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Form 8-K Global Net Lease, Inc. For: Mar 26

March 26, 2018 6:35 AM EDT

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported):  March 26, 2018

 

Global Net Lease, Inc.

(Exact Name of Registrant as Specified in Charter)

 

Maryland   001-37390   45-2771978

(State or other jurisdiction

of incorporation)

  (Commission File Number)  

(I.R.S. Employer

Identification No.)

 

405 Park Avenue, 4th Floor
New York, New York 10022

(Address, including zip code, of Principal Executive Offices)

 

Registrant’s telephone number, including area code: (212) 415-6500

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

  

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ¨

 

 

 

 

 

   

Item 7.01.   Regulation FD Disclosure.

 

On March 26, 2018, Global Net Lease, Inc. (the “Company”) issued a press release announcing the declaration of a dividend of $0.1775 per share payable on April 16, 2018 (because April 15, 2018 is not a business day), May 15, 2018 and June 15, 2018 to holders of record of shares of the Company’s common stock at the close of business on April 6, 2018, May 8, 2018 and June 8, 2018, respectively. The press release also announced the declaration of a dividend of $0.453125 per share payable on April 16, 2018 to holders of record of shares of the Company’s 7.25% Series A Cumulative Redeemable Preferred Stock at the close of business on April 5, 2018.

 

A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K. Such press release shall not be deemed “filed” for any purpose, including for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section. The information in Item 7.01, including Exhibit 99.1, shall not be deemed incorporated by reference into any filing under the Exchange Act or the Securities Act of 1933, as amended, regardless of any general incorporation language in such filing.

 

Item 9.01.   Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.   Description
99.1   Press Release dated March 26, 2018.

   

 

 

   

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: March 26, 2018 By:   /s/ James L. Nelson   
    Name:   James L. Nelson  
    Title: Chief Executive Officer and President

 

 

 

 

 

Exhibit 99.1

 

 

  

FOR IMMEDIATE RELEASE

 

Global Net Lease, Inc.

Announces Common Stock Dividend for Second Quarter 2018 and Series A Preferred Stock Dividend

 

NEW YORK, March 26, 2018 – Global Net Lease, Inc. (“GNL”) (NYSE: GNL) announced today that it intends to continue paying monthly dividends on its shares of common stock (the “Common Stock”) at an annualized rate of $2.13 per share or $0.5325 per share on a quarterly basis. Dividends on the Common Stock will continue to be paid on a monthly basis to Common Stock holders of record at the close of business on the 8th day of each month, payable on the 15th day of such month (or, if not a business day, the next succeeding business day).

 

Accordingly, GNL declared a dividend of $0.1775 per share payable on each of April 16, 2018, May 15, 2018 and June 15, 2018 to Common Stock holders of record at the close of business on April 6, 2018, May 8, 2018 and June 8, 2018, respectively.

 

GNL also announced today that it intends to continue to pay quarterly dividends on its 7.25% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) at an annualized rate of $1.8125 per share or $0.453125 per share on a quarterly basis. Dividends on the Series A Preferred Stock are payable quarterly in arrears to Series A Preferred Stock holders of record at the close of business on the applicable record date and payable on the 15th day of the first month of each fiscal quarter (or, if not a business day, the next succeeding business day).

 

Accordingly, GNL declared a dividend of $0.453125 per share of Series A Preferred Stock payable on April 16, 2018 to Series A Preferred Stock holders of record at the close of business on April 5, 2018.

 

About Global Net Lease, Inc.

 

Global Net Lease, Inc. (NYSE: GNL) is a publicly traded real estate investment trust listed on the NYSE focused on acquiring a diversified global portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant, mission critical income producing net-leased assets across the United States, Western and Northern Europe. Additional information about GNL can be found on its website at www.globalnetlease.com.

 

Important Notice

 

The statements in this press release that are not historical facts may be forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause the outcome to be materially different. In addition, words such as “may,” “will,” “seeks,” “anticipates,” “believes,” “estimates,” “expects,” “plans,” “intends,” “should” or similar expressions indicate a forward-looking statement, although not all forward-looking statements include these words. Actual results may differ materially from those contemplated by such forward-looking statements, including those set forth in the Risk Factors section of GNL’s most recent Annual Report on Form 10-K. Further, forward-looking statements speak only as of the date they are made, and GNL undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law.

 

Contacts:

Investors and Media:

Email: [email protected]

Phone: (917) 475-2153

 

 

 



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