Tritax Big Box REIT plc ("Tritax") - Share offer
Jarvis Investment Management has been appointed as an 'intermediary' for the forthcoming Tritax Big Box REIT plc share offer.
The New Shares will rank pari passu in all respects with the Existing Ordinary Shares, save in respect of the Q1 2017 dividend of 1.60 pence per Ordinary Share declared on the 24th April for the three month period to 31 March 2017.
The Company expects to use the net proceeds of the Issue to acquire further investments. In this regard, Tritax Management LLP is engaged in discussions with the owners of a number of attractive investment assets that meet the Company's investment criteria and are available for potential acquisition in the near term. The Directors consider that these investment opportunities are likely to be value accretive to investors over the medium term. Accordingly, the Company is seeking to raise a target amount of £200 million (before expenses) via the Issue that will provide the Company with funds to capitalise on these investment opportunities. The Company currently plans to deploy the net proceeds of the Issue within six months of Admission.
The Offer for Subscription period is now open and applications must be received by 5pm on Tuesday 9th May.
Please ensure you read the prospectus before applying and this can be downloaded by clicking the buttons below.