6th Aug 2025 16:27
6 August 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 6 August 2025, that QSix purchased a further 28,030 ordinary shares in PSD at an average price of 166.98 pence per share. This purchase increases QSix's cumulative purchases of PSD shares acquired since 25 July 2024 to 386,747 ordinary shares.
For further information, please contact:
Phoenix Spree Deutschland Limited +44 (0) 20 3937 8760
Stuart Young
Deutsche Numis (Corporate Broker) +44 (0) 20 7260 1263
Hugh Jonathan
Teneo (Financial PR) +44 (0) 20 7353 4200
Elizabeth Snow
Related Shares:
Phoenix Spree D