Source - Alliance News

PRS REIT PLC - Manchester, England-based real estate investment trust - Agrees with investment adviser Sigma PRS Management to add a ’change of control’ provision to the investment advisory agreement between the two companies. In the event of a change of control of PRS REIT, both companies now have the right to terminate the agreement with twelve months’ notice. The amendment was decided following PRS REIT’s launch of a strategic review at the end of October into the company’s future, to allow further flexibility as to how a potential sale of the company may be carried out.

Current stock price: 107.20 pence, up 0.6% in London on Monday morning

12-month change: up 30%

Copyright 2024 Alliance News Ltd. All Rights Reserved.

Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Prs Reit (The) PLC (PRSR)

+0.60p (+0.58%)
delayed 17:30PM