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IN BRIEF: Alternative Income Notes Completed Glenstone Tender Offer

20th Nov 2020 19:20

Alternative Income REIT PLC - UK commercial property investor with assets predominantly let on long leases - 11.9 million shares in Alternative Income REIT, reflecting 15% of the trust's issued share capital tendered under Glenstone Property PLC Offer. Participants in tender offer will revive 58.0 pence per share.

Tender offer was for up to 20.1 million shares.

Current stock price: 62.00 pence

Year-to-date change: down 16%

By Dayo Laniyan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


Related Shares:

Alternative Inc
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Change53.53