Brack Capital Real Estate Inv N.V Transactions under share buyback programme (5929P)

TIDMBCRE

RNS Number : 5929P

Brack Capital Real Estate Inv N.V

18 November 2016

BCRE - Brack Capital Real Estate Investments N.V.

("BCRE" or the "Company")

Transactions under share buyback programme

Following the share buyback programme as announced on 3 June 2016 and extended on 14 September 2016 (http://www.brack-capital.com), the Company announces that it has repurchased yesterday 50,000 of its own shares at a price of EUR1.24 per share.

The total number of shares repurchased under the share buyback programme is shown in the table below.

 
       Date          Number of shares   Total consideration 
------------------  -----------------  -------------------- 
 17 November 2016         50,000           EUR62,000.00 
------------------  -----------------  -------------------- 
  26 October 2016        175,000           EUR175,000.00 
------------------  -----------------  -------------------- 
    7 July 2016           11,000           EUR12,100.00 
------------------  -----------------  -------------------- 
    6 July 2016           26,750           EUR29,425.00 
------------------  -----------------  -------------------- 
   15 June 2016           45,000           EUR45,000.00 
------------------  -----------------  -------------------- 
    7 June 2016         1,275,665         EUR1,122,585.20 
------------------  -----------------  -------------------- 
 
       Total            1,583,415         EUR1,446,110.20 
------------------  -----------------  --------------------

ENQUIRIES:

 
   BCRE - Brack Capital Real Estate 
    Investments N.V. 
   Ariel Podrojski, Chief Executive 
    Officer 
   Nansia Koutsou, Chief Financial Officer       +31 20 514 
    / Chief Operating Officer                          1004 
 
   Novella Communications 
   Tim Robertson 
                                                +44 203 151 
   Toby Andrews                                        7008

About BCRE

BCRE is an international real estate development and investment group, headquartered in the Netherlands and listed on the London Stock Exchange. Through its subsidiary and associated undertakings, the Company is interested in, develops and operates an international portfolio of real estate assets, predominantly located in the USA, Germany and Russia.

The Company has established local management team platforms with significant local market expertise in the US, Germany, Russia, India and the UK with exclusive access to over 550 staff. At present, the Company has offices and teams in New York, London, Frankfurt, Düsseldorf, Moscow, Kazan, New Delhi, Amsterdam and Limassol.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 18, 2016 07:30 ET (12:30 GMT)

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