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SECURE PROPERTY Development & Investment ( (GB:SPDI) ) has provided an announcement.
Secure Property Development and Investment PLC (SPDI) announced a significant shareholding change involving its CEO, Lambros Anagnostopoulos. Badoli Investments Ltd., in which Mr. Anagnostopoulos holds a majority interest, acquired 1,447,159 ordinary shares, increasing its stake to 11.29% of SPDI’s issued share capital. This transaction highlights the CEO’s confidence in the company’s strategic direction and potential growth, potentially impacting investor sentiment and the company’s market positioning.
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 primarily deals with commercial and industrial properties, targeting populous locations with blue-chip tenants on long-term rental contracts. Their strategy emphasizes generating investment returns through income-generating commercial properties and capital appreciation from high-yield real estate assets.
Average Trading Volume: 128,656
Technical Sentiment Signal: Strong Sell
Current Market Cap: £4.52M
For detailed information about SPDI stock, go to TipRanks’ Stock Analysis page.