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BCRE Bcre-Brack Cap.

0.375
0.00 (0.00%)
03 May 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

Brack Capital Real Estate Inv N.V Update on the request to convene a general meeting (3544A)

23/03/2017 2:00pm

UK Regulatory


Bcre-Brack Cap. (LSE:BCRE)
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TIDMBCRE

RNS Number : 3544A

Brack Capital Real Estate Inv N.V

23 March 2017

This announcement contains inside information within the meaning of the Market Abuse Regulation (EU) (NO 596/2014).

23 March 2017

BCRE - Brack Capital Real Estate Investments N.V.

("BCRE" or the "Company")

Update on the request to convene a general meeting of an associate undertaking

Further to the announcements on 3 March 2017 and 15 March 2017, the Company hereby announces that it has withdrawn, for the time being, its request to the Board of Directors of the Company's associate undertaking Brack Capital Properties N.V. ("BCP"), whose shares are traded on the Tel Aviv Stock Exchange ("TASE"), to convene an extraordinary general meeting ("EGM") which agenda would have included certain changes in the composition of BCP's Board of Directors.

The Company has decided to withdraw its request in order to prevent any further damage to BCP and its shareholders as a result of BCP's unsubstantiated statements in the public domain that followed BCP's refusal to convene the EGM.

ENQUIRIES:

 
   BCRE - Brack Capital Real Estate 
    Investments N.V. 
   Ariel Podrojski, Chief Executive 
    Officer 
   Nansia Koutsou, Chief Financial          +31 20 514 
    Officer / 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 and 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, Dusseldorf, Moscow, Kazan, New Delhi, Amsterdam and Limassol.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCPGUBUWUPMGWW

(END) Dow Jones Newswires

March 23, 2017 10:00 ET (14:00 GMT)

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