On a corporate action affecting ordinary shares of W.P. Carey Inc. (WPC)
On October 06, 2023, W.P. Carey Inc. provided details about its separation of Net Lease Office Properties by way of a Spin-off that will become effective after the market close on November 01, 2023. Holders of W.P. Carey Inc. common stock will be entitled to receive one share of Net Lease Office Properties common stock for every 15 shares of W.P. Carey Inc. common stock. For more details, please, refer to the company’s website.
ITS Ltd. will publish separate notices on the procedures undertaken by ITS Ltd. to process this corporate action outlining how trading in these qualified investments will be carried out.