Urban Logistics REIT PLC - UK-focused logistics real estate investment trust - announces the start of a discretionary share buyback programme worth up to £7.5 million, with Panmure Liberum managing the process. The share buyback will reduce the company’s share capital to boost earnings and net asset value per share.

The programme will run until the maximum £7.5 million limit is reached or until terminated. Shares repurchased will be held in treasury for reissue or cancellation at the company’s discretion

Current stock price: 107.80 pence, down 0.4% in London on Tuesday

12-month change: down 14%

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