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Unibail-Rodamco-Westfield: Deferral of conversions between CDIs and stapled shares in respect of 2023 Unibail-Rodamco-Westfield SE Annual General Meeting

Unibail-Rodamco-Westfield SE
Unibail-Rodamco-Westfield SE

Paris, Amsterdam, April 14, 2023

 

Press release

 

Deferral of conversions between CDIs and stapled shares in respect of 2023 Unibail-Rodamco-Westfield SE Annual General Meeting

Unibail-Rodamco-Westfield ("URW") announces that May 3, 2023 (7:00pm, Australian Eastern Standard Time) will be the record date for the purpose of determining the entitlement of CHESS Depositary Interest ("CDI") holders to give voting instructions for the Annual General Meeting of Unibail-Rodamco-Westfield SE ("URW SE") to be held on May 11, 2023.

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 April 28, 2023 and ending May 9, 2023, inclusive (being the voting entitlement record date for URW SE shareholders).

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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 2023 Annual General Meeting for CDI holders being different to and earlier than the record date for determining the entitlements of URW SE shareholders.

For further information please contact:

 

Investor Relations

Alex Estruch

VP, Chief of Staff to the CEO

+1 424 303 1948

Alex.Estruch@urw.com

 

Media Relations

UK/Global:

Cornelia Schnepf – Finelk

+44 7387 108 998

Cornelia.Schnepf@finelk.eu

 

France:

Sonia Fellmann – PLEAD

+33 6 27 84 91 30

Sonia.Fellmann@plead.fr

 

United States:

Molly Morse – Kekst CNC

+ 1 212 521 4826

Molly.Morse@kekstcnc.com

 

 

 

About Unibail-Rodamco-Westfield

 

Unibail-Rodamco-Westfield is an owner, developer and operator of sustainable, high-quality real estate assets in the most dynamic cities in Europe and the United States.

 

The Group operates 78 shopping centres in 12 countries, including 43 which carry the iconic Westfield brand. These centres attract over 900 million visits annually and provide a unique platform for retailers and brands to connect with consumers. URW also has a portfolio of high-quality offices, 10 convention and exhibition venues in Paris, and a €3 Bn development pipeline of mainly mixed-use assets. Currently, its €52 Bn portfolio is 87% in retail, 6% in offices, 5% in convention and exhibition venues, and 2% in services (as at December 31, 2022).

 

URW is a committed partner to major cities on urban regeneration projects, through both mixed-use development and the retrofitting of buildings to industry-leading sustainability standards. These commitments are enhanced by the Group’s Better Places 2030 agenda, which strives to make a positive environmental, social and economic impact on the cities and communities where URW operates.

 

URW’s stapled shares are listed on Euronext Amsterdam and Euronext Paris (Ticker: URW), with a secondary listing in Australia through Chess Depositary Interests. The Group benefits from a BBB+ rating from Standard & Poor’s and from a Baa2 rating from Moody’s.

 

For more information, please visit www.urw.com

 

 

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