Starwood European Real Estate Finance announces an update on capital distribution

Starwood European Real Estate Finance Limited (SEREF) carried out, on February 22, 2024, a mandatory buyback of 19,402,403 of its shares at 1.0308 GBP per share, following the capital distribution announcement on February 20, 2024. This operation was conducted on a pro rata basis, and fractional shares were not repurchased, resulting in rounding the number of shares repurchased per shareholder to the nearest whole number.

The payment for the repurchase is expected to be completed by February 28, 2024, either through the CREST system for dematerialized shares or by check or BACS for materialized shares. The currently circulating share certificates will be replaced, and new certificates will be distributed to holders of materialized shares on the same date.

Following this buyback, the total number of shares in circulation amounts to 294,288,539, as well as the total number of voting rights. A new ISIN code, GG00BP6VJD72, has been assigned to the remaining unredeemed shares and has been effective since February 23, 2024, at 8:00 a.m.