Result of Extraordinary General Meeting

6 May 2020

Dragon-Ukrainian Properties & Development plc

("DUPD" or the "Company" and together with its subsidiaries, the "Group")

Result of Extraordinary General Meeting

and

Cancellation from trading on AIM

DUPD announces that the resolution proposed for the purposes of approving the Cancellation from admission to trading on AIM of DUPD's Ordinary Shares at the Extraordinary General Meeting of the Company held earlier today, were duly passed. The Cancelation Resolution is set out in full in the circular dated 20 April 2020 ("Circular").

Accordingly, as contemplated in the Circular and the Company's announcements of 20 April 2020 and 1 May 2020, the last day of dealings in DUPD's Ordinary Shares will be 18 May 2020 and, at 7.00 a.m. on 19 May 2020, the admission to trading on AIM of DUPD's Ordinary Shares will be cancelled. Following the Cancellation, Panmure Gordon will cease to be nominated adviser to the Company.

The Company notes that the Purchase Facility, as set out in the Circular, will open tomorrow, 7 May 2020 and remain open until 1.00 p.m. (London time) on 28 May 2020.

Further details of the Cancellation and the Purchase Facility are set out in the Circular posted to shareholders and available on the Company's website at https://www.dragon-upd.com/files/DUPD%20Circular,%20Form%20of%20Proxy%20and%20Purchase%20Facility%20Form%20for%20EGM%20dd%206%20May%202020.pdf 

Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meaning as those used in the Company's announcement of 20 April 2020.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.

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