Secure Property Dev - Statement re broker

Secure Property Development & Investment

02/03/2018 16:03

RNS Number : 5944G

Secure Property Dev & Inv PLC

02 March 2018

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

Secure Property Development & Investment PLC

('SPDI' or 'the Company')

Statement re broker

Secure Property Development & Investment PLC, the AIM-quoted property company focused on Emerging Europe, notes the announcement made today by the Financial Conduct Authority relating to the administration of Beaufort Securities Limited ("Beaufort") and Beaufort Asset Clearing Services Limited and which requires Beaufort to cease all regulated activity.

Accordingly, SPDI confirms that Strand Hanson Limited will act as the Company's sole broker with immediate effect.

* * ENDS * *

For further information please visit www.secure-property.eu or contact:

Lambros Anagnostopoulos
SPDI
Tel: +357 22 030783
Rory Murphy
Ritchie Balmer
Jack Botros
Strand Hanson Limited
Tel: +44 (0) 20 7409 3494
Lottie Wadham
Frank Buhagiar
St Brides Partners Ltd
Tel: +44 (0) 20 7236 1177

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.

This information is provided by RNS

The company news service from the London Stock Exchange

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