1 Jul 2009 14:28
Holding in Company
The Company was notified on 30 June 2009 by Finisterre Capital LLP and Spinnaker Funds that as a result of the tender offer completed by the Company on 24 June 2009 their percentage interest has changed as follows:
Holdings of funds which have appointed Finisterre capital LLP as investment manager:
| Fund | Shares held before tender | % | Shares held after tender | % |
| Finisterre Recovery Fund 1 | 9,900,000 | 7.59 | 9,900,000 | 8.41 |
| Finisterre Global Opportunity Master Fund | 4,369,299 | 3.35 | 4,369,299 | 3.71 |
| Total | 14269299 | 10.94 | 14,269,299 | 12.12 |
Holdings of Spinnaker Funds
| Fund | Shares held before tender | % | Shares held after tender | % |
| Spinnaker Global Opportunity Fund | 3,938,600 | 3.02% | 3,938,600 | 3.35% |
| Spinnaker Global Emerging Markets Fund | 6,422,300 | 4.93% | 6,422,300 | 5.46% |
| Spinnaker Global Strategic Funds | 4,513,500 | 3.46% | 4,513,500 | 3.83% |
| Total | 14,874,400 | 11.41% | 14,874,400 | 12.64% |
Enquiries:
For further information, please contact:
Dragon-Ukrainian Properties & Development Plc (www.dragon-upd.com)
Tomas Fiala
+380 44 490 7120
Dragon Capital Partners Limited
Chris Kamtsios: + 380 44 490 7120
KBC Peel Hunt Ltd (Nominated Adviser and Broker)
Capel Irwin: + 44 20 7418 8900
Daniel Harris