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Pin to quick picksPhoenix Spree D Regulatory News (PSDL)

Share Price Information for Phoenix Spree D (PSDL)

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Share Price: 151.00
Bid: 148.00
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Change: 5.00 (3.42%)
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Prev. Close: 146.00
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Phoenix Spree Deutschland is an Investment Trust

To provide Shareholders with both stable income returns, as well as capital growth through investment in German real estate, with a focus on residential properties in Berlin and secondary German cities.

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Clarification of Investment Restrictions

7 Nov 2018 10:26

RNS Number : 6347G
Phoenix Spree Deutschland Limited
07 November 2018
 

07 November 2018

 

 

Phoenix Spree Deutschland Limited(The "Company" or "PSDL")

 

Clarification of Investment Restrictions

 

The Company hereby clarifies its investment restrictions in respect of investment in other investment companies or investment trusts which are listed on the Official List of the UK Listing Authority (the "Official List").

 No more than 10% in aggregate of the value of the gross assets of the Company may be invested in other listed closed-ended investment funds, except for those which themselves have stated investment strategies to invest no more than 15% of their gross assets in other listed closed-ended investment funds.

 Additionally, the Company will itself not invest more than 15% of its gross assets in other investment companies or investment trusts which are listed on the Official List.

 

 

For further information please contact:

Phoenix Spree Deutschland Limited +44 (0)20 3937 8760

Stuart Young

 

Numis Securities Limited (Corporate Broker) +44 (0)20 3100 2222

David Benda

 

Tulchan Communications (Financial PR) +44 (0)20 7353 4200Tom MurrayElizabeth Snow

 

The information contained within this Announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No.596/2014. By the publication of this Announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain. The person responsible for arranging for the release of this Announcement on behalf of the Company is Estera Trust (Jersey) Limited.

 

 

 

 

 

LEI: 213800OR6IIJPG98AG39

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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