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Tuesday, December 11, 2018

Equity Corporate Actions Alert #2018 - 227
(UPDATED) Distribution Information for Select Income REIT (SIR)

Category:

  • Industry Announcement

Markets Impacted:

Contact Information:

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Select Income REIT (SIR) announced a distribution to its shareholders of all the Common Shares of Beneficial Interest of Industrial Logistics Properties Trust (ILPT) held by SIR. The EX distribution when-issued market of Select Income REIT (SIRVV) and the when-issued market for the additional shares of Industrial Logistics Properties Trust (ILPTV) will begin trading on Nasdaq on Friday, December 21, 2018.

Details for the distribution and when-issued markets are as follows:

Company/ Parent: Select Income REIT
Issue: Common Shares of Beneficial Interest
CUSIP: 81618T100
Symbol: SIR
Record Date: December 20, 2018
Payment Date: December 27, 2018
EX Date: December 28, 2018
Due Bill Redemption Date: December 31, 2018
Ratio of Distribution:
 0.502509 of a share of Industrial Logistics Properties Trust (ILPT) for each share of Select Income REIT (SIR) held.

An EX distribution when issued market will be established for Select Income REIT. Trades in the EX distribution when issued market will not carry due-bills for the distribution. The details for the EX distribution when-issued market are as follows:

Symbol: SIRVV
CUSIP: 81618T118
First Trade Date: December 21, 2018
Anticipated Suspension Date: December 28, 2018
Settlement Date: January 2, 2019

A when-issued market will be established for the additional shares of the Common Shares of Beneficial Interest of Industrial Logistics Properties Trust (ILPT) The details for the when issued market are as follows:

Symbol: ILPTV
CUSIP: 456237106
First Trade Date: December 21, 2018
Anticipated Suspension Date: December 28, 2018
Settlement Date: January 2, 2019

For information regarding this announcement, contact Nasdaq Corporate Data Operations at +1 877 308 0523.

If you would like to register as a market maker in SIRVV or ILPTV contact Nasdaq Trading Services at +1 212 231 5100.

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