Global Net Lease (NYSE: GNL) has reiterated that its recent Form 8-K filing, connected to an ATM Equity Offering Sales Agreement, is part of a customary effort to extend the company’s expiring shelf registration. Executives emphasize that this is a routine corporate measure rather than a new initiative.

PNC Financial Services Group has expanded its position in Global Net Lease by 16 percent, according to the bank’s latest Form 13F filed with the Securities and Exchange Commission. The first-quarter move brings PNC’s holdings in the NYSE-listed firm to 28,677 shares.