Secure Property Dev & Inv PLC Director/PDMR Shareholding (7218D)

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RNS Number : 7218D

Secure Property Dev & Inv PLC

21 October 2022

21 October 2022

Secure Property Development & Investment PLC ('SPDI' or 'the Company')

Director Dealing

Secure Property Development and Investment PLC (AIM: SPDI), the South Eastern European focused property and investment company, has been notified of the following shareholder ownership change:

Badoli Investments Limited ("Badoli"), a corporate entity in which Lambros Anagnostopoulos, Chief Executive Officer of SPDI has a majority interest in, on 19 October 2022, acquired 1,886,618 Ordinary Shares of the Company at a price of 5.75 pence per Ordinary Share. The notification below, made in accordance with the requirements of the EU Market Abuse Regulation (as applied to UK law), provides further detail on the applicable transaction. Following the acquisition, Badoli will have a beneficial interest in 10,490,240 Ordinary Shares, representing 8.12 per cent of the issued ordinary share capital of SPDI. Mr. Lambros Anagnostopoulos holds an additional 1,001,092 Ordinary Shares in his own name, representing 0.77 per cent of the issued ordinary share capital of SPDI.

 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                             Lambros Anagnostopoulos and majority 
                                        shareholder of Badoli Investments 
                                        Limited 
     -------------------------------  ----------------------------------------- 
 2.   Reason for the notification 
     -------------------------------------------------------------------------- 
 a)   Position/status                  Chief Executive Officer 
     -------------------------------  ----------------------------------------- 
 b)   Initial notification/Amendment   Initial Notification 
     -------------------------------  ----------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer, or auction monitor 
     -------------------------------------------------------------------------- 
 a)   Name                             Secure Property Development & Investment 
                                        PLC 
     -------------------------------  ----------------------------------------- 
 b)   LEI                              213800G1B6Z65Q2PCS66 
     -------------------------------  ----------------------------------------- 
 4.   Details of the transaction(s): section to be repeated for (i) 
       each type of instrument; (ii) each type of transaction; (iii) 
       each date; and (iv) each place where transactions have been 
       conducted 
     -------------------------------------------------------------------------- 
 a)   Description of the financial     Ordinary shares of EURO 0.01 each 
       instrument                       in the share capital of Secure Property 
       Identification code              Development & Investment PLC 
 
                                        CY0102102213 
     -------------------------------  ----------------------------------------- 
 b)   Nature of the transactions       Purchase of Ordinary Shares 
     -------------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)             Price        Volume 
                                          GBP0.0575    1,886,618 
                                                      ---------- 
     -------------------------------  ----------------------------------------- 
 d)   Aggregated information           N/A (Single transaction) 
       - Aggregated volume 
       - Price 
     -------------------------------  ----------------------------------------- 
 e)   Date of the transaction          19 October 2022 
     -------------------------------  ----------------------------------------- 
 f)   Place of the transaction         London Stock Exchange, AIM Market 
                                        (XLON) 
     -------------------------------  ----------------------------------------- 
 

For further information please visit www.secure-property.eu or contact:

 
Lambros Anagnostopoulos  SPDI                        Tel: [phone] 
 
  Rory Murphy              Strand Hanson Limited       Tel: [phone] 
  Ritchie Balmer 
 
  Jon Belliss              Novum Securities Limited    Tel: [phone] 
 
  Catherine Leftley        St Brides Partners Ltd      Tel: [phone] 
  Isabelle Morris 
 

About Secure Property Development and Investment PLC

Secure Property Development and Investment plc is an AIM listed property development and investment company focused on the South East European markets. The Company's strategy is focused on generating healthy investment returns principally derived from: the operation of income generating commercial properties and capital appreciation through investment in high yield real estate assets. The Company is focused primarily on commercial and industrial property in populous locations with blue chip tenants on long term rental contracts. The Company's senior management consists of a team of executives that possess extensive experience in managing real estate companies both in the private and the publicly listed sector, in various European countries.

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October 21, 2022 05:30 ET (09:30 GMT)