Company Announcements

Statement re Travelodge press leaks

Source: RNS
RNS Number : 8388O
Secure Income REIT PLC
03 June 2020
 

3 June 2020

 

Secure Income REIT plc ("the Company" or "SIR")

 

Statement re Travelodge press leaks

 

 

We note the press reports that Travelodge intends to launch a Creditors Voluntary Arrangement (CVA) today.  Travelodge has yet to provide details of their proposal to the Company and we await sight of any CVA documentation.

 

Once received, we will be scrutinising any proposals along with our team of expert advisors in order to best protect the Company's position in determining whether or not to support any CVA proposals.  Further information about the potential impact on the Company will be announced once we have been provided with the relevant information.

 

For further information on the Company, please contact:                                                             

 

Secure Income REIT Plc                    +44 20 7647 7647

Nick Leslau                                          enquiries@SecureIncomeREIT.co.uk

Mike Brown

Sandy Gumm

                                               

 

Stifel Nicolaus Europe Limited        +44 20 7710 7600

(Nominated Adviser)                         stifelsecureincomereit@stifel.com

Stewart Wallace

 

FTI Consulting                                     +44 20 3727 1000

(PR Adviser)                                         SecureIncomeREIT@fticonsulting.com

Dido Laurimore

Claire Turvey

Eve Kirmatzis

 

 

 

 


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