We, the undersigned, being all the Directors of the Brickstone Real Estate Funds SICAV (the “Company”), pursuant to the authority to act without a meeting HEREBY CONSENT to the following actions and adopt the following resolutions set out below:
WHEREAS the Brickstone Growth and Development Fund (the “Sub-Fund”) is a Sub-fund of the Company
WHEREAS the Sub-Fund has direct involvement within its assets invested in holdings directly exposed and impacted with the current Russia / Ukraine war crisis. Such crisis and uncertainty has clearly negatively impacted the operations and valuation of the Sub-Fund, thus adversely effects and prejudice the shareholder’s interest in the Company.
WHEREAS the Company at any time may temporarily suspend the determination of the Net Asset Value of Shares and the subscription of such shares and the redemption of all or part of such shares.
IT IS HEREBY BEING RESOLVED THAT the Company suspends the determination of the Net Asset Value of Shares and the subscription of such shares and the redemption of all or part of such shares with effect from valuation as at 31st December 2021 and until further notice as determined by the Company.
Dated the 30th March, 2022
Mr Ian Zammit
Brickstone Real Estate SICAV plc