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22 Jan 2009 17:00
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China Real Estate OpportunitiesΒ plc
China Real Estate OpportunitiesΒ plcΒ (theΒ "Company")Β (AIM: CREO) announces thatΒ followingΒ the FSA announcement on 9 January 2009 relating to DTR 3.1.2Β 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 followingΒ personsΒ 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 2007Β and 18 January 2008.
Richard Barrett, a director,Β has pledged 3,064,189 shares as collateral for loansΒ enteredΒ into onΒ 21 JuneΒ 2007 and 18 December 2007.
Treasury Holdings, a significant shareholder of the Company which is owned as to 50Β perΒ cent. by Richard Barrett,Β has pledged 661,000 shares as collateral for a loan entered into onΒ 26Β JuneΒ 2007.
Rory Williams, a director,Β has pledged 80,000 shares as collateral forΒ aΒ loanΒ entered into onΒ 21 JuneΒ 2007.
Rob Tincknell, a director,Β has pledged 321,171Β shares as collateral for loansΒ entered into onΒ 21 JuneΒ 2007Β and 18 October 2007.
Contact:
China Real Estate OpportunitiesΒ plc
Ray Horney, Chairman
Tel: + 44 (0) 1273 775 225Β
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: +Β 353 1 679 6363
Bankside ConsultantsΒ
Simon Rothschild,Β Oliver WintersΒ
Tel:Β +Β 44 (0) 20 7367 8888
Murray ConsultantsΒ
Ed Micheau
Tel: + 353 1 498 0300
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