27 September 2012
Real Estate Investors plc
(“REI” or the “Company”)
Director’s Dealing
Real Estate Investors plc (AIM: RLE), the West Midlands based property group, announces that it was advised yesterday that, on 19 September 2012, William Wyatt, Non-executive Director of the Company, acquired 25,000 ordinary shares of 10p each in the Company (“Ordinary Shares“) at a price of 40p per share. Following this acquisition, Mr Wyatt’s interest in the Company amounts to 48,500 Ordinary Shares, representing 0.07 per cent. of the issued share capital.
Mr Wyatt holds his Ordinary Shares in a Self Invested Pension Plan. He is also chief executive of Caledonia Investments plc which has an interest in 28.19 per cent. of the issued share capital of the Company.
Enquiries:
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Real Estate Investors PLC Paul Bassi
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+44 (0)121 212 3446 |
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Smith & Williamson Corporate Finance Limited Azhic Basirov / Siobhan Sergeant
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+44 (0)20 7131 4000 |
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Liberum Chris Bowman / Richard Bootle
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+44 (0)20 3100 2000 |
Notes to Editors
1. REI is an AIM listed property investment company specialising in commercial and residential property principally in the West Midlands and central England.
2. REI is focused on delivering shareholder value through returns generated from strong yields and capital enhancements. This is achieved by targeting investments in orphaned, distressed, part-let and underperforming commercial and residential property assets.
3. REI is led by respected property investor Paul Bassi CBE, who has over 25 years of property experience in the West Midlands. Mr Bassi is also founder and chairman of Bond Wolfe and chairman of CP Bigwood Chartered Surveyors.
4. REI was admitted to trading on AIM in June 2004. As at 30 June 2012 its portfolio and inventories were valued at £73.5 million.
5. Further information on REI can be found at www.reiplc.barques.dev.
END
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