Last checked at 21 Oct 2022 10:30
21 October 2022
Secure Property Development & Investment PLC ('SPDI' or 'the Company')
Director Dealing
Secure Property Development and Investment PLC (AIM: SPDI), the South Eastern European focused property and investment company, has been notified of the following shareholder ownership change:
Badoli Investments Limited ("Badoli"), a corporate entity in which Lambros Anagnostopoulos, Chief Executive Officer of SPDI has a majority interest in, on 19 October 2022, acquired 1,886,618 Ordinary Shares of the Company at a price of 5.75 pence per Ordinary Share. The notification below, made in accordance with the requirements of the EU Market Abuse Regulation (as applied to UK law), provides further detail on the applicable transaction. Following the acquisition, Badoli will have a beneficial interest in 10,490,240 Ordinary Shares, representing 8.12 per cent of the issued ordinary share capital of SPDI. Mr. Lambros Anagnostopoulos holds an additional 1,001,092 Ordinary Shares in his own name, representing 0.77 per cent of the issued ordinary share capital of SPDI.
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Lambros Anagnostopoulos and majority shareholder of Badoli Investments Limited | ||||
2. | Reason for the notification | |||||
a) | Position/status | Chief Executive Officer | ||||
b) | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer, or auction monitor | |||||
a) | Name | Secure Property Development & Investment PLC | ||||
b) | LEI | 213800G1B6Z65Q2PCS66 | ||||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument Identification code | Ordinary shares of EURO 0.01 each in the share capital of Secure Property Development & Investment PLC CY0102102213 | ||||
b) | Nature of the transactions | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | N/A (Single transaction)
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e) | Date of the transaction | 19 October 2022 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
For further information please visit www.secure-property.eu or contact:
Lambros Anagnostopoulos | SPDI | Tel: +357 22 030783 |
Rory Murphy Ritchie Balmer
|
Strand Hanson Limited |
Tel: +44 (0) 20 7409 3494 |
Jon Belliss
Catherine Leftley Isabelle Morris |
Novum Securities Limited
St Brides Partners Ltd |
Tel: +44 (0) 207 399 9400
Tel: +44 (0) 20 7236 1177 |
About Secure Property Development and Investment PLC
Secure Property Development and Investment plc is an AIM listed property development and investment company focused on the South East European markets. The Company's strategy is focused on generating healthy investment returns principally derived from: the operation of income generating commercial properties and capital appreciation through investment in high yield real estate assets. The Company is focused primarily on commercial and industrial property in populous locations with blue chip tenants on long term rental contracts. The Company's senior management consists of a team of executives that possess extensive experience in managing real estate companies both in the private and the publicly listed sector, in various European countries.