Global Net Lease, Inc. — fact timeline

Global Net Lease, Inc. entered into Agreement and Plan of Merger with The Necessity Retail REIT, Inc., The Necessity Retail REIT Operating Partnership, L.P., Osmosis Sub I, LLC, Osmosis Sub II, LLC (effective 2023-05-23).

“On May 23, 2023, Global Net Lease, Inc., a Maryland corporation (“GNL” or the “Company”), Global Net Lease Operating Partnership, L.P., a Delaware limited partnership (“GNL OP”), The Necessity Retail REIT, Inc., a Maryland corporation (“RTL”), The Necessity Retail REIT Operating Partnership, L.P., a Delaware limited partnership (“RTL OP”), Osmosis Sub I, LLC, a Maryland limited liability company and wholly-owned subsidiary of GNL (“REIT Merger Sub”), and Osmosis Sub II, LLC, a Delaware limited liability company and wholly-owned subsidiary of GNL OP (“OP Merger Sub”), entered into an Agreement and Plan of Merger (the “Merger Agreement”).”

Global Net Lease, Inc. reported the quarter ended March 31, 2023 results: revenue $94.3 million, net income Net loss attributable to common stockholders was $6.0 million, or $0.06 per diluted share, EPS $0.06 per diluted share.

“Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”), a real estate investment trust that focuses on acquiring and managing a globally diversified portfolio of strategically-located commercial real estate properties, announced today its financial and operating results for the quarter ended March 31, 2023. First Quarter 2023 and Subsequent Events Highlights • Revenue was $94.3 million compared to $97.1 million in first quarter 2022. On a Constant Currency basis 1 , revenue would have been $97.5 million. • Net loss attributable to common stockholders was $6.0 million, or $0.06 per diluted share compared, to net income attributable to common stockholders of $5.5 million, or $0.05 per diluted share in first quarter 2022.”

Global Net Lease, Inc. reported year ended December 31, 2022 results: revenue $378.9 million, net income Net loss was $8.4 million, or $0.09 per diluted share, EPS $(0.09) per diluted share.

“commercial real estate properties, announced today its financial and operating results for the quarter and year ended December 31, 2022. Full Year 2022 • Revenue was $378.9 million and, on a Constant Currency 1 basis, would have been $394.2 million, a 1% increase from $391.2 million in prior year. Prior year revenue included a lease termination fee of $8.8”

Global Net Lease, Inc. reported fourth quarter 2022 results: revenue $93.9 million, net income Net loss was $17.7 million, or $0.17 per diluted share, EPS $(0.17) per diluted share.

“term 7 • Subsequent to quarter end, acquired eight properties in the United Kingdom for $75.5 million at a weighted-average cap rate of 10.6%. Fourth Quarter 2022 • Revenue was $93.9 million. On a Constant Currency basis, revenue would have been $98.8 million, compared to $106.5 million in fourth quarter 2021. The prior year results included a lease termination fee”

Global Net Lease, Inc. amended Equity Distribution Agreement with BMO Capital Markets Corp., B. Riley Securities, Inc., KeyBanc Capital Markets Inc., Ladenburg Thalmann & Co. Inc. and Barclays Capital Inc. valued at aggregate maximum offering price ... is $170,000,000 (effective 2022-11-04).

“On November 4, 2022, Global Net Lease, Inc. (the “Company”) entered into an amendment (the “Amendment”) to the Equity Distribution Agreement dated December 13, 2019, as amended on August 6, 2021 (the “Equity Distribution Agreement”), among the Company and Global Net Lease Operating Partnership, L.P. (the “Operating Partnership”), on the one hand, and BMO Capital Markets Corp., B. Riley Securities, Inc., KeyBanc Capital Markets Inc., Ladenburg Thalmann & Co. Inc. and Barclays Capital Inc. (collectively, the “Agents”) in connection with the Company filing a new shelf registration statement on Form S-3, in order to amend the maximum aggregate sales price of the Company’s Series B Preferred Stock that may be offered and sold from time to time by the Company pursuant to the Equity Distribution Agreement, and other related matters.”

Global Net Lease, Inc. amended Equity Distribution Agreement with Capital One Securities, Inc., Mizuho Securities USA LLC, B. Riley Securities, Inc., KeyBanc Capital Markets Inc., BMO Capital Markets Corp., SMBC Nikko Securities America, Inc., JMP Securities LLC, Ladenburg Thalmann & Co. Inc., Barclays Capital Inc., Huntington Securities, Inc., SG Americas Securit valued at aggregate maximum offering price ... is $285,000,000 (effective 2022-11-04).

“On November 4, 2022, Global Net Lease, Inc. (the “Company”) entered into an amendment (the “Amendment”) to the Equity Distribution Agreement dated February 28, 2019, as amended on May 9, 2019, June 21, 2019, November 12, 2019, March 19, 2021, November 5, 2021, February 25, 2022, and August 5, 2022 (the “Equity Distribution Agreement”), among the Company and Global Net Lease Operating Partnership, L.P. (the “Operating Partnership”), on the one hand, and Capital One Securities, Inc., Mizuho Securities USA LLC, B. Riley Securities, Inc., KeyBanc Capital Markets Inc., BMO Capital Markets Corp., SMBC Nikko Securities America, Inc., JMP Securities LLC, Ladenburg Thalmann & Co. Inc., Barclays Capital Inc., Huntington Securities, Inc., SG Americas Securities, LLC, Credit Suisse Securities (USA) LLC, Comerica Securities, Inc. and Synovus Securities, Inc. (collectively, the “Agents”) in connection with the Company filing a new shelf registration statement on Form S-3, in order to amend the maxim”

Global Net Lease, Inc. reported the quarter ended September 30, 2022 results: revenue $92.6 million, net income $9.7 million, EPS $0.09 per share.

“properties, announced today its financial and operating results for the quarter ended September 30, 2022. Third Quarter 2022 and Subsequent Events Highlights • Revenue was $92.6 million compared to $95.8 million in third quarter 2021. On a Constant Currency basis 1 , revenue increased 2% to $97.5 million. • Net income attributable to common stockholders of $9.7”