receives Approval of Secondary Listing (9403F)
20 November 2020 - 6:00PM
UK Regulatory
TIDMSGRO
RNS Number : 9403F
SEGRO PLC
20 November 2020
NOT FOR DISTRIBUTION OR PUBLICATION IN ANY JURISDICTION EXCEPT
UNDER CIRCUMSTANCES THAT WILL RESULT IN COMPLIANCE WITH ANY
APPLICABLE LAWS AND REGULATIONS.
This announcement does not constitute an offer to sell, or the
solicitation of an offer to subscribe for or to buy, any shares nor
any other securities of the Company in any jurisdiction. This
announcement is not a prospectus (or prospectus equivalent
document) or an advertisement.
20 November 2020
SEGRO plc receives approval for secondary listing of shares on
Euronext Paris
("SEGRO", the "Company" or, together with its subsidiaries, the
"Group")
SEGRO (LSE: SGRO) announces that it has applied and received
approval for the admission of its entire issued share capital (the
"Shares") to listing and trading on Euronext Paris (the "Secondary
Listing"). Admission is expected to take place on or about 24
November 2020.
The Shares will be traded under the Euronext ticker symbol
"SGRO" and ISIN code GB00B5ZN1N88.
The Secondary Listing reflects the growth and importance to the
Company of its Continental European investor base and operations.
It manages a EUR6.2 billion portfolio in Continental Europe and the
Secondary Listing will ensure that SEGRO can maintain an optimum
and efficient holding structure in respect of these assets
following the end of the Brexit transition period on 31 December
2020.
The Company will not issue any new shares or any other
securities in connection with the Secondary Listing and the Shares
will remain listed on the premium segment of the Official List of
the Financial Conduct Authority and tradable on the Main Market of
the London Stock Exchange.
A copy of the summary document relating to the Secondary Listing
will be made available in electronic form on the Company's website
(https://www.segro.com/summary-document) later today.
ENDS
For further information, please contact:
SEGRO plc
Claire Mogford (Head of Investor Relations)
Tel: +44 (0) 20 7451 9048 / claire.mogford@segro.com
Lizzie Humphreys (External Communications Manager)
Tel: +44 (0) 20 7451 9129 / lizzie.humphreys@segro.com
Richard Sunderland / Claire Turvey / Eve Kirmatzis (FTI
Consulting)
Tel: +44 (0) 20 3727 1000
Notes to Editors
About SEGRO
SEGRO is a UK Real Estate Investment Trust (REIT), and a leading
owner, manager and developer of modern warehouses and industrial
property. It owns or manages 8.1 million square metres of space (88
million square feet) valued at GBP13.3 billion serving customers
from a wide range of industry sectors. Its properties are located
in and around major cities and at key transportation hubs in the UK
and in seven other European countries.
For 100 years SEGRO has been creating the space that enables
extraordinary things to happen. From modern big box warehouses,
used primarily for regional, national and international
distribution hubs, to urban warehousing located close to major
population centres and business districts, it provides high-quality
assets that allow its customers to thrive.
See www.SEGRO.com for further information.
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END
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