GROUND RENTS INCOME FUND PLC

Share Issue/Capital Change • Oct 26, 2015

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RNS Number : 4277D

Ground Rents Income Fund PLC

26 October 2015

GROUND RENTS INCOME FUND PLC

EXERCISE OF WARRANTS

Ground Rents Income Fund plc has received warrant exercise notices and subscription monies in respect of 158,600 ordinary shares of 50 pence each (the "New Ordinary Shares").  The warrants have been exercised at a subscription price of £1.00 each.  The New Ordinary Shares will rank pari passu with the existing Ordinary Shares in the Company.

Application has been made for the Ordinary Shares to be admitted to the Official List of the Channel Islands Securities Exchange Authority and to trading on the SETSqx Platform of the London Stock Exchange market for listed securities.  It is expected that Admission will become effective, and that dealings in the New Ordinary Shares will commence, on 27 October 2015.

Following this allotment, the issued share capital and total voting rights of the Company will consist of 93,124,311 Ordinary Shares. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company.

Contacts:

Ground Rents Income Fund plc
Simon Wombwell (Director)	020 7499 6424
Brooks Macdonald Funds Limited
James Agar (Director)	020 7659 3454
N+1 Singer (Broker)
James Maxwell / Liz Yong / Tom Smale	020 7496 3000
Tavistock (Media)
Jeremy Carey / James Whitmore	020 7920 3150
Appleby Securities (Channel Islands) Limited (Sponsor)
Kate Storey / Danielle Machon	01481 755600

END OF ANNOUNCEMENT

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