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BCRE Bcre-Brack Cap.

0.375
0.00 (0.00%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bcre-Brack Cap. LSE:BCRE London Ordinary Share NL0010763611 ORD EUR0.01 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.375 0.25 0.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

BCRE Explores a Possible De-Listing

20/10/2017 3:00pm

PR Newswire (US)


Bcre-Brack Cap. (LSE:BCRE)
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LONDON, October 20, 2017 /PRNewswire/ --

BCRE - Brack Capital Real Estate Investments N.V. 
("BCRE" or the "Company")
BCRE explores a possible De-Listing

The Company hereby announces that its board (the "Board"), together with its advisers, is in the process of exploring a possible cancellation of the standard listing of the Company's ordinary shares of €0.01 each (the "Shares") from the Official List of the United Kingdom Listing Authority and the cancellation of trading in the Shares on the Main Market of the London Stock Exchange (together, the "De-Listing"). There is no certainty that a resolution on a De-Listing will be pursued by the Board.

The process is, amongst others, driven by the limited trading volume in the Shares. In its assessment, the Board will take into consideration the interests of the Company and all its stakeholders.

Further announcements will be made if and when required.

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 subsidiaries and associated undertakings, the Company is interested in, develops and operates an 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, London, Moscow, Kazan, New Delhi, Amsterdam and Limassol.

ENQUIRIES:


BCRE - Brack Capital Real Estate Investments N.V.
Ariel Podrojski, Chief Executive Officer
Nansia Koutsou, Chief Financial Officer / Chief Operating Officer, +31 20 514 1004

Novella Communications
Tim Robertson
Toby Andrews, +44 203 151 7008

This is a disclosure announcement from PR Newswire.

Copyright 2017 PR Newswire

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