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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Ishaan | LSE:ISH | London | Ordinary Share | IM00B1FW3316 | 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% | 49.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jun 2019 to Jun 2024
TIDMISH
RNS Number : 5301Y
Ishaan Real Estate PLC
22 February 2013
22 February 2013
Ishaan Real Estate plc
("Ishaan Real Estate" or the "Company")
Posting of Circular
Further to the announcement released by Ishaan Real Estate on 21 February 2013 on the proposed sale of the Company's entire Property Interests to Chalet Hotels Private Limited, a member of the K Raheja Corp Group, and other entities connected with K Raheja Corp Group, for an aggregate consideration of approximately GBP70.3 million in cash (the "Disposal"), and the amendment of the Company's investment strategy to facilitate the subsequent distribution of the Company's Estimated Net Cash Resources (estimated at 51 pence per Ordinary Share) to Shareholders (together, the "Proposals"), the Company announces that a circular relating to the Proposals (the "Circular") has today been posted to Shareholders.
A copy of the Circular, which includes a notice convening an extraordinary general meeting of the Company to be held at 12.00 pm on 11 March 2013 at Top Floor, 14 Athol Street, Douglas, Isle of Man IM1 1JA, will shortly be available on the Company's website: www.ishaanrealestate.com.
Defined terms in this announcement have the same meanings as set out in the Circular.
Enquiries:
Deutsche Bank AG, London Branch (NOMAD and broker to the Company) Ben Lawrence John O'Driscoll Tel: +44 20 7545 8000 College Hill (PR advisers to the Company) Mike Davies Tel : +44 20 7457 2020 Email: mike.davies@collegehill.com
Deutsche Bank AG is authorised under German Banking Law (competent authority: BaFin - Federal Financial Supervising Authority) and authorised and subject to limited by the Financial Services Authority. Details about the extent of Deutsche Bank AG's authorisation and regulation by the FSA are available on request.
Deutsche Bank AG is acting for the Company and no one else in connection with the Disposal and will not be responsible to anyone other than the Company for providing the protections afforded to clients of Deutsche Bank nor for providing advice in connection with the Disposal.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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