Brooks Macdonald Group PLC has disclosed its position in UK Commercial Property REIT Limited, as per the Rule 8.3 of the Takeover Code. The disclosure, released on 10 May 2024, reveals that Brooks Macdonald Group PLC owns and/or controls 4.18% of the 25p ordinary shares of UK Commercial Property REIT Limited, amounting to 54,323,420 shares. The disclosure also includes dealings made by Brooks Macdonald Group PLC, such as the purchase and sale of 25p ordinary shares at different prices per unit.
The disclosure also mentions that Brooks Macdonald Group PLC is making disclosures in respect of another party to the offer, Tritax Big Box REIT plc. The document further includes details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities, which may be an inducement to deal or refrain from dealing, entered into by Brooks Macdonald Group PLC and any party to the offer or any person acting in concert with a party to the offer.
The release also specifies that there are no agreements, arrangements, or understandings relating to options or derivatives between Brooks Macdonald Group PLC and any other person. The disclosure concludes with contact information for further inquiries.
This disclosure provides a comprehensive overview of Brooks Macdonald Group PLC's position and dealings with UK Commercial Property REIT Limited, in compliance with the regulatory requirements of the Takeover Code.