Annington Funding PLC Update on Judicial Review Proceedings (0728L)

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RNS Number : 0728L

Annington Funding PLC

11 May 2022

Annington Funding plc

(incorporated with limited liability in England and Wales)

11 May 2022

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 as it forms part of domestic law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018 (EUWA) (UK MAR).

High Court grants Annington permission to proceed with Judicial Review case against Ministry of Defence

Annington confirms that the High Court of Justice (Administrative Court) has granted it permission to proceed with a Judicial Review application against the Ministry of Defence ('MoD') which Annington filed on 11 March 2022. The Judicial Review seeks to challenge on various grounds the legality of the MoD's attempt to enfranchise certain properties which form part of the Married Quarters Estate (the "MQE") leased to the MoD by the Annington group. Among other things, Annington seeks declarations that the MoD is acting outside its statutory powers and that purported notices issued by the MoD seeking to enfranchise certain properties be quashed as unlawful.

The High Court has granted permission for the Judicial Review to proceed on all grounds and has also denied an application by the MoD to restrict access to court filings by non-parties to the proceedings.

Annington's application will now proceed to a full substantive hearing to be scheduled at a later date. For further details please contact Annington Funding plc:

Stephen Leung

Chief Financial Officer

Media Enquiries - Annington Limited:

[e-mail]

[e-mail]

Annington Funding plc

1 James Street

London

W1U 1DR

This notice is released by Annington Funding PLC and contains information that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (UK MAR). For the purposes of UK MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018, this announcement is made by Stephen Leung, Chief Financial Officer of Annington Limited.

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May 11, 2022 02:05 ET (06:05 GMT)