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Transaction under share buyback programme

ARR

RNS Number : 4731A
Brack Capital Real Estate Inv N.V
07 June 2016
 

7 June 2016

BCRE - Brack Capital Real Estate Investments N.V.

("BCRE" or the "Company")

Transaction under share buyback programme

Following the share buyback programme as announced on 3 June 2016 (http://www.brack-capital.com) the Company announces that it has today repurchased 1,275,665 of its own shares at a price of €0.88 per share.

The total number of shares repurchased under the share buyback programme is shown in the table below.

Date

Number of shares

Total consideration

7 June 2016

1,275,665

€1,122,585.20




Total

1,275,665

€1,122,585.20

 

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 an 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
 
END
 
 
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