SWEF: FCA guidance to delay publication of Annual Results (1006035)

 
 Starwood European Real Estate Finance Ltd (SWEF) 
SWEF: FCA guidance to delay publication of Annual Results 
 
25-March-2020 / 07:00 GMT/BST 
Dissemination of a Regulatory Announcement that contains inside information 
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
                                                               25 March 2020 
 
               Starwood European Real Estate Finance Limited 
 
            FCA guidance to delay publication of Annual Results 
 
  Starwood European Real Estate Finance Limited (the "Company" and, together 
 with its subsidiaries, the "Group") hereby announces that, following recent 
    guidance issued by the Financial Conduct Authority ("FCA") and Financial 
    Reporting Council ("FRC"), the Company will delay publishing its audited 
   2019 Annual Report and Accounts, which were planned to be released today. 
 
 On 21 March 2020, the FCA issued an announcement in which it requested that 
          all UK listed companies observe a moratorium on the publication of 
     preliminary financial statements for a period of at least two weeks, in 
   light of the considerable disruption being caused by the humanitarian and 
   economic impact of Covid-19. On 23 March 2020, the FRC issued a statement 
encouraging listed companies to consider carefully whether they should delay 
   other corporate reports for the next two weeks, such as interim financial 
statements and final audited financial statements, except where necessary to 
                                     meet a legal or regulatory requirement. 
 
  In line with the above guidance, the Company will delay the publication of 
   the 2019 Annual Report and Accounts for approximately 2 weeks, subject to 
              further guidance from the FCA or other regulatory authorities. 
 
                                    For further information, please contact: 
 
Apex Fund and Corporate Services (Guernsey) Limited as Company Secretary - 
01481 735878 
 
                                                                Vania Santos 
 
                                            Starwood Capital - 020 7016 3655 
 
                                                           Duncan MacPherson 
 
                              Stifel Nicolaus Europe Limited - 020 7710 7600 
 
                                                             Mark Bloomfield 
 
                                                                  Mark Young 
 
                                                                Nick Donovan 
 
                                                            Maarten Freeriks 
 
                                                                      Notes: 
 
      Starwood European Real Estate Finance Limited is an investment company 
   listed on the main market of the London Stock Exchange with an investment 
  objective to provide Shareholders with regular dividends and an attractive 
         total return while limiting downside risk, through the origination, 
     execution, acquisition and servicing of a diversified portfolio of real 
   estate debt investments in the UK and the wider European Union's internal 
                                market. www.starwoodeuropeanfinance.com [1]. 
 
    The Group is the largest London-listed vehicle to provide investors with 
                                  pure play exposure to real estate lending. 
 
The Group's assets are managed by Starwood European Finance Partners 
Limited, an indirect wholly-owned subsidiary of the Starwood Capital Group. 
 
ISIN:          GG00B79WC100 
Category Code: MSCM 
TIDM:          SWEF 
LEI Code:      5493004YMVUQ9Z7JGZ50 
Sequence No.:  54403 
EQS News ID:   1006035 
 
End of Announcement EQS News Service 
 
 
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=820ab51c5dd44debecb8781312a1325e&application_id=1006035&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

March 25, 2020 03:00 ET (07:00 GMT)