SWEF: FCA guidance to delay publication of Annual Results (1006035)
March 25 2020 - 3:00AM
UK Regulatory
Starwood European Real Estate Finance Ltd (SWEF)
SWEF: FCA guidance to delay publication of Annual Results
25-March-2020 / 07:00 GMT/BST
Dissemination of a Regulatory Announcement that contains inside information
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
25 March 2020
Starwood European Real Estate Finance Limited
FCA guidance to delay publication of Annual Results
Starwood European Real Estate Finance Limited (the "Company" and, together
with its subsidiaries, the "Group") hereby announces that, following recent
guidance issued by the Financial Conduct Authority ("FCA") and Financial
Reporting Council ("FRC"), the Company will delay publishing its audited
2019 Annual Report and Accounts, which were planned to be released today.
On 21 March 2020, the FCA issued an announcement in which it requested that
all UK listed companies observe a moratorium on the publication of
preliminary financial statements for a period of at least two weeks, in
light of the considerable disruption being caused by the humanitarian and
economic impact of Covid-19. On 23 March 2020, the FRC issued a statement
encouraging listed companies to consider carefully whether they should delay
other corporate reports for the next two weeks, such as interim financial
statements and final audited financial statements, except where necessary to
meet a legal or regulatory requirement.
In line with the above guidance, the Company will delay the publication of
the 2019 Annual Report and Accounts for approximately 2 weeks, subject to
further guidance from the FCA or other regulatory authorities.
For further information, please contact:
Apex Fund and Corporate Services (Guernsey) Limited as Company Secretary -
01481 735878
Vania Santos
Starwood Capital - 020 7016 3655
Duncan MacPherson
Stifel Nicolaus Europe Limited - 020 7710 7600
Mark Bloomfield
Mark Young
Nick Donovan
Maarten Freeriks
Notes:
Starwood European Real Estate Finance Limited is an investment company
listed on the main market of the London Stock Exchange with an investment
objective to provide Shareholders with regular dividends and an attractive
total return while limiting downside risk, through the origination,
execution, acquisition and servicing of a diversified portfolio of real
estate debt investments in the UK and the wider European Union's internal
market. www.starwoodeuropeanfinance.com [1].
The Group is the largest London-listed vehicle to provide investors with
pure play exposure to real estate lending.
The Group's assets are managed by Starwood European Finance Partners
Limited, an indirect wholly-owned subsidiary of the Starwood Capital Group.
ISIN: GG00B79WC100
Category Code: MSCM
TIDM: SWEF
LEI Code: 5493004YMVUQ9Z7JGZ50
Sequence No.: 54403
EQS News ID: 1006035
End of Announcement EQS News Service
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=820ab51c5dd44debecb8781312a1325e&application_id=1006035&site_id=vwd&application_name=news
(END) Dow Jones Newswires
March 25, 2020 03:00 ET (07:00 GMT)
Starwood European Real E... (LSE:SWEF)
Historical Stock Chart
From Mar 2024 to Apr 2024
Starwood European Real E... (LSE:SWEF)
Historical Stock Chart
From Apr 2023 to Apr 2024