Brack Capital Real Estate Inv N.V Completed the sale of shares in BCP (0798I)
14 June 2017 - 9:45PM
UK Regulatory
TIDMBCRE
RNS Number : 0798I
Brack Capital Real Estate Inv N.V
14 June 2017
This announcement contains inside information within the meaning
of the Market Abuse Regulation (EU) (No 596/2014).
14 June 2017
BCRE - Brack Capital Real Estate Investments N.V.
("BCRE" or the "Company")
Completed the sale of shares in Brack Capital Properties
N.V.
Further to the announcement on 23 May 2017, the Company is
pleased to announce that it has completed the sale of all the
shares held in the issued and outstanding share capital of Brack
Capital Properties N.V., whose shares are traded on the Tel Aviv
Stock Exchange, to a company under the ultimate control of Mr.
Teddy Sagi through an off-market transaction.
Closing of the transaction took place on 14 June 2017.
ENQUIRIES:
BCRE-Brack Capital Real Estate Investment 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 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 has
offices and teams in New York, London, Moscow, Kazan, New Delhi,
Amsterdam and Limassol.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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June 14, 2017 07:45 ET (11:45 GMT)
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