Sila Realty Trust, Inc. (NYSE: SILA) (“Sila”, the “Company”,
“we” or “us”), a net lease real estate investment trust (“REIT”)
with a strategic investment focus on the significant, growing, and
resilient healthcare sector, today announced the final results of
its modified “Dutch Auction” tender offer (the “Offer”) to purchase
for cash up to $50 million in value of shares of the Company’s
common stock, which expired at 5:00 p.m., New York City time, on
July 19, 2024.
Based on the final count by Computershare Trust Company, N.A.,
the depositary and paying agent for the Offer (the “Depositary”),
4,670,381 shares of common stock were validly tendered at the final
purchase price of $22.60 per share and not properly withdrawn.
In accordance with the terms and conditions of the Offer, and
based on the final count by the Depositary, the Company has
accepted for purchase 2,212,389 shares of common stock at a
purchase price of $22.60 per share, for an aggregate cost of
approximately $50 million, excluding fees and expenses relating to
the Offer.
The number of shares of common stock that the Company has
accepted to purchase in the Offer represents approximately 3.9% of
the total number of shares of common stock outstanding as of July
19, 2024. Following payment for the shares of common stock
purchased in the Offer, the Company had approximately 55.0 million
shares of common stock outstanding.
Due to the oversubscription of the Offer, based on the final
count described above, the Company accepted for purchase on a pro
rata basis approximately 42% of the shares of common stock properly
tendered and not properly withdrawn at the purchase price of $22.60
per share (other than “odd lot” holders, whose shares of common
stock were purchased in full on a priority basis).
Payment to the Depositary for the shares of common stock
accepted for purchase under the Offer occurred on July 23, 2024.
Shares of common stock tendered and not accepted for purchase will
be returned promptly to shareholders. The Depositary will issue
payment for the shares of common stock validly tendered and
accepted for purchase in accordance with the terms and conditions
of the Offer.
Wells Fargo Securities, LLC acted as advisor to management and
the board of directors of the Company for the Company’s listing on
the New York Stock Exchange on June 13, 2024. Georgeson LLC acted
as information agent for the Offer with Wells Fargo Securities, LLC
acting as dealer manager for the Offer.
Shareholders who have questions or would like additional
information about the Offer may contact the information agent for
the Offer, Georgeson LLC at (866) 643-7359, or the dealer manager
for the Offer, Wells Fargo Securities, LLC at (800) 645-3751.
Important Notice
This press release is for informational purposes only and is not
an offer to buy or the solicitation of an offer to sell any
securities of the Company.
About Sila Realty Trust, Inc.
Sila Realty Trust, Inc. is a net lease real estate investment
trust headquartered in Tampa, Florida, with a strategic focus on
investing in the significant, growing, and resilient healthcare
sector of the U.S. economy. The Company invests in high quality
healthcare facilities along the continuum of care, which, we
believe, generate predictable, durable, and growing income streams.
Our portfolio comprises high-quality tenants in geographically
diverse facilities, which are positioned to capitalize on the
dynamic delivery of healthcare to patients. As of March 31, 2024,
the Company owned 136 real estate properties and two undeveloped
land parcels located in 64 markets across the U.S. For more
information, please visit the Company’s website at
www.silarealtytrust.com.
Forward-Looking Statements
Certain statements contained herein, other than historical fact,
may be considered “forward-looking statements.” These statements
are based on management’s current expectations and beliefs and are
subject to a number of trends and uncertainties. No forward-looking
statement is intended to, nor shall it, serve as a guarantee of
future performance. You can identify the forward-looking statements
by the use of words such as “anticipate,” “believe,” “continue,”
“could,” “estimate,” “expect,” “intend,” “may,” “outlook,” “plan,”
“potential,” “predict,” “project,” “seek,” “should,” “will” and
other similar terms and phrases. Forward-looking statements are
subject to various risks and uncertainties and factors that could
cause actual results to differ materially from the Company's
expectations, and you should not rely on forward-looking statements
since they involve known and unknown risks, uncertainties and other
factors, which are, in some cases, beyond the Company's control and
could materially affect the Company's results of operations,
financial condition, cash flows, performance or future achievements
or events. Additional factors include those described under the
section entitled Item 1A. "Risk Factors" of Part I of the Company's
2023 Annual Report on Form 10-K with the SEC, copies of which are
available at www.sec.gov. The Company undertakes no obligation to
publicly update or revise any forward-looking statement, whether as
a result of new information, future events, or otherwise, except as
required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20240724750432/en/
Investor Contact: Miles Callahan, Senior Vice President
of Capital Markets and Investor Relations 833-404-4107
IR@silarealtytrust.com
Sila Realty (NYSE:SILA)
過去 株価チャート
から 6 2024 まで 7 2024
Sila Realty (NYSE:SILA)
過去 株価チャート
から 7 2023 まで 7 2024
