AEWU AEW UK REIT

Update on legal proceedings

AEW UK REIT plc (AEWU)
Update on legal proceedings

15-Jun-2021 / 07:00 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

15 June 2021 

 

AEW UK REIT Plc (the "Company") 

 

Update on legal proceedings

 

Further to the Company's announcement of 23 April 2021 regarding the successful outcome of its legal action against two well-funded national tenants to recover unpaid rent, the Company can report that neither tenant sought the court's permission to appeal the decision of the Master and have now paid all the rent arrears claimed in the proceedings, as well as reaching an agreement on the legal costs incurred. With regards to the outstanding rent arrears that had fallen due for payment since the claims were issued, these amounts have also been paid in full, and as a result the Company has received the full amount of rent arrears of £1,200,566 referred to in the previous announcement on 23 April.

 

 

 

 

Enquiries 

 

AEW UK 

 

Alex Short 

 

 

+44(0) 20 7016 4848 

Henry Butt 

+44(0) 20 7016 4855

Nicki Gladstone 

 

 

+44(0) 7711 401 021  

Company Secretary 

 

Link Company Matters Limited 

 

 

+44(0) 1392 477 500 

 

 

TB Cardew 

 

Ed Orlebar 

Tania Wild 

+44 (0) 7738 724 630 

+44 (0) 7425 536 903 

Lucas Bramwell 

+44 (0) 7939 694 437 

 

 

Liberum Capital 

 

Darren Vickers / Owen Matthews 

+44 (0) 20 3100 2000 

 

 

 

 LEI: 21380073LDXHV2LP5K50

 

 

 

 

 

 
ISIN: GB00BWD24154
Category Code: MSCM
TIDM: AEWU
LEI Code: 21380073LDXHV2LP5K50
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 111199
EQS News ID: 1207829

 
End of Announcement EQS News Service

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15/06/2021

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