Update re Reduction of Capital
Company obtains regulatory approval to distribute Arcona Property Fund shares to shareholders following capital reduction.
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Secure Property Development & Investment PLC, the AIM quoted South Eastern European focused property company, announces that it has obtained from the Cyprus Registrar of Companies the certificate confirming the reduction of share capital (as approved by shareholders on 23 April 2025), which in turn enables the distribution of the Arcona Property Fund shares it holds to its shareholders pro rata to their shareholdings. The Board of SPDI will liaise with its advisers to define the process needed in order to do so and will revert in due course with further details.
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