Last checked at 22 Jan 2009 17:00
China Real Estate Opportunities plc
China Real Estate Opportunities plc (the "Company") (AIM: CREO) announces that following the FSA announcement on 9 January 2009 relating to DTR 3.1.2 which clarified that issuers should disclose to the market details of security over shares in an issuer granted by directors and their connected persons, the following persons have granted security over shares in the Company.
Ray Horney, the Chairman, has pledged 2,750,000 shares as part collateral for loans entered into on 6 July 2007 and 18 January 2008.
Richard Barrett, a director, has pledged 3,064,189 shares as collateral for loans entered into on 21 June 2007 and 18 December 2007.
Treasury Holdings, a significant shareholder of the Company which is owned as to 50 per cent. by Richard Barrett, has pledged 661,000 shares as collateral for a loan entered into on 26 June 2007.
Rory Williams, a director, has pledged 80,000 shares as collateral for a loan entered into on 21 June 2007.
Rob Tincknell, a director, has pledged 321,171 shares as collateral for loans entered into on 21 June 2007 and 18 October 2007.
Contact:
China Real Estate Opportunities plc
Ray Horney, Chairman
Tel: + 44 (0) 1273 775 225
Sarah Moriarty, Investor Relations
Tel: + 353 1 618 9455
Matrix Corporate Capital LLP
Paul Fincham
Tel: + 44 (0) 20 3206 7000
Davy
Des Carville
Tel: + 353 1 679 6363
Bankside Consultants
Simon Rothschild, Oliver Winters
Tel: + 44 (0) 20 7367 8888
Murray Consultants
Ed Micheau
Tel: + 353 1 498 0300