Sign In
Last checked at 
19 Dec 2008 16:33
China Real Estate Opportunities plc
Transaction in own securities
The Board of China Real Estate Opportunities plc ("CREO" or "the Company") announces that on 19 December 2008, the Company purchased 1,000,000 of its own ordinary shares of nil par value at a price of 205p per share for cancellation.
The purchase represents 1.95 per cent. of the shares in issue and is pursuant to the resolutions passed at an Extraordinary General Meeting of the Company held on 3 December 2008.
The Concert Party (as defined in the Notice of the Extraordinary General Meeting) is interested in 23,976,653 ordinary shares, representing 47.76 per cent. of the Company's revised issued share capital.
The purchase and cancellation will reduce the number of shares in issue to 50,203,038.
Contact:
CREO
Ray Horney, Chairman
Tel: + 44 (0) 1273 775225
Sarah Moriarty, Investor Relations
Tel: +353 1 6189455
Matrix Corporate Capital LLP
Paul Fincham
+ 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
Follow the stocks
