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Real Estate & REITs Regulation & Governance Londonmetric Property

LondonMetric confirms post-acquisition intentions for Urban Logistics REIT

LondonMetric Property has confirmed it followed through on its stated post-offer intentions regarding its acquisition of Urban Logistics REIT, meeting a 12-month disclosure requirement under the City Code on Takeovers and Mergers.

by tickstock newsroom
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LondonMetric Property (LSE:LMP) has confirmed it carried out the course of action set out in its post-offer statement following the acquisition of Urban Logistics REIT, fulfilling a regulatory obligation under Rule 19.6(c) of the City Code on Takeovers and Mergers.

The announcement, made 12 months after the close of the offer period, confirms the FTSE 250 diversified property REIT acted in accordance with the intentions it disclosed at the time of the deal.

No further operational or financial detail was provided in the regulatory filing beyond confirmation of compliance with the stated post-offer intentions.

by tickstock newsroom