Last checked at 27 Jun 2011 13:18
Sirius Real Estate Limited
Requisition of Extraordinary General Meeting
On 24th June 2011 the Company received notice from The Bank of New York (Nominees) Limited - Undesignated and The Bank of New York (Nominees) Limited - Designated Account 141498 (as nominees on behalf of Weiss Asset Management LP), being the registered holders of 38,783,804 shares in the Company (approximately 12.8% of the total shares in issue carrying voting rights), of a requisition of an Extraordinary General Meeting of the Company. Accordingly, the Board's current intention is to send to shareholders, within 21 days from receipt of this requisition, unless the proposals are withdrawn, a notice convening an Extraordinary General Meeting to be held not more than 28 days from the issue of the notice convening the meeting, to vote on the resolutions (the "Resolutions") proposed under the notice. The Resolutions will propose the removal of Dick Kingston and Walter Hens as directors of the Company, and the appointment as directors of the Company of Rolf Elgeti and Eitan Milgram.
The Company will provide notice of the Extraordinary General Meeting in due course and in accordance with its articles of incorporation.
Enquiries:
Principle Capital Sirius Real Estate Asset Management Limited
Kevin Oppenheim, CEO 020 7004 7150
Alistair Marks, CFO
Peel Hunt LLP
Capel Irwin
Alex Vaughan 020 7418 8900
Cardew Group
Tim Robertson 020 7930 0777