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Result of EGM

14th Oct 2014 15:30

RNS Number : 2961U
Brack Capital Real Estate Inv N.V
14 October 2014
 



14 October 2014

BCRE - Brack Capital Real Estate Investments N.V.

("BCRE" or the "Company")

 

Results of an Extraordinary General Meeting

Capital Reduction and proposed distribution

 

The Company hereby announces that, at the Extraordinary General Meeting of the Company held earlier today, all the resolutions as set out in full in the Notice of Extraordinary General Meeting (the "Notice"), which was published on the website of the Company on 1 September 2014, were adopted unanimously.

The Company has set the amount of the increased nominal value of each share at €0.04. The Capital Reduction will be €0.03 per share, totalling EUR 4,820,687.49.

The Notice is available at: http://www.brack-capital.com/

ENQUIRIES:

BCRE-Brack Capital Real Estate Investment N.V.

Ariel Podrojski, Chief Executive Officer

Nansia Koutsou, Chief Financial Officer

+31 20 514 1004

Novella Communications

Tim Robertson

Ben Heath

+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 an international portfolio of real estate assets, predominantly located in the USA, Germany, Russia, India and the UK.

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 400 staff. At present, the Company has offices and teams in New York, London, Frankfurt, Düsseldorf, Moscow, Kazan, New Delhi, Amsterdam, Limassol and Budapest.

 

 

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