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  3. Phoenix Spree D Share Price
  4. Phoenix Spree D Share Regulatory News
  5. Property Advisor Share Sales

Pin to quick picksPhoenix Spree D Regulatory News (PSDL)

Phoenix Spree D Information

Share Price Information for Phoenix Spree D (PSDL)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 150.00
Bid: 148.00
Ask: 150.00
Change: 2.00 (1.35%)
Spread: 2.00 (1.351%)
Open: 148.00
High: 150.00
Low: 145.00
Prev. Close: 148.00
PSDL Live PriceLast checked at -
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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Property Advisor Share Sales

12 Feb 2019 15:57

RNS Number : 8094P
Phoenix Spree Deutschland Limited
12 February 2019
 

12 February 2019

 

 

 

Phoenix Spree Deutschland Limited

 

(the "Company")

 

Property Advisor Share Sales

 

Phoenix Spree Deutschland Limited (LSE: PSDL.LN), the UK Main Market listed investment company focused on Berlin residential real estate, announces it has been informed that PMM Partners (UK) Limited and its principals have sold a total of 2,239,361 shares in the Company at a price of £3.50 per share.

 

PMM Partners (UK) Limited acted as property advisor to the Company until it was replaced by PMM Residential Limited, effective from the 1st of January 2019, in the previously announced intra-group reorganisation. The sale of the shares was made to cover the tax liabilities arising from the December 2017 performance fee which was paid by awarding PSD shares to PMM Partners (UK) Limited in May 2018.

 

 

 

For further information, please contact:

Phoenix Spree Deutschland Limited

Stuart Young

 

+44 (0)20 3937 8760

Numis Securities Limited (Corporate Broker)

David Benda

 

Tulchan Communications (Financial PR)

Elizabeth Snow

 

 

 

+44 (0)20 3100 2222

 

 

 

+44 (0)20 7353 4200

 

 

 

 

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.
 
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