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DDS Dawnay Sir.

0.282
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Dawnay Sir. LSE:DDS London Ordinary Share GG00B1W3VF54 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.282 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Statement re. Press Comment

14/07/2008 7:00am

UK Regulatory


    RNS Number : 9600Y
  Dawnay, Day Sirius
  14 July 2008
   
    Dawnay, Day Sirius Limited - Notice to Shareholders

    The Board of Dawnay, Day Sirius Ltd ("DDS") wants to take this opportunity to respond to recent press reports surrounding the Dawnay,
Day Group.  

    The Board of DDS would like to remind Shareholders that DDS is a separate legal entity, resident in Guernsey and controlled by an
independent board of directors, four out of five of whom are independent from its Asset Manager, Dawnay, Day Sirius Real Estate Asset
Management Ltd.  

    The Company has received assurances from its Asset Manager that the Asset Manager is solvent and is capable of continuing to perform its
duties under the asset management agreement.

    The Asset Manager has also confirmed that DDS continues to hold title to its property assets directly, and continues to have safe
custody over all its assets and that the funding structure of DDS is wholly independent of the Dawnay, Day Group.

    The DDS investment strategy remains unchanged which is to invest in large mixed use commercial sites for upgrading to flexible
workspaces in Germany.

    The Board of DDS will closely monitor the situation and keep shareholders informed.  

    Enquiries
    Kevin Oppenheim
    CEO
    Dawnay, Day Sirius Real Estate Asset Management Ltd
    Tel: 07973 821 008

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