Paris, Amsterdam, May 7, 2019
Press release
Unibail-Rodamco-Westfield: implementation of a liquidity facility
As from May 7, 2019, for a six-month period renewable automatically for six-month periods until cancelled, Unibail-Rodamco SE has appointed Rothschild Martin Maurel to implement a liquidity facility in accordance with the provisions of the legal framework in force, and more particularly with the provisions of Regulation (EU) 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (MAR), Commission Delegated Regulation (EU) 2016/908 of 26 February 2016, Articles L. 225-209 et seq. of the French Commercial Code and Decision 2018-01 of the French Financial Markets Authority (AMF) of 2 July 2018 (the "AMF Decision") and any other provisions referred to therein.
The purpose of this facility is for Rothschild Martin Maurel to optimize the liquidity of the Unibail-Rodamco-Westfield shares on Euronext Amsterdam and Euronext Paris.
For the implementation of this facility, €15Mn in cash was allocated to the liquidity account.
This liquidity facility will be suspended as follows:
· if the conditions set out in Article 5 of the AMF Decision are met; or
· at Unibail-Rodamco SE's request for technical reasons (e.g., the counting of shares with voting rights before a general meeting or the counting of shares giving entitlement to dividends before the ex-date) for a period specified by Unibail-Rodamco SE.
The facility may be terminated at any time, by Unibail-Rodamco SE without notice, or by Rothschild Martin Maurel with one-month notice.
For further information, please contact:
Investor Relations
Samuel Warwood
Maarten Otte
+33 1 76 77 58 02
Maarten.otte@urw.com
Media Relations
Tiphaine Bannelier-Sudérie
D : +33 1 76 77 57 94
Tiphaine.bannelier-suderie@urw.com
Unibail-Rodamco-Westfield
Unibail-Rodamco-Westfield is the premier global developer and operator of flagship shopping destinations, with a portfolio valued at €65.2 Bn as at December 31, 2018, of which 87% in retail, 6% in offices, 5% in convention & exhibition venues and 2% in services. Currently, the Group owns and operates 92 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 3,700 professionals and an unparalleled track-record and know-how, Unibail-Rodamco-Westfield is ideally positioned to generate superior value and develop world-class projects. The Group has a development pipeline of €11.9 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 A2 rating from Moody's.
For more information, please visit www.urw.com
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Access the URW 2018 report at https://report.urw.com/2018/
