Aberdeen Standard European Logistics Income plc Share Offer
This offer is now closed for applications through interactive investor
Results of the Issue
- The Issue Price was set at 109 pence per new Ordinary Share
- Aberdeen Standard European Logistics Inc (ASLI) has successfully raised gross proceeds of £125 million.
- Applications have been made to the London Stock Exchange for 114,678,900 New Ordinary Shares to be admitted to trading on the London Stock Exchange's main market.
- The Initial Issue was significantly oversubscribed with strong support from both existing and new investors.
- Customers will receive approximately 75% of the amount applied for rounded down to the nearest whole share.
- Share allocations and uninvested cash are being credited today (Wednesday 29 September 2021). Confirmation of allocations will be sent once the shares and refunds are showing on accounts.
- Please note the allocation policy was set by ASLI and not Interactive Investor.
Offer period
- The Offer Period for the Aberdeen Standard European Logistics Income plc Share Offer closed at 11am on Tuesday 28 September 2021.
Trading starts
- Admission and unconditional dealing in the New Ordinary Shares is expected to commence at 8am on Friday 1 October 2021. There is no conditional dealing period.
- When admitted to trading, the New Ordinary Shares will be registered with SEDOL (Stock Exchange Daily Official List) number BD9PXH4 and trade under the symbol "ASLI".
- If you buy or sell Aberdeen Standard European Logistics Income plc New Ordinary Shares after admission the relevant share dealing rate will apply.
Tony Roper, Chairman of the Company, commented:
The very positive response to the Company's fundraising from both existing shareholders and new investors is a clear endorsement of the strategy and performance of the Trust to date. The issue was significantly over-subscribed and with the near-term pipeline of acquisition opportunities growing since early September, after careful consideration the Board decided to increase the size of the issue to £125 million.
Key information
| Issue price per share: | £1.09 |
| Minimum investment: | £1,000 (multiples of £1 thereafter) |
| Stock ticker: | ASLI |
| SEDOL: | BD9PXH4 |
Expected timetable
| Offer open: | 8 September 2021 |
| Offer close: | 28 September 2021 (11am) |
| Result announced: | 29 September 2021 |
| Unconditional dealing starts: | 1 October 2021 (8am) |
Offer announcements
This website is issued by, and is the sole responsibility of, Interactive Investor Services Limited. This website is an advertisement and not a Prospectus. Any application to participate in the Offer can and will only be made on the basis of the Prospectus, together with any supplements thereto.
Interactive Investor Services Limited uses the Aberdeen Standard European Logistics Income plc Prospectus in accordance with the Company's consent and the conditions set out in the Aberdeen Standard European Logistics Income plc Prospectus.
Investing in IPOs carries a high degree of risk. If you are unsure of the suitability of an investment please seek Financial Advice. You are not guaranteed to make a profit, the value of your investments can go down as well as up. You may not get back all the money you invest. Any notification of an IPO on our website is not an endorsement of the issue, nor is it solicitation for interest in the issue. Investment in the Company should not be regarded as short-term in nature. You should consider carefully all of the information set out in the Offer documents, including all the risks attached to investing in the Company before you apply.
"Aberdeen Standard European Logistics Income plc" and the Aberdeen Standard European Logistics Income plc logo are registered trademarks of Aberdeen Standard European Logistics Income plc. Reproduced by kind permission of Aberdeen Standard European Logistics Income plc. All rights reserved.
This announcement has been published by Interactive Investor Services Limited.
This announcement has been prepared and is the sole responsibility of Interactive Investor Services Limited of Exchange Court, Duncombe Street, Leeds, LS1 4AX, which is an authorised person for the purposes of the Financial Services and Markets Act 2000.