Proposed Merger of Phillips Edison & Company, Inc, and Phillips Edison Grocery Center REIT II, Inc. (Updated Information)

  • Phillips Edison & Company Press Release - click here to access
  • Letter to PECO shareholders regarding PECO and REIT II's proposed merger - click here to access 
  • Phillips Edison & Company Presentation - click here to access
  • Phillips Edison & Company FAQ's - click here to access
  • Phillips Edison & Company Webcast  - click here to access 

PHILLIPS EDISON & COMPANY, INC. (formerly known as Phillips Edison Grocery Center
REIT i, inc.)

Investor Information:
  • Estimated Value Per Share: $11.051
  • Annualized Distribution Rate: $0.67 as of May 20182 (6.7% on the original offering price)
  • Monthly distributions are paid on the first business day of the month
  • Upcoming record dates: August 15, 2018, September 17, 2018, October 15, 2018, and November 15, 2018
1.  Established by the Phillips Edison and Company, Inc. Board of Directors on May 9, 2018
 2. Distributions are not guaranteed and are authorized at the discretion of the Board of Directors
Repurchase Information:
  • Next death, disability, and incompetence (DDI) share repurchase date: August 2018.   
    • Expected deadline: August 24, 2018 5:00p.m. Central time
  • Next estimated standard share repurchase date: January 2019, assuming the proposed merger between PECO and REIT II closes during the fourth quarter of 2018, as expected. 
    • Expected deadline: January 24, 2019 @ 5:00pm Central time
  • Repurchases are made at the most recent estimated value per share and are expected to be made on a pro-rata basis 
  • To be eligible for the January repurchase, ALL investors must resubmit a new form after the transaction closes. 

Phillips Edison Grocery Center REIT II, Inc.

Investor Information:
  • Estimated Value Per Share: $22.801
  • Annualized Distribution Rate: $1.625 as of March 2018(6.5% on the original offering price)
  • Monthly distributions are paid on the first business day of the month
  • Upcoming record date: August 15, 2018, September 17, 2018, October 15, 2018, and November 15, 2018
1.  Established by the Phillips Edison and Company, Inc. Board of Directors on May 9, 2018
 2. Distributions are not guaranteed and are authorized at the discretion of the Board of Directors
 Repurchase Information:
  • Next standard and death, disability, and incompetence (DDI) share repurchase date: August 2018.
  • Next standard share repurchase date: August 2018.
    • Expected deadline: August 24, 2018 5:00 p.m. Central time
    • Payment will go out first week of September 2018.
  • Repurchases are made at the most recent estimated value per share and are expected to be made on a pro-rata basis
All investors can access their account and enroll in online statements here