Brack Capital Real Estate Inv N.V Update regarding the de-listing (7949M)
January 10 2019 - 11:30AM
UK Regulatory
TIDMBCRE
RNS Number : 7949M
Brack Capital Real Estate Inv N.V
10 January 2019
This announcement contains inside information within the meaning
of the Market Abuse Regulation (EU) (No 596/2014).
10 January 2019
BCRE - Brack Capital Real Estate Investments N.V.
("BCRE" or the "Company")
Update regarding the de-listing
Further to the Company's announcement on Monday 24 September
2018, the Company announces that it expects to terminate its
listing on the Main Market of the London Stock Exchange plc. around
the end of March 2019.
The Company is still reviewing its plans for providing liquidity
for its shareholders. The Company is considering the admission of
the shares in the capital of the Company (the "Shares") to a
non-regulated market within the European Union in order to provide
the Company's shareholders with the opportunity to continue trading
in the Shares at a lower cost for the Company. The Company will
update shareholders following completion of the review.
ENQUIRIES:
BCRE - Brack Capital Real Estate Investments
N.V.
Nansia Koutsou, Co-Chief Executive Officer
Shai Shamir, Co-Chief Executive Officer
Yiannis Peslikas, Chief Financial Officer +31 20 514 1004
Novella Communications
Tim Robertson
Toby Andrews +44 203 151 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 and
international portfolio of real estate assets in the markets it
operates.
The Company has established local management team platforms with
significant local market expertise. At present, the Company has
offices and teams in New York, Moscow, Amsterdam and Limassol.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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