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BPD Bulgarian Prop.

16.50
0.00 (0.00%)
24 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bulgarian Prop. LSE:BPD London Ordinary Share GB00B058TT05 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 16.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Exercise of Options

28/04/2008 4:18pm

UK Regulatory


RNS Number:2657T
Bulgarian Property DevelopmentsPLC
28 April 2008


FOR IMMEDIATE RELEASE                                              28 APRIL 2008


                      BULGARIAN PROPERTY DEVELOPMENTS PLC

              ('Bulgarian Property Developments' or 'the Company')

                       COMPANY'S BROKER EXERCISES OPTIONS


The Directors of Bulgarian Property Developments are pleased to announce that
the Company's Broker, Fairfax I.S. PLC ("Fairfax"), has exercised options over
1,272,727 Ordinary Shares in the Company at the exercise price of 55 pence per
Share (the "Ordinary Shares").

These options were granted to Fairfax in connection with the fund raising in
January 2006.

Application has been made for the Ordinary Shares, which rank pari passu with
all existing shares, to be admitted to trading on AIM. Dealings in the Ordinary
Shares are expected to commence on 29 April 2008. Following the issue of the
Ordinary Shares, the Company's issued share capital consists of 108,238,914
Ordinary Shares with voting rights.


Enquiries:

Bulgarian Property Developments
Ivo Hesmondhalgh (Joint Chief Executive)           +44 (0) 20 7243 1336

Matrix Corporate Capital LLP
Ken Vere Nicoll                                    +44 (0) 20 7925 3388

Fairfax I.S. PLC
James King                                         +44 (0) 7598 5368

Cubitt Consulting
Simon Brocklebank-Fowler                           +44 (0) 20 7367 5100
Brian Coleman-Smith
James Verstringhe


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END
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