BRÈVE

sur Starwood European Real Estate Finance Ltd (isin : GG00B79WC100)

SWEF Announces Fifth Capital Distribution and Share Redemption Update

Starwood European Real Estate Finance Limited (SEREF) has officially announced the completion of its fifth capital distribution initiative as of 21 March 2024. In a significant move, the company successfully redeemed 24,110,333 SEREF shares on a pro rata basis, with a set price of £1.0369 per share at the close of business. This redemption process excluded any fractions of shares due to the redemption ratios, rounding down the shares redeemed for each shareholder to the nearest whole share.

Payment for the redeemed shares is scheduled to be processed by 28 March 2024. Shareholders with shares in uncertificated form can expect their payments through CREST, while those holding certificated shares will receive their payments either by cheque or BACS. Alongside financial adjustments, certificated shareholders will be issued new stock certificates by the stipulated payment date to reflect the updated shareholding status.

The redemption reduces the total shares in issue to 270,178,206, maintaining the company’s total voting rights. Additionally, SEREF disclosed the activation of a new ISIN, GG00BRC3R375, for the non-redeemed shares, effective from 22 March 2024 at 8.00 a.m.

R. H.

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