Legal Proceedings Filed – Further Update

Annington Funding PLC
19 September 2024
 

ANNINGTON FUNDING PLC

(incorporated with limited liability in England and Wales)

 

19 September 2024

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF DOMESTIC LAW OF THE UNITED KINGDOM BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED ("EUWA") ("UK MAR").

 

Legal Proceedings Filed - Further Update

 

 

Annington Property Limited ("Annington") announced on 19 August 2024 that it had filed proceedings in the High Court of England and Wales challenging provisions of the Leasehold and Freehold Reform Act 2024 (the "Act"), which are not yet in force (the "High Court Proceedings").

 

On 18 September 2024, Annington filed legal proceedings in the European Court of Human Rights against the United Kingdom challenging the same provisions of the Act in that forum, in addition to the High Court Proceedings. These proceedings have been filed protectively to ensure they have been brought within the European Court of Human Rights' limitation period for claims.  For further details in relation to the claims, including the reasons why Annington has filed proceedings, please refer to the Q and A dated 23 August 2024, which can be found at:

 

https://www.annington.co.uk/investors/announcements/

 

Stephen Leung

Chief Financial Officer

 

Media Enquiries:

 

Annington@brunswickgroup.com

 

Annington Funding plc

Hays Lane House

1 Hays Lane

London

SE1 2HB

 

This notice is released by Annington Funding plc and contains information that qualified or may have qualified as inside information for the purposes of Article 7 of UK MAR. For the purposes of UK MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055 as it forms part of domestic law of the United Kingdom by virtue of the EUWA, this announcement is made by Stephen Leung, Chief Financial Officer of Annington Limited.

 

LEI: 549300KK63W8VZIONZ83

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END
 
 
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