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SECURE PROPERTY Development & Investment ( (GB:SPDI) ) has issued an update.
Secure Property Development & Investment PLC has received confirmation from the Cyprus Registrar of Companies for the reduction of its share capital, as approved by shareholders in April 2025. This enables the company to distribute shares of the Arcona Property Fund to its shareholders, aligning with its strategic focus on maximizing shareholder value through strategic asset management.
More about SECURE PROPERTY Development & Investment
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 centered on generating investment returns from income-generating commercial properties and capital appreciation through high yield real estate assets. It primarily targets commercial and industrial properties in populous areas with blue chip tenants on long-term rental contracts.
Average Trading Volume: 107,424
Technical Sentiment Signal: Sell
Current Market Cap: £4.84M
Find detailed analytics on SPDI stock on TipRanks’ Stock Analysis page.