Arcona Property Fund provides update on SPDI EGM decision
10 July 2024
Arcona Property Fund N.V. (the Fund) – a listed fund that invests in commercial real estate in Central Europe – reports that its major shareholder Secure Property Development & Investment plc, (SPDI), will now distribute its shares in the Fund to its shareholders. This proposal was adopted by the SPDI´s Extraordinary General Meeting of Shareholders (EGM) on July 10.
After this distribution the shares will become tradeable. SPDI aims to distribute its entire Fund shareholding to its shareholders before the end of the year.
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Arcona Property Fund provides update on SPDI EGM decision 10 July 2024 |
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