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Purchase of Shares by the Property Adviser

17th Dec 2025 15:56

RNS Number : 9987L
Phoenix Spree Deutschland Limited
17 December 2025
 

17 December 2025

 

Phoenix Spree Deutschland Limited

(the "Company", or "PSD")

Purchase of Shares by the Property Adviser

 

As previously announced on 25 July 2024, under the terms of the Company's Property Advisory and Investor Relations Agreement ("PAIR") QSix Residential Limited ("QSix"), the Company's Property Advisor, has committed to reinvest the post-tax proceeds it earns from disposal fees into PSD shares. This includes proceeds generated from condominium sales.

The Company has been notified on 17 December 2025, that QSix purchased a further 25,399 ordinary shares in PSD at an average price of 170.52 pence per share. This increases QSix's cumulative purchases of PSD shares acquired since 25 July 2024 to 412,146 ordinary shares.

 

 For further information, please contact:

Phoenix Spree Deutschland Limited +44 (0) 20 3937 8760Stuart Young

Deutsche Numis (Corporate Broker) +44 (0) 20 7260 1263Hugh Jonathan

Teneo (Financial PR) +44 (0) 20 7353 4200Robert Yates, Elizabeth Snow

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