Countryside Properties PLC FRS102 Disclosure Exemption (8368K)
September 26 2016 - 7:10AM
UK Regulatory
TIDMCSP
RNS Number : 8368K
Countryside Properties PLC
26 September 2016
26 September 2016
Countryside Properties plc
(the "Company")
Notification to Shareholders in accordance with FRS102
disclosure exemption
The Company has on 23 September 2016 posted a notice on the
website at www.countryside-properties.com, the full text of which
is set out below:
Countryside Properties plc
Important information regarding FRS102 disclosure exemption
Countryside Properties plc (the "Company") intends to apply
FRS102 to its individual company accounts for the period ending 30
September 2016. The Company intends to take advantage of the
following disclosure exemptions:
-- Preparation of a statement of cash flows
-- Financial instruments disclosures
-- Disclosure of share based payment arrangements; and
-- Disclosure of key management personnel compensation.
These disclosures will still be included as part of the
consolidated financial statements of Countryside Properties
plc.
The Company is required to notify all shareholders of this
election and any shareholder or shareholders holding in aggregate
5% or more of the total share capital of the Company may object by
writing to the Company Secretary at the Company's registered office
(Countryside House, The Drive, Brentwood, Essex CM13 3AT) by 7
October 2016. If we do not receive objections totalling more than
5% of shares in issue, the proposed changes will be applied to the
30 September 2016 statutory financial statements.
If you do not object to the proposal, no further action is
necessary.
Enquiries:
Countryside Properties - 01277 260 000
Gary Whitaker - Company Secretary
Victoria Prior - Investor Relations & Strategy Director
This information is provided by RNS
The company news service from the London Stock Exchange
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