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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Develica | LSE:DDE | London | Ordinary Share | GB00B151M860 | ORD EUR0.01 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.011 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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TIDMDDE
RNS Number : 7257Q
Develica Deutschland Ltd
09 August 2010
FOR IMMEDIATE RELEASE
9 August 2010
DEVELICA DEUTSCHLAND LIMITED:
("Develica" or "the Company")
SHARE PURCHASE
Develica, the AIM-listed German property investment company, today announces
that on 2 August 2010, Lars Luecking, the Managing Director of the Investment
Manager, Develica Deutschland Management Limited, acquired 488,000 ordinary
shares in the Company of EUR0.01 each ("Ordinary Shares") at EUR0.042 per Ordinary
Share for a total consideration of EUR20,496.00. As a result of this purchase Mr
Luecking who previously held no shares in the Company now owns 0.2% of the
Company's issued share capital.
Derek Butler, the Chairman of the Board said that this purchase further
demonstrates the continuing belief of the Directors and Investment Manager of
Develica and their continuing belief in the mid term recovery of the Company
based upon the strong property fundamentals especially cash flow and an
improving German market.
Ends.
Contact:
Baron Phillips, Baron Phillips Associates. Tel: 020 7920 3161
Philip Secrett, Grant Thornton Corporate Finance Tel: 020 7728 2578
This information is provided by RNS
The company news service from the London Stock Exchange
END
This information is provided by RNS
The company news service from the London Stock Exchange
END
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