Deferral of conversions between CDIs and stapled shares in respect of 2020 Unibail-Rodamco-Westfield SE Annual General Meetin...
17 Aprile 2020 - 9:15PM
Deferral of conversions between CDIs and stapled shares in respect
of 2020 Unibail-Rodamco-Westfield SE Annual General Meeting
Paris, Amsterdam, April 17, 2020
Press release
Deferral of conversions between CDIs and
stapled shares in respect of 2020 Unibail-Rodamco-Westfield SE
Annual General Meeting
Unibail-Rodamco-Westfield ("URW") has
previously announced that Friday, May 8, 2020, (7:00pm, Australian
Eastern Standard Time) will be the record date for the purpose of
determining CHESS Depositary Interest ("CDI") holders'
entitlement to give voting instructions for the Annual General
Meeting of Unibail-Rodamco-Westfield SE ("URW SE") to
be held on May 15, 2020.
URW SE has sought and been granted from the
Australian Securities Exchange ("ASX") waivers to allow URW
to defer, and not to process conversions between its stapled share
and CDI registers, during the period commencing on and including
Monday, May 4, 2020, and ending on and including Wednesday, May 13,
2020, (the voting entitlement record date for URW SE
shareholders).
Therefore, there will be a deferral and
no-processing of conversions between URW's stapled share and CDI
registers during the period described above.
The waivers are intended to prevent the
potential for votes to be cast twice in respect of the same URW SE
ordinary shares as a result of the record date for determining
entitlements to vote at the 2020 Annual General Meeting for CDI
holders being earlier than the record date for determining URW SE
shareholders’ entitlement to vote.
For further information, please
contact:
Investor Relations Samuel WarwoodMaarten
Otte +33 1 76 77 58 02 Maarten.otte@urw.com
Media Relations Tiphaine Bannelier-Sudérie +33 1 76
77 57 94 Tiphaine.Bannelier-Suderie@urw.com
About Unibail-Rodamco-Westfield
Unibail-Rodamco-Westfield is the premier global
developer and operator of Flagship destinations, with a portfolio
valued at €65.3 Bn as at December 31, 2019, of which 86% in retail,
6% in offices, 5% in convention & exhibition venues and 3% in
services. Currently, the Group owns and operates 90 shopping
centres, including 55 Flagships in the most dynamic cities in
Europe and the United States. Its centres welcome 1.2 billion
visits per year. Present on 2 continents and in 12 countries,
Unibail-Rodamco-Westfield provides a unique platform for retailers
and brand events and offers an exceptional and constantly renewed
experience for customers. With the support of its 3,600
professionals and an unparalleled track-record and know-how,
Unibail-Rodamco-Westfield is ideally positioned to generate
superior value and develop world-class projects. As at December 31,
2019, the Group had a development pipeline of €8.3
Bn.Unibail-Rodamco-Westfield distinguishes itself by its Better
Places 2030 agenda, that sets its ambition to create better places
that respect the highest environmental standards and contribute to
better cities. Unibail-Rodamco-Westfield stapled shares are listed
on Euronext Amsterdam and Euronext Paris (Euronext ticker: URW),
with a secondary listing in Australia through Chess Depositary
Interests. The Group benefits from an A- rating from Standard &
Poor’s and from an A3 rating from Moody’s.
For more information, please visit
www.urw.comVisit our Media Library at
https://mediacentre.urw.comFollow the Group updates on Twitter
@urw_group, Linkedin @Unibail-Rodamco-Westfield and Instagram
@urw_group
- Deferral of conversions between CDIs and stapled shares in
respect of 2020 Unibail-Rodamco-Westfield SE Annual General
Meeting
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