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BCRE Brack Capital Real Estate N.V.
BCRE Brack Capital Real Estate N.V.: Update on the de-listing and listing
12-Apr-2019 / 14:30 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
This announcement contains inside information within the meaning of the
Market Abuse Regulation (EU) (No 596/2014).
12 April 2019
BCRE Brack Capital Real Estate Investments N.V.
("BCRE" or the "Company")
Further Information on admission to the Emerging Companies Market ("ECM") of
the Cyprus Stock Exchange ("CSE") and de-listing from the London Stock
Exchange
Admission to the ECM of the CSE
The Company is pleased to announce that the first day of dealings in the
Company's Shares on the ECM of the CSE will be 18 April 2019 following
delisting from the London Stock Exchange at 8am on 18 April 2019.
The ECM is a Multilateral Trading Facility of the CSE - the Company's share
price information and other regulatory information will be able to be found
in English on the CSE website at
http://www.cse.com.cy/en-GB/non-regulated-market/listing/listed-companies/
[1] once listing occurs.
The Company's ticker on the CSE will be BCRE and its ISIN will remain
unchanged as NL0010763611. The Company's arrangements with its Depositary
Registrar, LINK Asset Services, are unchanged and shareholders will continue
to hold their interests in CREST or certificated form as before.
Shareholders can trade on-market via the Company's CSE Broker, EGR Broking
Limited, or any CSE Member Firm. However, shareholders should appreciate
that trades on the ECM are on a matched bargain basis and there is no system
of market-makers.
EGR Broking, which also acts as Clearing Agent for the Company's Securities,
has prepared a guidance note on how to trade BCRE securities on the CSE
which is set out in the Appendix to this announcement. Shareholders or their
brokers or custodians who require further assistance can contact EGR on its
dealing line +44 203 697 9490 or by emailing dealers@egrbroking.com.
ENQUIRIES:
BCRE - Brack Capital Real Estate Investments
N.V.
Nansia Koutsou, Co-Chief Executive Officer
Shai Shamir, Co-Chief Executive Officer
Yiannis Peslikas, Chief Financial Officer +31 20 514 1004
EGR Broking Limited
Jonathan Hall
Louisa Klouda +44 203 697 9495
Novella Communications
Tim Robertson
Toby Andrews +44 203 151 7008
About BCRE
BCRE is an international real estate development and investment group,
headquartered in the Netherlands. Through its subsidiary and associated
undertakings, the Company is interested in, develops and operates an
international portfolio of real estate assets in the markets it operates.
The Company has established local management team platforms with significant
local market expertise. At present, the Company's main offices and teams are
in New York, Moscow, Amsterdam and Limassol.
APPENDIX
How to trade Securities on the CSE
Anyone wishing to undertake on-market transactions in securities admitted to
trading on the CSE with holdings in CREST, should follow the instructions
below:
? Contact your broker and provide them with the details of the order you
wish to place. Your broker will need to contact the Company's CSE Broker,
EGR Broking Limited, or any CSE Member Firm.
EGR Broking is BCRE's CSE Broker and the only UK Broker that is a member of
the CSE able to provide on market broking, dealing and trade reporting
services for clients, including acting as a clearing agent.
? There are NO market makers available on the CSE, and all transactions
are placed on a matched-bargain basis. Your order will only be matched
when there is a willing buyer/seller the other side.
? Prices of securities are available at all times on the CSE Website
(http://www.cse.com.cy/en-GB/non-regulated-market/market-indices/current-p
rices/stocks-performance/ [2]) or can be quoted by EGR Broking or any
other CSE Member.
Anyone wishing to undertake on-market transactions in securities admitted to
trading on the ECM of the CSE with holdings in certificated form, should
proceed to do the following:
? Contact BCRE to proceed to dematerialise your holdings. BCRE will
provide you with a Deed to sign, and arrange dematerialisation of your
securities into CREST which can subsequently be held with any UK Custodian
with CREST membership.
EGR Broking also offers individual brokerage accounts within CREST.
? Once your holdings are held within CREST, you are now able to trade them
on-market by directly contacting EGR Broking or a CSE Member firm or
asking your broker to do so. The process from here-on is the same as noted
above for someone with CREST Holdings.
Notes for UK Brokers:
Companies admitted to trading on the CSE that hold the Registry outside of
the Cyprus Central Securities Depositary are required to appoint a CSE
Approved Clearing Agent to report settlement of on-market trades in CREST.
EGR Broking is an approved Clearing Agent by the CSE and has been appointed
by BCRE to act on their behalf. Please contact EGR Broking for further
instructions on your responsibilities for settlement reporting after placing
an on-market trade with a Member Firm.
Regulatory filing PDF file
Document title: Update on the de-listing and listing
Document: http://n.eqs.com/c/fncls.ssp?u=EMAMDKWHRN [3]
Language: English
Company: BCRE Brack Capital Real Estate N.V.
Barbara Strozzilaan 201
1083HN Amsterdam
Netherlands
Internet: http://www.brack-capital.com/
ISIN: NL0010763611
Euronext Ticker: MLBCR
AMF Category: News release on accounts, results, revenues
EQS News ID: 799505
End of Announcement EQS News Service
799505 12-Apr-2019 CET/CEST
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(END) Dow Jones Newswires
April 12, 2019 08:30 ET (12:30 GMT)
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