REG - Phoenix SpreeDeutsch - Notice of Annual and Extraordinary General Meeting

Phoenix Spree DeutschlandAnnouncement

23/05/2025 07:00

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RNS Number : 8374J  Phoenix Spree Deutschland Limited  23 May 2025

 

23 May 2025

 

Phoenix Spree Deutschland Limited

("PSD" or the "Company")

Notice of Annual and Extraordinary General Meeting

Proposal to introduce a Compulsory Redemption Facility

Phoenix Spree Deutschland Limited (LSE: PSDL.LN), the UK listed investment
company specialising in Berlin residential real estate, announces the
publication of a shareholder circular (the "Circular") to convene its 2025
Annual General Meeting ("AGM") and a separate Extraordinary General Meeting
("EGM").

The Board is convening the EGM to seek the approval of Shareholders to
implement a compulsory redemption facility (the "Compulsory Redemption
Facility"), to give the Company flexibility to return cash to Shareholders on
a pro rata basis, in a cost-effective and timely manner, through compulsory
redemptions of its ordinary shares. Details of the Compulsory Redemption
Facility are set out in the Circular, together with the reasons why the
Directors are recommending that you vote in favour of the resolutions at the
AGM and the EGM.

The Company's AGM will be held at IFC 5, St Helier, JE1 1ST, Jersey at 11:00
a.m. (BST) on 18 June 2025.

The EGM will be held at IFC 5, St Helier, JE1 1ST, Jersey at 11:30 a.m. (BST)
(or as soon thereafter as the AGM concludes or is adjourned) on 18 June 2025.

The AGM/EGM circular and relevant proxy forms, together with the annual report
and financial statements for the year ended 31 December 2024 (the
"Documents"), have been posted to shareholders, submitted to the National
Storage Mechanism and are available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

The Documents can also be obtained from the Company Secretary or from the
Company's website at
https://www.phoenixspree.com/investors/annual-general-meeting/
(https://www.phoenixspree.com/investors/annual-general-meeting/)

Legal Entity identified: 213800OR6IIJPG98AG39

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

Annushka Shivnani

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