GROUND RENTS INCOME FUND PLC

Share Issue/Capital Change • Sep 22, 2016

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 6037K

Ground Rents Income Fund PLC

22 September 2016

GROUND RENTS INCOME FUND PLC

EXERCISE OF WARRANTS

Ground Rents Income Fund plc has received warrant exercise notices and subscription monies in respect of 277,700 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 New 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.  It is expected that admission will become effective, and that dealings in the New Ordinary Shares will commence, on 23 September 2016.

Following this allotment, the issued share capital and total voting rights of the Company will consist of 93,402,011 ordinary shares of 50 pence each. 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	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

This information is provided by RNS

The company news service from the London Stock Exchange

END

IOELTMITMBITBAF