Result of General Meeting

Secure Property Development & Investment PLC, the AIM quoted South Eastern European focused property company, announces that today it held the Company's Extraordinary General Meeting (the "EGM") where all resolutions proposed to shareholders were duly passed.

Following the approval of the resolutions at the EGM, the necessary changes to the Company's share capital structure, as set out in the Notice of EGM sent to shareholders on 17 June 2024, will be undertaken. This will permit the distribution to shareholders of SPDI their pro rata allocation of shares of Arcona Property Fund N.V. held by the Company, or by a bank transfer of readily available funds, or both as the board of directors may in their absolute discretion decide. To do this, the Company's redeemable preference Class B shares will be cancelled (Resolution 1) and the Company's share premium account will be reduced (Resolutions 2 and 3).

Further announcements will be made in due course.