Living REIT revises acquisition terms and issues additional consideration shares

Living REIT plc (LSE:LIVE) has finalised the post-completion adjustment relating to its recently acquired senior living portfolio, confirming that the acquired group’s actual net asset value was £162,393 below the original estimate. As a result, the deferred consideration payable has been reduced to £837,607 and will be satisfied through the issue of 889,896 new ordinary shares. The shares are scheduled to be admitted to trading on the London Stock Exchange’s Main Market on 7 August 2026.

Following the admission of the new consideration shares, Living REIT’s total number of voting rights will increase to 460,459,619, establishing the revised figure that shareholders must use when calculating disclosure obligations under the Financial Conduct Authority’s transparency rules. While the adjustment modestly alters the financial terms of the acquisition, it remains consistent with the company’s strategy of expanding its senior living portfolio through equity-funded transactions. The newly issued shares will rank equally with existing ordinary shares and will qualify for future dividend distributions, making them relevant for investors focused on income generation.

The company’s investment outlook continues to be supported by improving cash flow performance, although fluctuations in earnings and shareholders’ equity introduce an element of financial uncertainty. Technical indicators currently point to mildly negative short-term momentum, while valuation remains demanding due to a high price-to-earnings ratio. This is partly balanced by the company’s attractive dividend yield.

About Living REIT plc

Living REIT plc is a UK-listed real estate investment trust specialising in residential property sectors that benefit from long-term structural demand. Its portfolio includes supported housing, senior living accommodation and care homes, with a focus on generating stable, inflation-linked rental income while delivering positive social outcomes.

The company invests in assets regarded as essential social infrastructure, aiming to provide sustainable long-term returns for shareholders while supporting residents and local communities through high-quality accommodation.