10th Sep 2008 15:05
Dragon - Ukrainian Properties & Development plc
(the 'Company')
DUPD is continuing its buy-back programme
The Company announces that, pursuant to the general authority granted by shareholders of the Company on 31 July 2008 to make market purchases of its own shares, the Company made market purchases totalling 100,000 ordinary shares of 1p each ('Shares') each at a price of 74 pence per Share on 10 September 2008 ("Purchased Shares"). The Purchased Shares will be cancelled as soon as practicable following the acquisition.
The total amount of Purchased Shares to date acquired under the buy back programme totals 610,000.
Following the purchase of the Purchased Shares, the Company has a total of 141,718,716 Shares in issue and with voting rights ("Voting Shares") (after deducting the 100,000 Purchased Shares). The Purchased Shares represent 0.07 per cent of the Voting Shares.
Enquiries:
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