Become a Member

Track your favourite stocks
Create & monitor portfolios
Daily portfolio value

Company	Chg	Chg %
Quickpicks
£	%
Add shares to your quickpicks to display them here!

END OF OFFER PERIOD

25th Feb 2025 07:00

RNS Number : 2785Y

Ground Rents Income Fund PLC

25 February 2025

FOR IMMEDIATE RELEASE

25 February 2025

Ground Rents Income Fund plc ("GRIO", or the "Company")

END OF OFFER PERIOD

Ground Rents Income Fund plc acknowledges Victoria Property's announcement on 24 February 2025, confirming that it does not intend to make a firm offer for the Company.

GRIO and its advisers remain fully committed to implementing the strategy approved, and recently re-endorsed, by GRIO shareholders in November 2024.

The Company is no longer in an "offer period" as defined by the City Code on Takeovers and Mergers (the "Takeover Code") and the disclosure requirements pursuant to Rule 8 of the Takeover Code are no longer applicable.

-----------------

Enquiries:

Schroder Real Estate Investment Management Limited

Matthew Riley / Chris Leek

020 7658 6000

Singer Capital Markets (Financial Adviser & Broker)

James Maxwell / Alaina Wong / Sam Butcher (Investment Banking)

Sam Greatrex (Sales)

020 7496 3000

Appleby Securities (Channel Islands) Limited (Sponsor)

Andrew Weaver / Michael Davies

01534 888 777

FTI Consulting

Richard Gotla / Oliver Parsons

0203 727 1000

------------------

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

STREANALAFDSEFA

Related Shares:

FTSE 100 Latest

Value8,809.74

Change53.53