Notice of EGM

 

TIDMDPE 
 
RNS Number : 7397N 
DP Property Europe Limited 
16 June 2010 
 

                    Notice of Extraordinary General Meeting 
 
                           DP Property Europe Limited 
 
On 14 May 2010, DP Property Europe Limited (the "Company") announced that it 
would be convening an EGM in response to a request from Dinu Patriciu Global 
Properties Limited ("DPGP") to convene an EGM for the purpose of proposing 
certain resolutions as set out in the announcement ("Resolutions"). 
 
In summary, the Resolutions propose the following: 
·      that Paul Smith and Anthony Foster each be appointed as a director of the 
Company with immediate effect; 
·      that David Charles Pinckney, Nicholas David Moss, Christopher Wade 
Sherwell and David Norman Allison each cease to be a director of the Company 
with immediate effect; 
·      that the Company cancel the listing of its ordinary shares of no par 
value ("Shares") on the Official List of the UK Listing Authority and the 
trading of its Shares on the main market of the London Stock Exchange plc; and 
·      that the Company apply to the Channel Islands Stock Exchange ("CISX") for 
the cancellation of the listing of its Shares on the CISX. 
 
Further to this request, the Company is today posting the notice of EGM to 
shareholders along with an explanatory circular setting out the Board's reasons 
for recommending shareholders vote AGAINST the Resolutions. 
 
A copy of the circular and notice of EGM will shortly be available from the 
Company's website www.dppel.com. 
 
In the event that the resolution pertaining to the cancellation of the listing 
of the Shares on the Official List of the UK Listing Authority and the trading 
of its Shares on the main market of the London Stock Exchange plc is passed, it 
is expected that cancellation will be effective on 6 August 2010. 
 
The EGM will be held at Trafalgar Court, Les Banques, St Peter Port, Guernsey, 
GY1 3QL, Channel Islands on 9 July 2010 at 10:30 a.m. 
 
For further information, please contact: 
 
+-----------------------------------+-------------------------+ 
| DP Property Europe Limited        |            01481 745604 | 
| David Pinckney                    |                         | 
+-----------------------------------+-------------------------+ 
|                                   |                         | 
+-----------------------------------+-------------------------+ 
| Joint Financial Adviser           |           020 7647 8529 | 
| Spencer House Partners LLP        |                         | 
| Jeremy Sillem                     |                         | 
| Andrew Malcolm                    |                         | 
|                                   |                         | 
+-----------------------------------+-------------------------+ 
|                                   |                         | 
+-----------------------------------+-------------------------+ 
| Joint Financial Adviser and       |           020 7710 7600 | 
| Broker                            |                         | 
| Oriel Securities Limited          |                         | 
| Tom Durie                         |                         | 
| Neil Langford                     |                         | 
+-----------------------------------+-------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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