31st Oct 2008 17:50
Dragon - Ukrainian Properties & Development Plc
(the 'Company')
TRANSACTION IN OWN SHARES & TOTAL VOTING RIGHTS
The Company announces that, pursuant to the general authority granted by shareholders of the Company on 31st July 2008 to make market purchases of its own shares, the Company made market purchases totalling 250,000 ordinary shares of 1p each ('Shares') on each of 30 October and 31 October 2008 at respective prices of 39.5p and 40.25p per Share ("the Purchased Shares"). The Purchased Shares will be cancelled as soon as practicable following the acquisition.
As at 31 October 2008 Dragon - Ukrainian Properties & Development Plc has bought back 3,960,000 shares, which have been, or are in the process of being, cancelled.
For the purposes of the Financial Services Authority's Disclosure and Transparency Rules, the total number of Shares in issue as at the date of this notice after deducting the Purchased Shares is 138,368,716 with each share carrying the right to one vote.
There are no shares held in treasury.
The total number of voting rights in Dragon-Ukrainian Property Development Plc is therefore 138,368,716.
The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Dragon-Ukrainian Properties & Development Plc, under the Disclosure and Transparency Rules.
For further information, please contact:
Dragon Ukrainian Properties & Development Plc (www.dragon-upd.com)
Tomas Fiala
+380 44 490 7120
Dragon Capital Partners Limited
Chris Kamtsios: + 380 44 490 7120
KBC Peel Hunt Ltd (Nominated Adviser and Broker)
Capel Irwin: + 44 20 7418 8900
Daniel Harris
Related Shares:
DUPD.L