SWEF: Notice of EGM

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 Starwood European Real Estate Finance Ltd (SWEF) 
SWEF: Notice of EGM 
 
17-Apr-2018 / 14:08 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. 
 
17 April 2018 
 
       Starwood European Real Estate Finance Limited (the "Company") 
 
      Publication of circular and posting of EGM Notice and Proxy Form 
 
  Starwood European Real Estate Finance Limited announces it has published a 
           circular in connection with an Extraordinary General Meeting (the 
"Circular") which will be held on 15 May 2018 at 9:45 a.m. (or, if later, as 
   soon as reasonably practicable following the conclusion or adjournment of 
    the Annual General Meeting of the Company convened for the same date and 
      place) at the registered office of the Company at 1 Royal Plaza, Royal 
                                    Avenue, St Peter Port, Guernsey GY1 2HL. 
 
     The purpose of the Circular is to seek shareholder approval for certain 
    share allotment and dis-application authorities to enable the Company to 
  raise further funding through one or more tap issues (Tap Issue Authority) 
         and a proposed share issuance programme (Share Issuance Programme). 
 
     At the Annual General Meeting to be held on 15 May 2018, the Company is 
  seeking allotment and dis-application authorities to enable the Company to 
 carry out one or more issues of Shares, in aggregate, up to 10 per cent. of 
                                   the number of Shares in issue at the AGM. 
 
 Since the implementation of the Prospectus Regulation in the United Kingdom 
          in July 2017, issuers such as the Company can issue up to (but not 
  including) 20 per cent. of the securities already admitted to trading over 
   12 months by way of issues of shares without any requirement to publish a 
                                                                 prospectus. 
 
Accordingly, the Company intends to supplement the 10 per cent allotment and 
       dis-application authorities to be taken at the AGM with the Tap Issue 
     Authority, comprising a further allotment authority and dis-application 
     authority over an additional 10 per cent. of issued Share capital to be 
                                sought at the Extraordinary General Meeting. 
 
In addition to the Tap Issue Authority, the Company is also proposing a more 
 significant share issuance programme, which if implemented will require the 
    publication of a prospectus by the Company. The Share Issuance Programme 
          will, if approved and implemented, provide considerable additional 
           flexibility to permit the Company to take advantage of investment 
       opportunities available in the market from time to time, allowing the 
   Company to transact quickly with borrowers and strengthen its competitive 
                               position compared to other finance providers. 
 
  Accordingly, the Board has decided to seek Shareholder approval to provide 
 the future flexibility to issue up to 245 million Shares as Ordinary Shares 
        and/or also C Shares pursuant to the Share Issuance Programme and to 
   dis-apply pre-emption rights in connection with the issue of such shares. 
    The proceeds of the Share Issuance Programme, which, if implemented, are 
     expected to be raised in one or more tranches, would be applied to make 
     further investments in accordance with the Company's investment policy. 
 
       Any Shares issued under the Tap Issue Authority or the Share Issuance 
Programme on a non-pre-emptive basis will be issued at a premium to the then 
  prevailing Net Asset Value per Share which will be sufficient to cover the 
                                   costs and expenses of the relevant issue. 
 
In connection with this meeting, copies of the following documents have been 
  posted to shareholders and will provide additional details of the benefits 
                                                 and risks of the proposals: 
 
? A Circular including the Notice of the Extraordinary General Meeting; 
and 
 
? Proxy Form for the Extraordinary General Meeting. 
 
The Notice of the Extraordinary General Meeting is available to view on, and 
download from, the Company's website at http://starwoodeuropeanfinance.com 
[1]. The Notice of the Extraordinary General Meeting has also been submitted 
to the National Storage Mechanism and will shortly be available for 
inspection at www.morningstar.co.uk/uk/NSM [2] 
 
                                    For further information, please contact: 
 
                                                            Starwood Capital 
 
                                                           Duncan MacPherson 
 
                                                         T: [phone] 
 
                                                     Ipes (Guernsey) Limited 
 
                                                                Lucy Brehaut 
 
                                                          T: [phone] 
 
                                              Stifel Nicolaus Europe Limited 
 
                                                             Mark Bloomfield 
 
                                                                Neil Winward 
 
                                                               Gaudi Le Roux 
 
                                                         T: [phone] 
 
                                                                      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 [3]. 
 
    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: NOG 
TIDM:          SWEF 
LEI Code:      5493004YMVUQ9Z7JGZ50 
Sequence No.:  5424 
 
End of Announcement EQS News Service 
 
675405 17-Apr-2018 
 
 
1: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=2f5f8547ec47a0581d326eaca4b021df&application_id=675405&site_id=vwd_london&application_name=news 
2: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=d16e1e2c58f305fa956b4e96999f613e&application_id=675405&site_id=vwd_london&application_name=news 
3: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=becc5c83790358f02808a7970e9d8d13&application_id=675405&site_id=vwd_london&application_name=news 
 

(END) Dow Jones Newswires

April 17, 2018 09:10 ET (13:10 GMT)