Purchase of ZDP Shares (6600Y)
December 29 2010 - 6:50AM
UK Regulatory
TIDMIRET
RNS Number : 6600Y
ING UK Real Estate Income Trust Ltd
29 December 2010
ING UK Real Estate Income Trust Limited
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN
PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES
(INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED
STATES AND THE DISTRICT OF COLUMBIA) OR TO US PERSONS (AS SUCH TERM
IS DEFINED UNDER REGULATION S OF THE US SECURITIES ACT OF 1933, AS
AMENDED) OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD BE A
VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
FOR IMMEDIATE RELEASE
29 December 2010
The Board of ING UK Real Estate Income Trust Limited (the
"Company") announces the completion of its purchase of 5,902,317
Zero Dividend Preference Shares ("ZDP Shares") in IRET Securities
Limited at a cost of 67.77p per ZDP Share; a total investment of
approximately GBP4 million. The number of ZDP Shares purchased is
marginally below the number of shares previously announced on 21
December 2010 as a result of final pricing adjustments.
In addition, as a result of the final pricing adjustment, the
total number of ZDP Shares placed by Laxey and its associates was
26,201,532, marginally below that previously announced,
representing approximately 56.3 per cent. of the ZDP Shares in
issue.
For further information:
ING Real Estate Investment Management Tel: 020 7767 5648
(Investment Manager)
Michael Morris
Helen Stott
Financial Dynamics Tel: 020 7831 3113
(Financial PR)
Dido Laurimore
Laurence Jones
This information is provided by RNS
The company news service from the London Stock Exchange
END
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