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
 
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