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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 |
TIDMREO
RNS Number : 0478G
Real Estate Opportunities PLC
05 May 2011
Real Estate Opportunities plc
Result of Extraordinary General Meeting and Meeting of the CULS Holders
The Board of Real Estate Opportunities plc ("REO" or the "Company") is pleased to announce that the resolution put to shareholders at the Extraordinary General Meeting held earlier today was passed, with proxies having been received in advance of the EGM amounting to 272,208,312 ordinary shares in favour of the resolution and 5,000 ordinary shares against.
The Board would also like to announce that the resolution put to a Meeting of the CULS Holders held earlier today was passed, with proxies having been received in advance of the Meeting amounting to 75,394,412 CULS in favour of the resolution and 2,400,000 CULS against.
The passing of these resolutions, together with the passing of a resolution put to ZDP shareholders of REO Securities Limited at a meeting held earlier today, will facilitate the restructuring of the Company, details of which can be found in the circulars to Ordinary Shareholders and CULS Holders dated 11 April 2011.
Ray Horney, Chairman, commented
"The successful outcome of these meetings demonstrates the support of the Ordinary Shareholders and CULS Holders in the implementation of the Company's restructuring. On behalf of the Board, I would like to thank them for this support and we look forward to the future success of the Company."
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
Goodbody Stockbrokers
Linda Hickey, Corporate Broking
Tel: +353 1 641 6017
Finsbury
Gordon Simpson/Arif Shah
Tel: +44 (0)207 251 3801
Murray Consultants
Ed Micheau
Tel: +353 1 498 0300
This information is provided by RNS
The company news service from the London Stock Exchange
END
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