LONDON - Tritax EuroBox plc, a real estate investment trust, announced today that its shares have been officially delisted from the Main Market of the London Stock Exchange (LON:LSEG) and the Official List of the Financial Conduct Authority as of 8:00 a.m. London time. This move follows the effective completion of the acquisition of Tritax EuroBox by Titanium Ruth Bidco Limited, a company indirectly owned by one of Brookfield's real estate private funds.
The delisting is a direct consequence of the previously announced scheme of arrangement becoming effective as per the terms set out in the circular published on October 28, 2024. The scheme was sanctioned by the court under Part 26 of the Companies Act 2006, a necessary step to implement the acquisition by Bidco.
The cessation of trading and listing marks the finalization of the acquisition process, effectively privatizing Tritax EuroBox. Shareholders of Tritax EuroBox should refer to the Scheme Document for detailed information regarding the terms and implications of the acquisition and the delisting procedure.
The acquisition by Bidco, which is now a controlling entity, indicates a significant change in ownership for Tritax EuroBox. This could potentially lead to shifts in the strategic direction of the company, although the specifics of such changes have not been disclosed.
Investors and market watchers are advised that this announcement is based on a press release statement and should consult the Scheme Document for a comprehensive understanding of the acquisition's details and the delisting's effects. It is important to note that all trading activities concerning Tritax EuroBox shares on the London Stock Exchange have ceased as of today, and the shares are no longer listed on the Financial Conduct Authority's Official List.
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