NEW YORK, Sept. 26, 2016 /PRNewswire/ -- American Realty Capital Global Trust II, Inc. (the
"Company") today announced the expiration of the 45-day "go shop" period set forth in the previously announced merger agreement
entered into on August 8, 2016, by and among the Company, American Realty Capital Global II
Operating Partnership, L.P., Global Net Lease, Inc. ("GNL"), Global Net Lease Operating Partnership, L.P., and a wholly-owned
subsidiary of GNL (the "Merger Agreement").
During the "go shop" period, the Company was permitted, on the terms and subject to the conditions of the Merger Agreement, to
initiate, solicit and encourage inquiries from and engage in discussions and negotiations with third parties relating to
alternative acquisition proposals. The "go shop" period expired at 11:59 p.m. (New York City time) on September 22, 2016. None of the third parties contacted
by BMO Capital Markets, as financial advisor to the Company's special committee comprised of independent directors, provided the
Company with an alternative acquisition proposal (as defined in the Merger Agreement).
The Company has filed with the Securities and Exchange Commission (the "SEC") preliminary proxy materials related to the
special meeting of the Company's common stockholders to vote on a proposal to approve the merger and the other transactions
contemplated by the Merger Agreement.
The parties to the Merger Agreement currently expect to complete the merger during the fourth quarter of 2016, subject to
satisfaction of the closing conditions, including receipt of the Company's common stockholders' approval.
About American Realty Capital Global Trust II, Inc.
The Company is a publicly registered non-traded real estate investment trust focused on acquiring a diversified portfolio of
commercial properties, with an emphasis on sale-leaseback transactions involving single tenant net leased commercial properties
across the United States and Europe. Additional information
about the Company can be found on its website at www.arcglobaltrust2.com.
Additional Information About the Proposed Transaction and Where to Find It
This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a
solicitation of any vote or approval. In connection with the proposed transaction, GNL and the Company filed a joint
preliminary proxy statement/prospectus with the SEC on September 16, 2016. Both GNL'S and the
Company's stockholders are urged to read the proxy statement (including all amendments and supplements thereto) and other
relevant documents filed with the SEC if and when they become available because they will contain important information about the
proposed transaction.
Investors may obtain free copies of the joint proxy statement/prospectus and other relevant documents filed by GNL and the
Company with the SEC (if and when they become available) through the website maintained by the SEC at www.sec.gov.
Copies of the documents filed by GNL with the SEC are also available free of charge on GNL's website at www.globalnetlease.com and copies of the documents
filed by the Company with the SEC are available free of charge on the Company's website at www.arcglobal2.com.
GNL and the Company and their respective directors and executive officers may be deemed to be participants in the solicitation
of proxies from both companies' stockholders in respect of the proposed transaction. Information regarding GNL's directors
and executive officers can be found in GNL's definitive proxy statement filed with the SEC on April 29,
2016. Information regarding the Company's directors and executive officers can be found in the Company's definitive proxy
statement filed with the SEC on April 29, 2016. Additional information regarding the interests of
such potential participants will be included in the joint proxy statement and other relevant documents filed with the SEC in
connection with the proposed transaction if and when they become available. These documents are available free of charge on the
SEC's website and from GNL and the Company, as applicable, using the sources indicated above.
Forward-Looking Statements
Certain statements made in this letter are "forward-looking statements" (as defined in Section 21E of the Exchange Act), which
reflect the expectations of GNL and the Company regarding future events. The forward-looking statements involve a number of
risks, uncertainties and other factors that could cause actual results to differ materially from those contained in the
forward-looking statements. Such forward-looking statements include, but are not limited to, whether and when the transactions
contemplated by the Merger Agreement between GNL and the Company, among others, will be consummated, the new combined company's
plans, market and other expectations, objectives, intentions, as well as any expectations or projections with respect to the
combined company, including regarding future dividends and market valuations, and other statements that are not historical
facts.
The following additional factors, among others, could cause actual results to differ from those set forth in the
forward-looking statements: the ability to obtain regulatory approvals for the transaction and the approval by the Company's and
GNL's stockholders of the transactions contemplated in the Merger Agreement; market volatility; unexpected costs or unexpected
liabilities that may arise from the transaction, whether or not consummated; the inability to retain key personnel; continuation
or deterioration of current market conditions; future regulatory or legislative actions that could adversely affect the
companies; and the business plans of the tenants of the respective parties. Additional factors that may affect future results are
contained in the Company's and GNL's filings with the SEC, which are available at the SEC's website at www.sec.gov. The Company and GNL disclaim any obligation to update and
revise statements contained in these materials based on new information or otherwise.
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SOURCE American Realty Capital Global Trust II, Inc.