GROUND RENTS INCOME FUND PLC

M&A Activity • Feb 25, 2025

National Storage Mechanism | Additional information

RNS Number : 2785Y

Ground Rents Income Fund PLC

25 February 2025

FOR IMMEDIATE RELEASE

25 February 2025

Ground Rents Income Fund plc ("GRIO", or the "Company")

END OF OFFER PERIOD

Ground Rents Income Fund plc acknowledges Victoria Property's announcement on 24 February 2025, confirming that it does not intend to make a firm offer for the Company.

GRIO and its advisers remain fully committed to implementing the strategy approved, and recently re-endorsed, by GRIO shareholders in November 2024. 

The Company is no longer in an "offer period" as defined by the City Code on Takeovers and Mergers (the "Takeover Code") and the disclosure requirements pursuant to Rule 8 of the Takeover Code are no longer applicable.

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Enquiries:

Schroder Real Estate Investment Management Limited

Matthew Riley / Chris Leek

020 7658 6000

Singer Capital Markets (Financial Adviser & Broker)

James Maxwell / Alaina Wong / Sam Butcher (Investment Banking)

Sam Greatrex (Sales)

020 7496 3000

Appleby Securities (Channel Islands) Limited (Sponsor)

Andrew Weaver / Michael Davies

01534 888 777

FTI Consulting

Richard Gotla / Oliver Parsons

0203 727 1000

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