16th Oct 2008 14:25
Speymill Deutsche Immobilien Company plc
("SDIC" or "the Company")
Conversion of C Shares
Further to the publication today of SDIC's results for the year ended 30 June 2008, the Company confirms that the conversion of the Company's C shares into ordinary shares will become effective following close of business today.
As detailed in the Company's results announcement made today, the conversion ratio is 0.68977 ordinary shares per C share. The final number of new ordinary shares into which the C shares will convert will be calculated by reference to the Company's shareholder register as at close of business today.
Application has been made for the existing C shares (ISIN number IM00B1W67F64) to be cancelled from trading and for the new ordinary shares resulting from the conversion of the C shares to be admitted to trading on AIM with effect from the opening of business on 17 October 2008.
For more information, please visit www.sdic.co.im or contact:
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Speymill Property Group (Manager) |
Smith & Williamson Corporate Finance Limited (Nomad) |
Tavistock Communications |
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Floris van Dijkum, Global Chief Investment Officer |
Azhic Basirov Joanne du Plessis |
Jeremy Carey Simon Hudson Gemma Bradley |
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+44 20 7659 0763 |
+44 20 7131 4000 |
+44 20 7920 3150 |
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Nigel Caine |
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+44 1624 640 860 |
Fairfax I.S. PLC (Brokers) |
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James King |
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+44 20 7598 5368 |
Related Shares:
Sdic Power.