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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 |
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Further to the announcements on 3 March 2017 and 15 March 2017, the Company hereby announces that it has withdrawn, for the time being, its request to the Board of Directors of the Company's associate undertaking Brack Capital Properties N.V. ("BCP"), whose shares are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
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March 23, 2017 10:00 ET (14:00 GMT)
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