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Moorfield Group Plc Will Be Deleted From The EPRA Indices

Date 30/03/2001

Following the unconditional offer for Moorfield Group Plc by Stessa Ltd, Moorfield will be deleted from the EPRA Index with effect from Monday 2 April 2001, in accordance with rule 5.3.3. of the index ground rules.

In accordance with the Rules for the EPRA Index the security will not be replaced in the relevant indices until upcoming Review, which will be effective from the 1st business day in July.

The European Public Real Estate Association in conjunction with Euronext Indices BV calculates and publishes the EPRA Index. Euronext Indices BV announces on a quarterly basis the outcome of the periodic review of the index. Euronext Indices BV calculates the index every 15 seconds making the EPRA Index Europe's first real time index focused on the European real estate sector.

The European Public Real Estate Association exists to promote and develop the European quoted real estate sector. Some of the ways in which the association seeks to achieve this objective are:

  • the establishment of an active forum;
  • the promotion of common standards of "best practice" across the industry-liaison with government and regulators;
  • the establishment of the information function.
The EPRA Index is maintained under the guidance of ground rules approved by the European Public Real Estate Association (EPRA) and is calculated on a real time basis by Euronext Indices BV. For more details about the EPRA Index series visit EPRA.com.