PADLOCK PARTNERS UK FUND IV ANNOUNCES DISTRIBUTIONS FOR 3rd QUARTER OF CALENDAR YEAR 2024

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TORONTO, Oct. 23, 2024 /CNW/ - Padlock Partners UK Fund IV (the "Trust") announced today that its Board of Trustees has approved a cash distribution for the third quarter of the calendar year of 2024. The distribution was paid on October 15, 2024, to unitholders of record as of the close of business on September 30, 2024. The distribution amounts will be as follows:

• C$0.14952 per Class A Unit
• C$0.15428 per Class F Unit
• GBP£0.14299 per Class U Unit

About Padlock Partners UK Fund IV

The Trust is an unincorporated investment trust and was established for the primary purpose of investing in a diversified portfolio of income producing commercial real estate properties in the United Kingdom with a focus on self-storage properties. Currently, the Trust has two operating self-storage properties in Newbury and Sidcup. In addition, the Trust owns three development properties in Edmonton, Haverhill and Chippenham.

SOURCE Padlock Partners UK Fund IV

For further information, contact: John Stevenson, Chief Executive Officer, Padlock Partners UK Fund IV, [email protected]; Matthew Collins, Chief Financial Officer, Padlock Partners UK Fund IV, [email protected]