Tritax Big Box REIT PLC

Share Issue/Capital Change • Mar 19, 2015

National Storage Mechanism | Additional information

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RNS Number : 9468H

Tritax Big Box REIT plc

19 March 2015

19 March 2015

TRITAX BIG BOX REIT PLC

(the "Company")

Issue of Ordinary Shares under the Investment Management Agreement and PDMR Shareholdings

The Board of Tritax Big Box REIT plc (ticker: BBOX) announces that, in accordance with the terms of the management fee arrangements with Tritax Management LLP (the "Manager") pursuant to which 25 per cent. of the management fee is payable in new ordinary shares of £0.01 each in the capital of the Company ("Ordinary Shares"), it has today issued 175,557 Ordinary Shares (the "Management Ordinary Shares"), subject only to Admission (defined below).

The issue price per Management Ordinary Share is 106.22p (being the most recently published net asset value of 107.02p per Ordinary Share as at 31 December 2014, less the third interim dividend of 0.8p per Ordinary Share).

Application has been made for the Management Ordinary Shares to be admitted to the premium segment of the Official List and to trading on the main market of the London Stock Exchange. It is expected that dealings in the Management Ordinary Shares will commence at 8.00 a.m. on 20 March 2015 ("Admission").

The Ordinary Shares allotted and issued to the Manager set out above are subject to a minimum lock-in period of 12 months from Admission.

Director and PDMR Shareholdings

In accordance with DTR 3.1.4(1)(a), on Admission the beneficial interests of the directors of the Company and senior executives of the Investment Team with day-to-day management responsibility in connection with services provided to the Company will be as follows:

PDMR	Position	Number of Ordinary Shares held	% of issued share capital
Mark Shaw	Non-executive director and a member of Investment Team	228,261	0.05%
Colin Godfrey	Investment Team	177,232	0.04%
James Dunlop	Investment Team	177,232	0.04%
Henry Franklin	Investment Team	140,080	0.03%

FOR FURTHER INFORMATION, PLEASE CONTACT:

Tritax Group Colin Godfrey (Partner, Fund Manager)	via Newgate (below)
Newgate (Financial PR) James Benjamin Andre Hamlyn	Tel: 020 7680 6550 Email: tritax@newgatecomms.com
Jefferies International Limited Gary Gould Stuart Klein Alex Collins	Tel: 020 7029 8000
Akur Limited Anthony Richardson Tom Frost Siobhan Sergeant	Tel: 020 7493 3631

NOTES:

Tritax Big Box REIT plc is a real estate investment trust to which Part 12 of the UK Corporation Tax Act 2010 applies ("REIT"). The Company invests in and asset manages a portfolio of well-located, modern "Big Box" assets, typically targeting buildings greater than 500,000 sq. ft., let to institutional-grade tenants on long-term leases (typically between 12 and 25 years in length) with upward-only rent reviews (providing the potential for inflation linked earnings growth), and with geographic and tenant diversification throughout the UK. The Company seeks to exploit the significant opportunity in this sub-sector of the UK logistics market owing to strong tenant demand in high growth areas of the economy and limited stock supply. The Company is the first listed vehicle to give pure exposure to the "Big Box" asset class in the UK.

Further information on Tritax Big Box REIT is available at www.tritaxbigbox.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

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