REG - Secure Property Dev - Shareholding Notification and Director Dealing

Secure Property Development & InvestmentAnnouncement

23/05/2023 07:00

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RNS Number : 2414A  Secure Property Dev & Inv PLC  23 May 2023

Secure Property Development & Investment PLC/ Index: AIM / Epic: SPDI /
Sector: Real Estate

 

Secure Property Development & Investment PLC ('SPDI' or 'the Company')

Shareholding Notification and Director Dealing

 

Secure Property Development and Investment PLC (AIM: SPDI), the South Eastern
European focused property and investment company, has been notified of the
following shareholder ownership change and director dealings:

 

Badoli Investments Ltd. ("Badoli") a corporate entity in which Lambros
Anagnostopoulos, Chief Executive Officer of SPDI, has a majority interest, PM
Tsiftis Maritime Trading Ltd, ("PM Tsiftis") a corporate entity of which
Michael Petros Beys, Chairman of the Board of SPDI, is the sole director,
Harin Thaker and Ian Domaille, both directors of SPDI, have acquired
respectively 2,650,000, 1,850,000 , 980,000 and 1,779,902 Ordinary Shares of
the Company.

 

Following the acquisition Badoli, PM Tsiftis, Harin Thaker and Ian Domaille
will have a beneficial interest respectively in 13,140,240, 5,430,793,
1,277,192 and 2,594,790* Ordinary Shares, representing 10,17, 4,20, 0,99 and
2,01 per cent of the issued share capital of SPDI. Mr. Lambros Anagnostopoulos
and Mr. Michael Petros Beys hold an additional 1,001,092 and 679,976 Ordinary
Shares in their own name respectively.

 

The above purchases were made from NR Investments Ltd, which has now sold its
entire shareholding of 8,599,802 Ordinary Shares, representing 6,66 per cent
of the issued share capital of SPDI.

 

*Ian Domaille's holding includes a number of 83,196 Ordinary Shares as
non-beneficial owner

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         1.     Lambros Anagnostopoulos

                                                                   2.     Michael Petros Beys

                                                                   3.     Harin Thaker

                                                                   4.     Ian Domaille
 2    Reason for the notification
 a)   Position/status                                              1.     Chief Executive Officer

                                                                   2.     Chairman

                                                                   3.     Non-Executive Director

                                                                   4.    Non-Executive Director
 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Name                                                         Secure Property Development & Investment PLC

 b)   LEI                                                          213800G1B6Z65Q2PCS66

 4    Details of the transaction(s): section to be repeated for (i) each type of
      instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 a)   Description of the financial instrument, type of instrument  Ordinary Shares of EURO 0.01 each in the share capital of Secure Property

                                                                 Development & Investment PLC

      Identification code                                          CY0102102213

 b)   Nature of the transaction                                    1.     Purchase of Ordinary Shares

                                                                   2.     Purchase of Ordinary Shares

                                                                   3.     Purchase of Ordinary Shares

                                                                   4.    Purchase of Ordinary Shares
 c)   Price(s) and volume(s)                                       Price: 4.475p

                                                                   1.     Volume: 2,650,000

                                                                   2.     Volume: 1,850,000

                                                                   3.     Volume: 980,000

                                                                   4.     Volume: 1,779,902

 d)   Aggregated information                                       1.     N/A

                                                                   2.     N/A

                                                                   3.     N/A

                                                                   4.     N/A

 e)   Date of the transaction                                      22 May 2023

 f)   Place of the transaction                                     London Stock Exchange, AIM Market (XLON)

 

 

* * ENDS * *

 

This announcement contains inside information for the purposes of Article 7 of
EU Regulation 596/2014.

 

For further information please contact:

 

 Lambros Anagnostopoulos  SPDI                    Tel: +357 22 030783

 Rory Murphy              Strand Hanson Limited   Tel: +44 (0) 20 7409 3494

 Ritchie Balmer

 Catherine Leftley        St Brides Partners Ltd  Tel: +44 (0) 20 7236 1177

 

    Jon Belliss    Novum Securities Limited  Tel: +44 (0) 20 7399 9400

 

 

Notes to Editors

Secure Property Development and Investment plc is an AIM listed property
development and investment company focused on the South East European
markets.  The Company's strategy is focused on generating healthy investment
returns principally derived from: the operation of income generating
commercial properties and capital appreciation through investment in high
yield real estate assets.  The Company is focused primarily on commercial and
industrial property in populous locations with blue chip tenants on long term
rental contracts.  The Company's senior management consists of a team of
executives that possess extensive experience in managing real estate companies
both in the private and the publicly listed sector, in various European
countries.

 

 

 

 

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