TIDMBBOX
RNS Number : 1489D
Tritax Big Box REIT plc
24 April 2017
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN,
NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION
WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY
APPLICABLE LAW OR TO US PERSONS. PLEASE SEE THE IMPORTANT NOTICE AT
THE OF THIS ANNOUNCEMENT.
THIS ANNOUNCEMENT IS AN ADVERTISEMENT AND NOT A PROSPECTUS. THIS
ANNOUNCEMENT DOES NOT CONSTITUTE OR FORM PART OF, AND SHOULD NOT BE
CONSTRUED AS, AN OFFER FOR SALE OR SUBSCRIPTION OF, OR SOLICITATION
OF ANY OFFER TO BUY OR SUBSCRIBE FOR, ANY ORDINARY SHARES IN THE
COMPANY, IN ANY JURISDICTION, INCLUDING THE UNITED STATES, NOR
SHALL IT, OR ANY PART OF IT, OR THE FACT OF ITS DISTRIBUTION, FORM
THE BASIS OF, OR BE RELIED ON IN CONNECTION WITH, ANY CONTRACT OR
INVESTMENT DECISION WHATSOEVER, IN ANY JURISDICTION. THIS
ANNOUNCEMENT DOES NOT CONSTITUTE A RECOMMATION REGARDING ANY
SECURITIES. ANY INVESTMENT DECISION MUST BE MADE EXCLUSIVELY ON THE
BASIS OF THE PROSPECTUS TO BE PUBLISHED BY THE COMPANY IN
CONNECTION WITH THE ISSUE.
24 April 2017
TRITAX BIG BOX REIT PLC
(the "Company")
PUBLICATION OF PROSPECTUS
Further to the announcement this morning regarding the proposed
institutional placing (the "Placing"), open offer (the "Open
Offer") and offer for subscription (the "Offer for Subscription")
of new ordinary shares ("New Shares") (the "Issue"), the Board of
Directors of Tritax Big Box REIT plc (ticker: BBOX) announces the
publication of a prospectus (the "Prospectus") containing full
details of the Issue.
Details of the Issue are set out in the Prospectus which will be
available on the Company's website at www.tritaxbigbox.co.uk. A
copy of the Prospectus will be submitted to the National Storage
Mechanism and will be available for inspection at
www.morningstar.co.uk/uk/NSM.
For further information, please contact:
Tritax Group via Newgate
Colin Godfrey (Partner, Fund
Manager)
Newgate (PR Adviser) Tel: 020 7680 6550
James Benjamin Email: tritax@newgatecomms.com
Zoe Pocock
Lydia Thompson
Jefferies International Limited Tel: 020 7029 8000
(Sponsor, Joint Financial Adviser
and Sole Global Coordinator
and Bookrunner)
Gary Gould
Stuart Klein
David Watkins
Akur Limited (Joint Financial Tel: 020 7493 3631
Adviser)
Anthony Richardson
Tom Frost
Siobhan Sergeant
Scott Harris (Intermediaries Tel: 020 7653 0030
Offer Adviser)
Jeremy Wiseman
Ahmed Jibril
NOTES:
Tritax Big Box REIT plc is the only listed vehicle to give pure
exposure to the "Big Box" logistics asset class in the UK and is
committed to delivering attractive and sustainable returns for
shareholders. Investing in and managing both standing and pre-let
forward funded development assets, the Company focuses on
well-located, modern "Big Box" logistics assets, typically greater
than 500,000 sq. ft., let to institutional-grade tenants on
long-term leases (typically at least 12 years in length) with
upward-only rent reviews and geographic and tenant diversification
throughout the UK. The Company seeks to exploit the significant
opportunity in this sub-sector of the UK logistics market owing to
strong tenant demand and limited stock supply.
The Company is a real estate investment trust to which Part 12
of the UK Corporation Tax Act 2010 applies ("REIT"), is listed on
the premium listing segment of the Official List of the UK
Financial Conduct Authority and is a constituent of the FTSE 250,
FTSE EPRA/NAREIT and MSCI indices.
Further information on Tritax Big Box REIT is available at
www.tritaxbigbox.co.uk
IMPORTANT NOTICE
The information in this announcement is for background purposes
only and does not purport to be full or complete. No reliance may
be placed for any purpose on the information contained in this
announcement or its accuracy or completeness. The material
contained in this announcement is for information purposes only, is
given as at the date of its publication (unless otherwise marked)
and is subject to updating, revision and amendment. In particular,
any proposals referred to herein are tentative and are subject to
revision and amendment.
This announcement is not for publication or distribution,
directly or indirectly, in or into the United States (including its
territories and possessions, any state of the United States and the
District of Columbia), Australia, Canada, South Africa, New Zealand
or Japan or to US persons. The distribution of this announcement
may be restricted by law in certain jurisdictions and persons into
whose possession any document or other information referred to
herein comes should inform themselves about and observe any such
restriction. Any failure to comply with these restrictions may
constitute a violation of the securities laws of any such
jurisdiction.
This announcement is an advertisement and not a prospectus.
Investors should not subscribe for or purchase any transferable
securities referred to in this announcement except on the basis of
information in the Prospectus.
In member states of the European Economic Area ("EEA"), this
announcement is only addressed to and directed at persons who are
"qualified investors" within the meaning of Article 2(1)(e) of the
Prospectus Directive (Directive 2003/71/EC (and amendments thereto,
including Directive 2010/73/EU, to the extent implemented in the
Relevant Member State) and includes any relevant implementing
measure in each Relevant Member State).
This announcement does not contain or constitute an offer for
sale of, or the solicitation of an offer or an invitation to buy or
subscribe for, New Shares to any person in the United States,
Australia, Canada, South Africa, New Zealand or Japan or in any
jurisdiction to whom or in which such offer or solicitation is
unlawful.
The Company has not been and will not be registered under the US
Investment Company Act of 1940, as amended (the "Investment Company
Act"). In addition, the New Shares have not been and will not be
registered under the US Securities Act of 1933, as amended (the
"Securities Act") or under the securities laws of any state or
other jurisdiction of the United States and may not be offered or
sold in the United States or to or for the account or benefit of US
persons absent registration or an exemption from the registration
requirements of the Securities Act and in compliance with any
applicable state securities laws and in circumstances that will not
require registration of the Company under the Investment Company
Act. There will be no public offer of the New Shares in the United
States.
The offer and sale of New Shares has not been and will not be
registered under the applicable securities laws of any state,
province or territory of Australia, Canada, South Africa, New
Zealand or Japan. Subject to certain exceptions, the New Shares may
not be offered or sold in Australia, Canada, South Africa, New
Zealand or Japan or to, or for the account or benefit of, any
national, resident or citizen of Australia, Canada, South Africa,
New Zealand or Japan.
This announcement has not been approved or authorised by the
Guernsey Financial Services Commission for circulation in Guernsey,
and may not be distributed or circulated directly or indirectly to
any persons in the Bailiwick of Guernsey other than (i) by a person
licensed to do so under the terms of the Protection of Investors
(Bailiwick of Guernsey) Law, 1987, as amended, or (ii) to those
persons regulated by the Guernsey Financial Services Commission as
licensees under the Protection of Investors (Bailiwick of Guernsey)
Law, 1987, as amended, the Banking Supervision (Bailiwick of
Guernsey) Law, 1994, the Insurance Business (Bailiwick of Guernsey)
Law, 2002 or the Regulation of Fiduciaries, Administration Business
and company Directors etc. (Bailiwick of Guernsey) Law, 2000.
In Jersey, this announcement (and the financial services to
which it relates) has not been approved by and will not be
submitted for approval to the Jersey Financial Services Commission
(JFSC) for the purposes of public offering or sale in the Island of
Jersey.
The comparability of the information on the Company's
performance to date to its future performance is by its nature
limited for a variety of reasons. Without limitation, results can
be positively or negatively affected by market conditions beyond
the control of the Company or the Manager which may be different in
many respects from those that prevail at present or in the future,
with the result that the performance of investment portfolios
originated now may be significantly different from those originated
in the past. Neither the past performance of the Company nor the
Manager is a reliable indicator of, and cannot be relied upon as a
guide to, the future performance of the Company or the Manager.
Prospective investors should be aware that any investment in the
Company is speculative, involves a high degree of risk, and could
result in the loss of all or substantially all of their investment.
Persons considering making such an investment should consult an
authorised person specialising in advising on such investments.
This announcement does not constitute a recommendation concerning
the Issue and prospective investors should note that the value of
New Shares can decrease as well as increase.
Jefferies is authorised and regulated by the Financial Conduct
Authority. Akur is authorised and regulated by the Financial
Conduct Authority. Each of Jefferies and Akur is acting exclusively
for the Company and no-one else in connection with the Issue and
Admission. They will not regard any other person as their
respective clients in relation to the subject matter of this
announcement and will not be responsible to anyone other than the
Company for providing the protections afforded to their respective
clients, nor for providing advice in relation to the contents of
this announcement or any transaction, arrangement or other matter
referred to herein.
None of the Company, the Manager, Jefferies, Akur and any of
their respective affiliates accepts any responsibility or liability
whatsoever for/or makes any representation or warranty, express or
implied, as to this announcement, including the truth, accuracy or
completeness of the information in this announcement (or whether
any information has been omitted from the announcement) or any
other information relating to the Company, its subsidiaries or
associated companies, whether written, oral or in a visual or
electronic form, and howsoever transmitted or made available or for
any loss howsoever arising from any use of the announcement or its
contents or otherwise arising in connection therewith. The Company,
the Manager, Jefferies, Akur and their respective affiliates
accordingly disclaim all and any liability whether arising in tort,
contract or otherwise which they might otherwise have in respect of
this announcement or its contents or otherwise arising in
connection therewith.
This announcement does not constitute a recommendation
concerning the proposed Issue. The price and value of securities
and any income from them can go down as well as up and investors
may not get back the full amount invested on disposal of the
securities. Past performance is not a guide to future performance.
Before purchasing any New Shares, persons viewing this announcement
should ensure that they fully understand and accept the risks that
will be set out in the Prospectus, when published. Information in
this announcement or any of the documents relating to the proposed
Issue cannot be relied upon as a guide to future performance. The
Issue timetable may be influenced by a range of circumstances such
as market conditions. There is no guarantee that the Issue will
occur and you should not base your financial decisions on the
Company's intentions in relation to the Issue or the information
contained in this announcement. The contents of this announcement
are not to be construed as legal, business or tax advice. Each
prospective investor should consult his, her or its own legal
adviser, financial adviser or tax adviser for legal, financial or
tax advice.
This information is provided by RNS
The company news service from the London Stock Exchange
END
PDILLFEFSTISFID
(END) Dow Jones Newswires
April 24, 2017 11:13 ET (15:13 GMT)
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