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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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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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Issue of Equity

4 May 2018 09:55

RNS Number : 1618N
Phoenix Spree Deutschland Limited
04 May 2018
 

04 May 2018

Phoenix Spree Deutschland Ltd

(The "Company" or "PSDL")

 

ISSUE OF SHARES

TOTAL VOTING RIGHTS

 

Further to the Company's final results announcement on 27 April 2018, Phoenix Spree Deutschland (LSE: PSDL.LN) has today issued 8,260,065 new ordinary shares in satisfaction of a performance fee due to its Property Advisor, PMM Partners for the three years ended 31 December 2017. The new shares have been admitted to trading on the premium segment of the Official List and to trading on the Main Market of the London Stock Exchange.

Following Admission, the Company's issued share capital consists of 100,751,409 ordinary shares with voting rights and there are no shares held in treasury. Accordingly, this figure can be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

LEI: 213800OR6IIJPG98AG39

For further information please contact:

Phoenix Spree Deutschland

Stuart Young

 

+44 (0)20 3937 8760

 

Liberum Capital Limited (Corporate Broker)

Richard Crawley

Christopher Britton

 

+44 (0)20 3100 2222

 

Tulchan Communications (Financial PR)

Tom Murray

Elizabeth Snow

+44 (0)20 7353 4200

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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