Dragon-Ukrainian Prop. & Dev. PLC Result of Extraordinary General Meeting (1633M)

TIDMDUPD

RNS Number : 1633M

Dragon-Ukrainian Prop. & Dev. PLC

06 May 2020

6 May 2020

Dragon-Ukrainian Properties & Development plc

("DUPD" or the "Company" and together with its subsidiaries, the "Group")

Result of Extraordinary General Meeting

and

Cancellation from trading on AIM

DUPD announces that the resolution proposed for the purposes of approving the Cancellation from admission to trading on AIM of DUPD's Ordinary Shares at the Extraordinary General Meeting of the Company held earlier today, were duly passed. The Cancelation Resolution is set out in full in the circular dated 20 April 2020 ("Circular").

Accordingly, as contemplated in the Circular and the Company's announcements of 20 April 2020 and 1 May 2020, the last day of dealings in DUPD's Ordinary Shares will be 18 May 2020 and, at 7.00 a.m. on 19 May 2020, the admission to trading on AIM of DUPD's Ordinary Shares will be cancelled. Following the Cancellation, Panmure Gordon will cease to be nominated adviser to the Company.

The Company notes that the Purchase Facility, as set out in the Circular, will open tomorrow, 7 May 2020 and remain open until 1.00 p.m. (London time) on 28 May 2020.

Further details of the Cancellation and the Purchase Facility are set out in the Circular posted to shareholders and available on the Company's website at https://www.dragon-upd.com/files/DUPD%20Circular, %20Form%20of%20Proxy%20and%20Purchase%20Facility%20Form%20for%20EGM%20dd%206%20May%202020.pdf

Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meaning as those used in the Company's announcement of 20 April 2020.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.

For further information, please contact:

 
Dragon - Ukrainian Properties & Development plc (www.dragon-upd.com) 
                                                        [phone] 
Mark Iwashko (Chairman)                                  8811 
 
DCM Limited (Investment Manager) 
                                                        + 380 (44) 490 
Volodymyr Tymochko                                       7120 
 
Panmure Gordon (UK) Limited (Nominated Adviser) 
                                                        [phone] 
Atholl Tweedie                                           2500 
 

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May 06, 2020 09:30 ET (13:30 GMT)