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Extension of share buyback programme

30th Jun 2016 15:30

RNS Number : 8602C
Brack Capital Real Estate Inv N.V
30 June 2016
 

30 June 2016

BCRE - Brack Capital Real Estate Investments N.V.

("BCRE" or the "Company")

Extension of share buyback programme

Following the share buyback programme of up to a maximum of €3,000,000 ("Programme") as announced on 3 June 2016, the Company announces the extension of the duration of the Programme. The extension of the Programme will commence on 1 July 2016 and is expected to be completed on or before 29 July 2016.

The share buyback will be executed by the board of the Company within the limitations of the authority granted by the shareholders meeting of the Company on 24 June 2016.

All transactions under the Programme have been and will be published on the Company's website (www.brack-capital.com) on a daily basis.

 

ENQUIRIES:

BCRE - Brack Capital Real Estate Investments N.V.

Ariel Podrojski, Chief Executive Officer

Nansia Koutsou, Chief Financial Officer / Chief Operating Officer

+31 20 514 1004

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 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, Limassol and Budapest.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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