Annington Funding PLC Appeal Granted in Judicial Review (8304P)

TIDM75TW

RNS Number : 8304P

Annington Funding PLC

11 October 2023

ANNINGTON FUNDING PLC

(incorporated with limited liability in England and Wales)

11 October 2023

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").

Court of Appeal REVIEW CASE Filed by Annington AGAINST The MINISTRY OF DEFENCE

Annington Property Limited (the "Company" or "Annington") has today been granted permission to appeal the judgment handed down by the High Court of Justice on 15 May 2023 in which the High Court ruled in favour of the Ministry of Defence ("MoD"). The claims were heard in the Administrative Court and Chancery Division of the High Court in February 2023. Permission to appeal the High Court's decision has today been granted by the Court of Appeal.

Annington remains of the view communicated to Noteholders on 15 May 2023 that the Court was wrong to conclude the steps taken by the MoD are lawful and the Company will proceed with its substantive appeal of the judgment.

Stephen Leung

Chief Financial Officer

Media Enquiries:

Annington@brunswickgroup.com

Annington Funding plc

1 James Street

London

W1U 1DR

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 the Market Abuse Regulation (EU) 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended ("EUWA")("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 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) Dow Jones Newswires

October 11, 2023 10:54 ET (14:54 GMT)

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