We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Real Estate | LSE:REO | London | Ordinary Share | GB0030364995 | 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% | 0.25 | 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
TIDMREO
RNS Number : 1981W
Real Estate Opportunities PLC
25 January 2012
Real Estate Opportunities plc
NAMA Standstill Agreement
On 13 January 2012 Real Estate Opportunities plc ("REO" or the "Group") announced that demands made by the National Management Asset Agency ("NAMA") for repayment of loans advanced to certain Group subsidiaries and that a Standstill Agreement had been entered into between the Group and NAMA.
The Group subsidiaries against which the demands were made are Wintertide Limited, Radtip Properties Limited, Tenderbrook Limited, Sencode Limited, Lornabay Limited, Twynholm Limited, Rigol Limited, Ballymun Shopping Centre Limited, Coolred Limited and Montevetro II Limited (the "Subsidiaries"), for amounts totalling EUR568,828,437.
The Standstill Agreement and the loan repayment demands expired at 4.00pm today.
NAMA has informed the Subsidiaries that it intends to appoint Receivers on foot of its debt charges in those Subsidiaries.
The Subsidiaries subsequently applied to the Irish High Court for permission to seek leave to take a Judicial Review of NAMA's decision and the Court has directed that short notice be served on NAMA, so that NAMA can be heard by the Court, at 11 am tomorrow January 26th .
If the Subsidiaries are unsuccessful in their judicial review application, it is likely that receivers will be appointed to them.
A further announcement will be made tomorrow.
Enquiries:
Real Estate Opportunities plc
Ray Horney, Chairman Tel: +44 (0)1273 775 225
Matrix Corporate Capital
Paul Fincham/ Jonathan Becher Tel: +44 (0)20 3206 7000
RLM Finsbury
Gordon Simpson Tel: +44 (0)207 251 3801
Murray Consult
Ed Micheau Tel: +353 1 498 0300
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCLLFFTLTIEFIF
1 Year Real Estate Opportunities Chart |
1 Month Real Estate Opportunities Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
