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Phoenix Spree Deutschland Ltd ( (GB:PSDL) ) has provided an announcement.
Phoenix Spree Deutschland Limited has announced the publication of a shareholder circular to convene its 2025 Annual and Extraordinary General Meetings. The company is seeking shareholder approval to implement a Compulsory Redemption Facility, which would allow it to return cash to shareholders through compulsory redemptions of ordinary shares, enhancing financial flexibility and potentially impacting shareholder returns.
More about Phoenix Spree Deutschland Ltd
Phoenix Spree Deutschland Limited is a UK-listed investment company that specializes in residential real estate in Berlin.
Average Trading Volume: 37,300
Technical Sentiment Signal: Sell
Current Market Cap: £152.9M
For a thorough assessment of PSDL stock, go to TipRanks’ Stock Analysis page.