Global Net Lease, Inc. (NYSE:GNL) Files An 8-K Regulation FD DisclosureItem 7.01. Other Events.
Notice of Termination of Inactive Distribution Reinvestment Plan
Global Net Lease, Inc. (the “Company”) hereby provides notice to its stockholders that, in accordance with the terms of the Company’s distribution reinvestment plan (“DRIP”), which is inactive and was previously suspended in advance of the Company’s listing of its common stock on the New York Stock Exchange in June 2015, the Company’s board of directors approved the termination of the DRIP, effective on December 19, 2016. As previously disclosed, the final issuance of shares to the DRIP occurred in May 2015.
About Global Net Lease, Inc. (NYSE:GNL)
Global Net Lease, Inc. is a real estate investment trust that focuses on acquiring and managing a portfolio of strategically located commercial real estate properties. The Company’s business consists of owning, managing, operating, leasing, acquiring, investing in and disposing of real estate assets. The Company focuses its investments on commercial and retail properties, including special use single tenant properties. The Company owns approximately 330 net-leased commercial properties consisting of over 18.7 million rentable square feet. The Company has approximately 270 properties located in the United States and Puerto Rico, over 40 properties located in the United Kingdom and approximately 20 properties located across continental Europe. Its portfolio of real estate properties includes McDonald’s, Wickes Building Supplies I, Thames Water, Northern Rock, Con-way Freight, Western Digital, GE Aviation, DFS Trading, Talk Talk, GSA IV, Nissan, Select Energy Services I and Lhoist. Global Net Lease, Inc. (NYSE:GNL) Recent Trading Information
Global Net Lease, Inc. (NYSE:GNL) closed its last trading session down -0.02 at 7.90 with 585,215 shares trading hands.