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11 Feb 2009 15:31
Dragon - Ukrainian Properties &Ā Development plc
(the 'Company')
DUPD has bought backĀ 250,000 shares
The Company announces that, pursuant to the general authority granted byĀ shareholders of the Company on 1stĀ Ā DecemberĀ 2008 to make market purchasesĀ of its own shares,Ā the CompanyĀ made market purchasesĀ totallingĀ 250,000Ā ordinary shares ofĀ 1p each ('Shares')Ā -Ā onĀ 11Ā FebruaryĀ 2009Ā at a price ofĀ 38pĀ per ShareĀ ("theĀ Purchased Shares"). The Purchased SharesĀ willĀ beĀ cancelledĀ asĀ soon as practicableĀ following the acquisition.
The total amount ofĀ Purchased SharesĀ to dateĀ acquired underĀ the buy back programmeĀ totalsĀ 11,198,000
Ā out of whichĀ 5,505,000Ā shares bought pursuant to the authority granted on 1 December 2008 and the balance under the authority granted on July 31 2008.
Following the purchase of the Purchased Shares,Ā the Company has a total ofĀ 131,130,716Ā Shares in issueĀ and with voting rights ("Voting Shares")Ā (after deducting theĀ 250,000Ā PurchasedĀ Shares).Ā TheĀ Purchased SharesĀ represent 0.19Ā per cent of the Voting Shares.
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 HuntĀ Ltd (Nominated Adviser and Broker)
Capel Irwin: + 44 20 7418 8900
Daniel Harris
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