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Growth Opportunities Under Consideration

lse:rgl

#1

“Regional REIT (LSE: RGL), the regional real estate investment specialist focused on building a diverse portfolio of income producing regional UK core and core plus office and industrial property assets, announces that it is considering an equity fundraise to take advantage of its growing near-term pipeline of opportunities in the investment market. The funds would be deployed in line with its investment policy with a view to delivering further value to its shareholders.”

Any such equity fundraise is expected to follow the publication of a prospectus, with further announcements to follow in due course.

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/RGL/14077601.html

I was on another forum the other day and ii chat came up. The general consesus was the site is dead, strangled by someone. Lol. You can’t post anything without being told how terrible the world is, so here goes :wink:

DL


#2

Yep this forum is nothing compared to the previous version. In fact I haven’t been here for six months or more as everything is just so difficult to find. So you have caught me on a lucky day trying it out or is that nostalgia

So most likely a placing of some sort down the line. At a discount? and including small holders?

Quite a few doing similar, UKW also throwing in its hat although even with the discount that only a 5.22% yield when previously you were looking at +6%. Still RGL’s yield is still much higher even if the SP rise has taken off a bit of the shine.

If it were a choice between the two I think my money might go to this one at the moment


#3

Hi Gerry, I spend less and less time here.

I’m OK with the site, but it’s just not the same atmosphere.

I’ve wondered the same questions.

They also raised a bond a few years ago:

RGL1

https://www.londonstockexchange.com/exchange/prices-and-markets/retail-bonds/company-summary/XS1849479602GBGBPUKCP.html?lang=en

I guess we can’t discount more exotic equity, but a placing of ordinary shares might be the most likely.

Lets hope that it’s not the case, and we get pre-emption rights along the way.

DL