Alternative Income REIT PLC (AIRE) · 2026-10-27
Alternative Income REIT shareholders face a likely loss of listed status after Glenstone increased its final recommended cash offer to 70p per share and, holding or with valid acceptances for 87.08% of shares, pursues full ownership. Glenstone needs a further 5.39% to reach the squeeze-out threshold and begin compulsory acquisition.
Alternative Income REIT PLC (AIRE) · 2026-10-27
Alternative Income REIT shareholders face a potential delisting after Glenstone held or had valid acceptances for 87.08% of AIRE’s existing issued shares at 26 October, including valid acceptances for 59.13%. Glenstone intends to delist AIRE once it has greater certainty over further acceptances and likely squeeze-out rights; compulsory acquisition still depends on reaching 90% of the shares to which the offer relates.
Alternative Income REIT PLC (AIRE) · 2026-10-20
Alternative Income REIT faces potential delisting after Glenstone said it has reached the 75% voting-rights threshold and intends to cancel AIRE’s Main Market and Official List admissions. The timing depends on further acceptances and whether Glenstone is likely to secure squeeze-out rights.
Alternative Income REIT PLC (AIRE) · 2026-10-06
Glenstone holds or has valid acceptances for 81.26% of AIRE following its unconditional final cash offer of 71.4p per share, but planned Main Market delisting could reduce minority-share liquidity. Shareholders who held shares on the dividend record date and continue to hold and accept the Offer for those shares can retain the 1.4p quarterly dividend and receive 70.0p in cash per share; compulsory acquisition requires 90% of the shares to which the Offer relates.
ALTERNATIVE INCOME REIT PLC (AIRE) · 2026-09-29
Glenstone’s unconditional offer for AIRE has reached aggregate holdings or valid acceptances of 79.33% of AIRE’s shares, supporting its planned Main Market delisting. The offer remains open, but the 90% threshold for compulsory acquisition has not yet been reached.
ALTERNATIVE INCOME REIT PLC (AIRE) · 2026-09-24
Glenstone held or had received valid acceptances for 78.96% of AIRE’s shares as at 23 September, clearing the 75% level for its intended delisting. The offer remains open, while compulsory acquisition requires 90% acceptance or acquisition of the shares to which the offer relates.
Alternative Income REIT plc (AIRE) · 2026-09-15
Glenstone's 70 pence in cash per AIRE Share offer for Alternative Income REIT is unconditional, with holdings and valid acceptances representing approximately 61.05% of shares. Further acceptances could trigger a London listing cancellation at 75% or compulsory acquisition at 90%.
Alternative Income REIT PLC (AIRE) · 2026-09-15
Simon Bennett has resigned as Chair and a Non-Executive Director with immediate effect. Stephanie Eastment will serve as Independent Non-Executive Chair on a short-term interim basis, while Adam Smith has been re-appointed as a Non-Executive Director.
Alternative Income REIT PLC (AIRE) · 2026-09-09
Alternative Income REIT's takeover offer from Glenstone has been declared unconditional, after 50.42% of shares became countable toward acceptance; it remains open until further notice.
Alternative Income REIT PLC (AIRE) · 2026-09-08
Alternative Income REIT said Glenstone may count 49.89% of its shares towards the acceptance condition for its 71.4 pence-per-share cash offer as at 7 September 2026. The offer remains open until 1.00 p.m. on 11 September 2026.
Alternative Income REIT PLC (AIRE) · 2026-09-07
Alternative Income REIT said Glenstone's cash takeover offer remains open until 1.00 p.m. on 11 September 2026, with 49.89% of AIRE shares countable toward its acceptance condition.
Alternative Income REIT plc (AIRE) · 2026-09-04
Alternative Income REIT said Glenstone could count 36,948,031 shares, or 45.89%, toward its cash offer's over-50%-voting-rights acceptance condition ahead of the 4 September deadline.
Alternative Income REIT plc (AIRE) · 2026-09-03
Alternative Income REIT said Glenstone could count 44.40 per cent of shares towards its 70 pence cash offer, short of the over-50-per-cent acceptance condition.
Alternative Income REIT plc (AIRE) · 2026-09-02
Alternative Income REIT said Glenstone's 70 pence cash offer had 10.19% valid acceptances by 1 September 2026, with 37.83% countable towards its over-50% acceptance condition.
Alternative Income REIT plc (AIRE) · 2026-08-12
Alternative Income REIT said Glenstone received 17,849 independent acceptances after 35 days, below 0.025 per cent, as its board maintained the offer fundamentally undervalues it.
Alternative Income REIT (AIRE) · 2026-07-29
Alternative Income REIT said Glenstone received 2,000 acceptances after 21 days, under 0.0025% of shares, as the board unanimously urged rejection.
Alternative Income Reit (AIRE) · 2026-07-28
Alternative Income Reit is subject to Glenstone's final 71.4p cash offer. Glenstone amended its facilities to fund further market purchases of AIRE shares, which can count towards the offer's Acceptance Condition.
Alternative Income REIT plc (AIRE) · 2026-07-08
Alternative Income REIT says Glenstone has published an offer document for an increased cash offer of 71.4p per AIRE share. The board is reviewing it and will publish a response document shortly.
Alternative Income REIT PLC (AIRE) · 2026-07-06
Alternative Income REIT says shareholders accepting the increased final offer will receive 71.4p in cash per AIRE share. The price is a 7.37% uplift from the prior 66.5p offer and premiums of 2.44% and 3.48% to the 14 May 2026 and 11 June 2026 closing prices.
Alternative Income REIT PLC (AIRE) · 2026-06-25
Glenstone's cash offer for AIRE is unchanged, but Hawksmoor has reduced its support after selling 68,200 shares and withdrawing acceptance rights over another 382,164. Backing now covers 6,423,000 shares, or 7.97% of AIRE.
Alternative Income REIT plc (AIRE) · 2026-06-16
Alternative Income REIT said Glenstone has made a firm 70p cash offer for AIRE. The board is not recommending it because the bid is below the latest published NAV of 84.4p per share.
Alternative Income REIT PLC (AIRE) · 2026-06-12
Alternative Income REIT received a firm 70p per share all-cash offer from Glenstone REIT, valuing the company at £56.35m. The offer represents a 1.45% premium to the latest closing price and requires a 50% acceptance threshold.