NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO, OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

FOR IMMEDIATE RELEASE

25 February 2022

Helical plc ("Helical" or the "Company")

Publication of Circular and Notice of General Meeting

Further to the announcement on 12 January 2022 relating to the Company's intention to convert to a Real Estate Investment Trust ("REIT"), Helical confirms that its circular in relation to the buy-back and cancellation of Deferred Shares and amendments to the Articles in connection with becoming a REIT (the "Circular") has been sent to Helical's shareholders ("Shareholders").

Accordingly, the Circular contains a notice convening the General Meeting (the "Notice of General Meeting"), which is to be held at 5 Hanover Square, London W1S 1HQ at 2.30 p.m. on 21 March 2022, at which an ordinary resolution and a special resolution will be proposed for the Shareholders to approve.  

The Circular (including the Notice of General Meeting) will shortly be submitted to the FCA's National Storage Mechanism and will be available for inspection on its website at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. The Circular (including the Notice of General Meeting) will also be available for viewing on Helical's website at https://www.helical.co.uk/investors/shareholder-information/egm/.

Unless otherwise defined, terms used in this announcement (including in the Important Notice below) shall have the same meaning as those used in the Circular.

For further information please contact:

Helical

Gerald Kaye/Tim Murphy

Tel: 020 7629 0113

FTI Consulting

Dido Laurimore/Richard Gotla/Andrew Davis

Tel: 020 3727 1000

[email protected]                                                            

This announcement has been authorised for release by the Board

Important Notice

The release, publication or distribution of this announcement in jurisdictions other than the United Kingdom may be restricted by law and therefore any persons who are subject to the laws of any jurisdiction other than the United Kingdom should inform themselves about, and observe, any applicable requirements. The information disclosed in this announcement may not be the same as that which would have been disclosed if this announcement had been prepared in accordance with the laws and regulations of any jurisdiction outside of the United Kingdom.

This announcement is not intended to, and does not constitute, or form part of, an offer to sell or an invitation to purchase or subscribe for any securities or a solicitation of any vote or approval in any jurisdiction. This announcement does not constitute a prospectus or a prospectus equivalent document. Shareholders are advised to read carefully the Circular. Any vote in respect of the resolutions to be proposed at the General Meeting should be made only on the basis of the information in the Circular.