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SIRIUS REAL ESTATE LIMITED - Publication of Prospectus

Release Date: 11/07/2024 16:30
Code(s): SRE     PDF:  
Wrap Text
Publication of Prospectus

SIRIUS REAL ESTATE LIMITED
(Incorporated in Guernsey)
Company Number: 46442
JSE Share Code: SRE
LSE (GBP) Share Code: SRE
LEI: 213800NURUF5W8QSK566
ISIN Code: GG00B1W3VF54

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SINGAPORE
OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION
WOULD BE UNLAWFUL.

11 July 2024
                                    Sirius Real Estate Limited

                                    Publication of Prospectus

Further to the announcements dated 10 and 11 July 2024 relating to a non-pre-emptive placing of new
ordinary shares ("New Ordinary Shares") in Sirius Real Estate Limited (the "Company") to raise gross
proceeds of approximately £150 million (the "Capital Raising"), the Company is pleased to announce
that the Financial Conduct Authority ("FCA") has approved the Prospectus dated 11 July 2024 relating
to the admission to trading of the New Ordinary Shares.

The Prospectus is available on the Company's website. A copy of the Prospectus will shortly be
submitted to the National Storage Mechanism and will be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Enquiries:
Sirius Real Estate Limited
Andrew Coombs, CEO / Chris Bowman, CFO
Tel: +44 (0) 203 727 1000 (via FTI)

Berenberg (UK Sponsor, Joint Global Co-ordinator & Joint Bookrunner)
Toby Flaux / Richard Bootle / Alix Mecklenburg-Solodkoff / Patrick Dolaghan
Tel: +44 (0) 203 207 7800

Peel Hunt (Joint Global Co-ordinator & Joint Bookrunner)
Investment Banking: Capel Irwin / Carl Gough / Henry Nicholls / Flora McMicking
ECM Syndicate: Sohail Akbar / Ella Hastings
Tel: +44 (0) 207 418 8900

Panmure Liberum (Joint Bookrunner)
David Watkins / Amrit Mahbubani
Tel: +44 (0) 203 100 2000

PSG Capital (SA Adviser, Sole SA Bookrunner, Placing Agent & JSE Sponsor)
Terence Kretzmann / Calvin Craig / Johann Piek
Tel: +27 (0) 81 831 2709 / +27 (0) 72 959 8198 / +27 (0) 65 975 1000

FTI Consulting (Financial PR)
Richard Sunderland / Ellie Sweeney / James McEwan / Talia Shirion
Tel: +44 (0) 203 727 1000
SiriusRealEstate@fticonsulting.com

NOTES TO EDITORS
About Sirius Real Estate Limited
Sirius is a property company listed on the main and premium market of the London Stock Exchange
and the main board of the JSE. It is a leading owner and operator of branded business and industrial
parks providing conventional space and flexible workspace in Germany and the UK. As of
31 March 2024, the Group's portfolio comprised 142 assets let to 9,654 tenants with a total book value
of over €2.1 billion, generating a total annualised rent roll of €188.7 million. Sirius also holds a 35%
stake in Titanium, its €350+ million German-focused joint venture with clients of AXA IM Alts.

The Company's strategy centres on acquiring business parks at attractive yields and integrating them
into its network of sites - both under the Sirius and BizSpace names and alongside a range of branded
products. The business then seeks to reconfigure and upgrade existing and vacant space to appeal to
the local market via intensive asset management and investment and may then choose to refinance or
dispose of assets selectively once they meet maturity, to release capital for new investment. This active
approach allows the Company to generate attractive returns for shareholders through growing rental
income, improving cost recoveries and capital values, and enhancing returns through securing efficient
financing terms.

For more information, please visit: www.sirius-real-estate.com

Follow us on LinkedIn at https://www.linkedin.com/company/siriusrealestate/

Follow us on X (Twitter) at @SiriusRE

IMPORTANT NOTICES

This Announcement is not for publication or distribution, directly or indirectly, in or into the United States
of America. This Announcement is not an offer of securities for sale into the United States. The
securities referred to herein have not been and will not be registered under the Securities Act and may
not be offered or sold in the United States, except pursuant to an applicable exemption from registration.
No public offering of securities is being made in the United States.

This Announcement is for information purposes only and is not intended to and does not constitute or
form part of any offer or invitation to purchase or subscribe for, or any solicitation to purchase or
subscribe for any securities in any jurisdiction. No offer or invitation to purchase or subscribe for, or any
solicitation to purchase or subscribe for, any securities will be made in
any jurisdiction in which such an offer or solicitation is unlawful.

Certain statements contained in this Announcement constitute "forward-looking statements" with
respect to the financial condition, results of operations and businesses and plans of the Company and
the Group. Words such as "believes", "anticipates", "estimates", "expects", "intends", "plans", "aims",
"potential", "will", "would", "could", "considered", "likely", "estimate" and variations of these words and
similar future or conditional expressions, are intended to identify forward-looking statements but are not
the exclusive means of identifying such statements. These statements and forecasts involve risk and
uncertainty because they relate to events and depend upon future circumstances that have not
occurred. There are a number of factors that could cause actual results or developments to differ
materially from those expressed or implied by these forward-looking statements and forecasts. As a
result, the Group's actual financial condition, results of operations and business and plans may differ
materially from the plans, goals and expectations expressed or implied by these forward-looking
statements. No representation or warranty is made as to the achievement or reasonableness of, and
no reliance should be placed on, such forward-looking statements. No statement in this Announcement
is intended to be, nor may it be construed as, a profit forecast or be relied upon as a guide to future
performance. The forward-looking statements contained in this Announcement speak only as of the
date of this Announcement.

This Announcement does not constitute a recommendation concerning any investor's investment
decision with respect to the Capital Raising. Any indication in this Announcement of the price at which
Ordinary Shares have been bought or sold in the past cannot be relied upon as a guide to future
performance. The price of shares and any income expected from them may go down as well as up and
investors may not get back the full amount invested upon disposal of the shares. Past performance is
no guide to future performance. The contents of this Announcement are not to be construed as legal,
business, financial or tax advice. Each investor or prospective investor should consult his, her or its
own legal adviser, business adviser, financial adviser or tax adviser for legal, financial, business or tax
advice.

No statement in this Announcement is intended to be a profit forecast or profit estimate for any period
and no statement in this Announcement should be interpreted to mean that earnings, earnings per
share or income, cash flow from operations or free cash flow for the Company for the current or future
financial periods would necessarily match or exceed the historical published earnings, earnings per
share or income, cash flow from operations or free cash flow for the Company.

Neither the content of the Company's website (or any other website) nor the content of any website
accessible from hyperlinks on the Company's website (or any other website) is incorporated into or
forms part of this Announcement.

This Announcement has been prepared for the purposes of complying with applicable law and
regulation in the United Kingdom and the information disclosed may not be the same as that which
would have been disclosed if this Announcement had been prepared in accordance with the laws and
regulations of any jurisdiction outside the United Kingdom.

Date: 11-07-2024 04:30:00
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