18 April 2024
Empiric Student Property plc
("Empiric" or the "Company" or, together with its subsidiaries, the "Group")
Blocklisting Application
Empiric Student Property plc (ticker: ESP), the owner and operator of premium, studio-led student accommodation aligned to top-tier universities, announces that an application has been made to the Financial Conduct Authority and the London Stock Exchange, for admission to (i) the Official List; and (ii) trading on the Main Market of the London Stock Exchange, for a blocklisting of securities in respect of a total of 9,000,000 ordinary shares of 1p each (the "Ordinary Shares") in the Company. It is expected that admission will become effective on or around 19 April 2024.
The new Ordinary Shares will be issued from time to time pursuant to the exercise of options and awards granted under certain share-based incentive arrangements operated by the Company, including its tax advantaged SAYE option plan.
Such new Ordinary Shares will, when issued, be credited as fully paid and will rank pari passu in all respects with the existing issued Ordinary Shares of the Company.
FOR FURTHER INFORMATION, PLEASE CONTACT:
| Empiric Student Property plc | (via FTI Consulting below) |
| Duncan Garrood (Chief Executive Officer) | |
| Donald Grant (Chief Financial & Sustainability Officer) | |
| | |
| FTI Consulting (Communications Adviser) | 020 3727 1000 |
| Dido Laurimore | empiric@fticonsulting.com |
| Eve Kirmatzis | |
The Company's LEI is 213800FPF38IBPRFPU87.
Further information on Empiric can be found on the Company's website at www.empiric.co.uk.
Notes:
Empiric Student Property plc is a leading provider and operator of modern, predominantly direct-let, premium student accommodation serving key UK universities. Investing in both operating and development assets, Empiric is a fully integrated operational student property business focused on premium studio-led accommodation managed through its Hello Student operating platform, that is attractive to affluent growing student segments.
The Company, an internally managed real estate investment trust ("REIT") incorporated in England and Wales, listed on the premium listing segment of the Official List of the Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in June 2014. The Company is classified as a commercial company listed under chapter 6 of the UK Listing rules and as such is not an alternative investment fund ("AIF") for the purposes of the Alternative Investment Fund Managers Directive ("AIFMD") and is not required to provide investors with a Key information Document ("KID") in accordance with the Packaged Retail and Insurance-based Investment Products ("PRIIPs") regulations.
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