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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| East Euro Prop. | LSE:EEP | London | Ordinary Share | GB00B0XQ3R24 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 28.50 | 24.00 | 33.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMEEP
RNS Number : 6263W
Eastern European Property Fund Ltd
16 November 2017
FOR IMMEDIATE RELEASE
Eastern European Property Fund Limited
Strategic Review
16 November 2017
Eastern European Property Fund Limited ("EEP" or the "Company") continues to procure and progress negotiations with interested parties with a view to securing the disposal of EEP's remaining key property asset as soon as possible. However, as highlighted in the Company's Interim Report for the period to 30 June 2017, the Board is cognisant of the Company's ongoing operating costs relative to progress being made on the disposal of that asset.
With that in mind, the Board wishes to consult with shareholders shortly to seek views on:
(i) the future of EEP as a quoted company and potential cost-savings through a de-listing; and
(ii) the sale strategy in respect of the Company's principal asset which may include seeking an anchor tenant for the property in the short-term in order to better facilitate a more attractive disposal in the medium-term.
Liberum Capital, as the Company's Nominated Adviser and Broker, will consult shortly with key shareholders on the Company's behalf. Any shareholders not contacted by Liberum wishing to discuss the Company's future are invited to contact Liberum.
- end -
Contacts
Hot Features
Premium
Elysium Fund Management Steve Pearce (nominated
Limited adviser)
1(st) Floor, Royal Henry Freeman (corporate
Chambers broker)
St Julian's Avenue Liberum Capital Limited
St Peter Port Ropemaker Place,
Guernsey Level 12
GY1 3JX 25 Ropemaker Street
London
EC2Y 9LY
Tel: +44 1481 810100 Tel: +44 203 100
2000
Elysium website: www.elysiumfundman.com Email: eepf@liberum.com
EEP website: www.eepfl.com Website: www.liberum.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCBLBDBIDBBGRU
(END) Dow Jones Newswires
November 16, 2017 02:00 ET (07:00 GMT)
1 Year Eastern European Property Chart |
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