Tritax Big Box REIT said Wednesday it would issue shares to db Symmetry to complete a deal to acquire a 87% stake in the company.
Under the terms of the acquisition, Tritax Big Box agreed to issue 40,450,234 shares.
The admission of the issued shares to trading on the London Stock Exchange was expected to become effective on 22 February 2019, the company said.
Immediately following admission of the shares, the company's issued share capital would consist of 1,706,974,948 shares.
At 10:00am: (LON:BBOX) Tritax Big Box Reit Plc share price was +0.05p at 137.05p