Insightful Update on Urban Logistics REIT Plc's Recent Activities

Urban Logistics REIT Plc: Key Disclosure Overview
Recently, an important public disclosure was made by Rathbones Group Plc, which holds significant interests in Urban Logistics REIT Plc. This disclosure is crucial for investors and stakeholders, as it provides insights into the current positions and dealings related to the securities of Urban Logistics REIT Plc.
Understanding the Disclosure
According to the Takeover Code, anyone holding 1% or more of a company’s voting securities is required to disclose their position. This ensures transparency in the market, giving investors the necessary information to make informed decisions. In this case, Rathbones Group Plc disclosed ownership of 16,328,394 shares of Urban Logistics REIT Plc, which accounts for approximately 3.51% of the issued share capital.
Details of the Positions
As an investor, it's imperative to grasp the details surrounding these disclosures. Rathbones Group Plc reported holding significant interest in the relevant securities. The interests and short positions in the securities of Urban Logistics REIT Plc are as follows:
- Class of Relevant Security: 1p Ord
- Interests Held: 16,328,394 shares
- Short Positions: None reported
This disclosure has an impact on market dynamics, informing other potential investors of the stake that Rathbones Group holds in Urban Logistics REIT Plc.
Recent Dealings by Rathbones Group Plc
In the latest dealings, Rathbones Group has been active in buying and selling shares of Urban Logistics REIT Plc. This trading activity can greatly influence the stock's performance depending on market conditions and investor sentiment.
Recent Transactions
Significantly, Rathbones Group sold 4,300 shares at a price of 144.4201p and another 8,931 shares at 144.6p. These movements signify the continuous trading activity and the strategy employed by Rathbones Group Plc as they navigate the current market landscape.
Compliance and Regulatory Obligations
Every disclosure made under Rule 8 of the Takeover Code must be communicated to Regulatory Information Services. These provisions aim to ensure fair trading practices and protect investors by maintaining transparency on significant securities dispositions.
Compliance with such rules is critical and that is why Rathbones Group has maintained open lines of communication, ensuring that all necessary information is at the disposal of stakeholders.
Contact Information for Further Inquiries
- Contact Name: Callum Ridley – Compliance Department
- Telephone Number: 0151 243 7037
Frequently Asked Questions
What is the significance of this disclosure?
The disclosure informs the public and the market about significant shareholders and their trading activities, which is essential for transparency.
What percentage of shares does Rathbones Group own?
Rathbones Group Plc owns approximately 3.51% of Urban Logistics REIT Plc, equating to 16,328,394 shares.
How do recent transactions affect Urban Logistics REIT Plc?
Recent transactions can impact market perceptions and share prices, indicating investor confidence or concerns.
Who is responsible for making these disclosures?
Shareholders or entities holding 1% or more of a company's shares are responsible for making these disclosures under the Takeover Code.
What is Urban Logistics REIT Plc?
Urban Logistics REIT Plc is a UK-based real estate investment trust focusing on urban logistics properties that cater to e-commerce and supply chain needs.
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