Land Securities Group PLC Changes in performance measures (8674J)
16 Abril 2020 - 2:55AM
UK Regulatory
TIDMLAND
RNS Number : 8674J
Land Securities Group PLC
16 April 2020
Land Securities Group PLC ("Landsec" or the "Company")
Changes in performance measures
In October 2019, the European Public Real Estate Association ('EPRA') published new Best Practice
Recommendations ('BPR') for financial disclosures by listed real estate companies. Landsec
supports standardised reporting to improve the quality and comparability of information for
investors. The BPR introduced three new measures of net asset value: EPRA Net Tangible Assets
(NTA), Net Reinvestment Value (NRV) and Net Disposal Value (NDV).
Landsec has adopted these guidelines for the year ended 31 March 2020 and considers EPRA NTA
to be the most relevant measure for the Company's business. EPRA NTA will now be Landsec's
primary measure of net asset value, replacing previously reported EPRA net assets and EPRA
net assets per share measures. Total business return will also now be calculated based on
EPRA NTA.
For comparative purposes, Landsec's previous net asset value measures as presented in its
Annual Report for the year ended 31 March 2019 and its half-yearly announcement for the six
months ended 30 September 2019 have been restated according to the new BPR guidelines. This
can be found on our website www.landsec.com/investors/results-presentations .
* Ends -
For further information, please contact:Please contact:
Investors Press
Ed Thacker Bobby Leach / Danielle Dominey-Kent
+44 (0)20 7024 5185 +44 (0)20 7024 5472 / +44 (0)20
Edward.Thacker@landsec.com 7024 5241
Bobby.Leach@landsec.com /
Danielle.Dominey-Kent@Landsec.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCIFMRTMTABMJM
(END) Dow Jones Newswires
April 16, 2020 03:55 ET (07:55 GMT)
Land Securities (LSE:LAND)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Land Securities (LSE:LAND)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024