8th Sep 2025 07:00
Secure Property Development & Invest PLC/ Index: AIM / Epic: SPDI / Sector: Real Estate
8 September 2025
Secure Property Development & Investment PLC ('SPDI' or 'the Company')
Notice of Cut-off Date for the distribution of capital to shareholders
Secure Property Development & Investment PLC, the AIM quoted South Eastern European focused property company, announces that following its recent successive share capital reductions, as announced on 2 July 2025, the Company intends to return such reduced capital to its shareholders pro-rate to their shareholding in the form of Arcona Property Fund N.V. ("APF") shares it currently holds.
SPDI confirms that all shareholders holding SPDI shares at 5.00 p.m. BST on Monday 15 September 2025 (the "Cut-off Date"), will be entitled to receive such capital in the form of APF shares.
Following the Cut-off Date, SPDI will issue a further announcement specifying the steps needed for the repayment of the reduced capital in the form of APF shares to shareholders.
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.
**ENDS**
For further information please visit www.secure-property.eu or contact:
Lambros Anagnostopoulos | SPDI | Tel: +357 22 030783 |
Rory Murphy Ritchie Balmer David Asquith
|
Strand Hanson Limited |
Tel: +44 (0) 20 7409 3494 |
Jon Belliss
Susie Geliher |
Novum Securities Limited
St Brides Partners Ltd |
Tel: +44 (0) 207 399 9400
Tel: +44 (0) 20 7236 1177 |
Notes to Editors
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.
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