TARGET HEALTHCARE REIT LIMITED
To: RNS
From: Target Healthcare REIT Limited
Date: 26 November 2013
Non Mainstream Pooled Product Rules
The Board notes the proposed changes to the FCA rules relating to the restrictions on the retail distribution of unregulated collective investment schemes and close substitutes which will come into effect on 1 January 2014. Following the receipt of legal advice, the Board confirms that it conducts its affairs, and intends to continue to conduct its affairs, so that the Company's shares will be excluded securities under these new rules and will therefore be excluded from the FCA's restrictions which apply to non-mainstream investment products.
The Company's shares are excluded securities because the Company is a real estate investment trust.
Enquiries:
Kenneth MacKenzie
Target Advisers
01786 406 581
Graeme Caton
Winterflood Securities
020 3100 0268
