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Purchase of Shares by the Property Adviser

6th Aug 2025 16:27

RNS Number : 2871U
Phoenix Spree Deutschland Limited
06 August 2025
 

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

 

 

 

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