On a corporate action affecting ordinary shares of Medalist Diversified REIT, Inc. (MDRR)

On September 12, 2024, stockholders of Medalist Diversified REIT, Inc. approved a reverse stock split by a ratio of any whole number in the range of 1-for-10 to 1-for-100 to be effected within one year. 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.