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SECURE PROPERTY Development & Investment ( (GB:SPDI) ) has issued an update.
Secure Property Development & Investment PLC held an Extraordinary General Meeting where all proposed resolutions were unanimously approved. This approval allows the company to restructure its share capital, enabling the distribution of Arcona Property Fund N.V. shares or cash to SPDI shareholders. The company will announce the cut-off date for shareholder entitlements soon, reflecting decisions from previous meetings.
More about SECURE PROPERTY Development & Investment
Secure Property Development and Investment plc is an AIM listed company focused on property development and investment in South East European markets. The company aims to generate returns through income-generating commercial properties and capital appreciation from high-yield real estate assets, primarily focusing on commercial and industrial properties in populous areas with long-term blue-chip tenants.
YTD Price Performance: -6.25%
Average Trading Volume: 134,800
Technical Sentiment Signal: Strong Buy
Current Market Cap: £4.84M
See more insights into SPDI stock on TipRanks’ Stock Analysis page.